Updated Duplex with Covered
For Sale
$459,900
Pending
66 Lyford Street, Laconia, NH 03246
Two separate living units offer options for owner occupancy, rental use, or multigenerational living.
Property Size2,393 SF
Days on Market40
Property Features for 66 Lyford Street
General Information
Standard status
Pending
Size
2,393 SF
Property subtype
Multifamily
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Tenant in Place
Yes
Amenities
covered porch
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Granite Group Realty Services
(603) 744-3004
Listed By:
Margaret Duba · License #Margaret Duba
(603) 707-7239
Source:
Longviewcre
Added: Sep 23
Changed: Nov 1
Last Checked: Nov 1 at 2:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Granite Group Realty Services
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Investment Insights
Based on property information with market context.
This 2,393-square-foot duplex in Laconia contains two living units. Improvements include a new roof, a freshly painted exterior, an updated full bathroom, a newer kitchen, and updated flooring. A covered porch and level yard provide additional outdoor space. The property was built in 1920.
Natural gas, city water, city sewer, and municipal trash pickup serve the property. Opechee Town Beach is within walking distance, with downtown Laconia, shopping, schools, and restaurants also nearby.
Natural gas, city water, city sewer, and municipal trash pickup serve the property. Opechee Town Beach is within walking distance, with downtown Laconia, shopping, schools, and restaurants also nearby.
Key Highlights
- Two‑unit duplex with 2,393 square feet
- New roof and freshly painted exterior
- Updated full bathroom, newer kitchen, and updated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,916
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,320
$698.3K
Cap Rate 7%
$498,800
$498.8K
Cap Rate 9%
$387,956
$388.0K
Market Conditions
NOI Build-Up for 2,393 SF
Gross rent
$51.7K $21.60/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$49.9K $20.84/SF
− OpEx
−$15.0K −$6.25/SF
NOI
$34.9K $14.59/SF
Area
Belknap County, NH
Vacancy
3.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,320
Cap Rate 7%
$498,800
Cap Rate 9%
$387,956
Alternative Uses
Best Use
Multifamily LT 5
$498.8K
$436.5K – $581.9K
NOI $34,916 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$458.7K
$401.3K – $535.1K
NOI $32,106 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$569.1K
$497.9K – $663.9K
NOI $39,835 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,294
Businesses Nearby
Explore this area
Business Placement
Demographics for 03246, NH
16,905
Population
10,426
Households
1.6
Avg Household Size
47
Median Age
25%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
849
Density / Sq Mi
$68,407
Median Household Income
$40,504
Median Earnings
$1,180
Median Rent
$307,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living units offer options for owner occupancy, rental use, or multigenerational living.
Where is this duplex located?
The property is located at 66 Lyford Street Laconia, NH.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,393 square feet; New roof and freshly painted exterior; Updated full bathroom, newer kitchen, and updated flooring
