Duplex with Detached
For Sale
$397,500
Pending
82 Summer ST, Laconia, NH 03246
Two apartments offer separate utilities, private basement storage, and washer/dryer hookups.
Property Size1,933 SF
Days on Market157
Property Features for 82 Summer ST
General Information
Standard status
Pending
Size
1,933 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Zoning
Residential
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
private basement with washer/dryer hookups and storage
Building Details
Building Size
1,933 SF
Year Built
1910
Stories
1
Listing Agency:
RE/MAX Innovative Bayside
Listed By:
The Platinum Group
(603) 677-2182
Source:
Hometown-team
Added: May 11
Changed: Sep 5
Last Checked: Aug 29 at 1:37PM
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 RE/MAX Innovative Bayside
Investment Insights
Based on property information with market context.
This 1,933-square-foot duplex, built in 1910, contains two apartments with distinct layouts. The first-floor residence provides three bedrooms and one bathroom, while the upper unit includes two bedrooms and one bathroom. Each apartment has a private basement area with storage and washer/dryer hookups, and the units are served by separate utilities.
The property includes a detached two-car garage and is located near the hospital in Laconia. Exterior features include vinyl siding and replacement windows. Interior improvements include a remodeled first-floor kitchen with granite countertops and new flooring, along with carpet that was replaced one year ago. The second-floor apartment features large bedrooms and an oversized living area. Residential zoning supports the existing duplex configuration, with owner-occupancy also identified as a potential use.
The property includes a detached two-car garage and is located near the hospital in Laconia. Exterior features include vinyl siding and replacement windows. Interior improvements include a remodeled first-floor kitchen with granite countertops and new flooring, along with carpet that was replaced one year ago. The second-floor apartment features large bedrooms and an oversized living area. Residential zoning supports the existing duplex configuration, with owner-occupancy also identified as a potential use.
Key Highlights
- Two‑unit duplex with 3‑bedroom and 2‑bedroom apartments
- 1,933 square feet; built in 1910
- Separate utilities for each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,204
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,080
$564.1K
Cap Rate 7%
$402,914
$402.9K
Cap Rate 9%
$313,378
$313.4K
Market Conditions
NOI Build-Up for 1,933 SF
Gross rent
$41.8K $21.60/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$40.3K $20.84/SF
− OpEx
−$12.1K −$6.25/SF
NOI
$28.2K $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%
$564,080
Cap Rate 7%
$402,914
Cap Rate 9%
$313,378
Alternative Uses
Best Use
Multifamily LT 5
$402.9K
$352.6K – $470.1K
NOI $28,204 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$370.5K
$324.2K – $432.2K
NOI $25,934 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$459.7K
$402.2K – $536.3K
NOI $32,177 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,139
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer separate utilities, private basement storage, and washer/dryer hookups.
Where is this duplex located?
The property is located at 82 Summer ST Laconia, NH.
What is the asking price?
The asking price for this property is $397,500.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom and 2‑bedroom apartments; 1,933 square feet; built in 1910; Separate utilities for each apartment
