8 months on rocket

8-10 Arch St, Laconia, NH, 03246

$2,275,000

0.61 Acres
$258/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingDetached, Driveway, Garage, Off Street, Parking Spaces 21+, Paved
Year Built1900
HeatingNatural Gas, Other, Wall Furnace
CoolingCentral Air, None
BasementYes
MLS #4990665
Lot Size0.61 Acres
StatusActive

About 8-10 Arch St

Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch style building, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 11 renovated units, newer circuit breaker panels, superstore HW heater and Rinnai wall furnaces for each unit. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities or expansion. All financials and unit photos available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 8,830 SqFt

Listing Office:

  • Office Name: BerkshireHathaway HomeServices Commonwealth R.E
  • Office Phone: (508) 810-0700
  • Listing Agent: Trish Marchetti

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Porch, Storage

Parking Information:

  • Parking: Detached, Driveway, Garage, Off Street, Parking Spaces 21+, Paved

Lot Features

Lot Information:

  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other, Wall Furnace
  • Cooling: Central Air, None

Other

Directions Information:

  • Directions: Union Ave to Arch Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,275,000
  • Price Per SqFt: $258/SqFt
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Housing Market Comparison

See how this home compares to others in Laconia, NH.

Med. Sold Price

$520K

Med. Price/SqFt

$331

# of Sold Homes

17

8-10 Arch St vs Laconia

252 DAYS ON ROCKET

$2,275,000

+$1.7M More

$258/SqFt

-$73 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $73/SqFt less than other homes in Laconia, NH.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #4990665

Listing Office:

  • Office Name: BerkshireHathaway HomeServices Commonwealth R.E
  • Office Phone: (508) 810-0700
  • Listing Agent: Trish Marchetti

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,887

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4401189
3
/10
  • Woodland Heights Elementary School

  • 225 Winter St Ext

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-4401190
4
/10
  • Pleasant Street School

  • 350 Pleasant St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-4401191
4
/10
  • Elm Street School

  • 478 Elm St

  • 2.02 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,835. Residents of Laconia, NH typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Laconia, NH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Laconia, NH?

Laconia's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, with a mix of traditional New England colonials, capes, and contemporary styles. The market also includes condominiums and townhouses, providing alternatives for those seeking lower-maintenance living. The architectural landscape is a blend of historic homes dating back to the early 20th century and newer constructions that reflect modern living standards. The homeownership rate in Laconia is robust, with a significant portion of residents owning their homes, while the remainder of the population opts for rental opportunities.

Is Laconia, NH a good place to live?

Laconia is celebrated for its scenic beauty and outdoor recreational opportunities, particularly around Lake Winnipesaukee and the nearby mountains. The community prides itself on a friendly, small-town atmosphere with a strong sense of local pride. Annual events like the Laconia Motorcycle Week draw visitors from across the region, showcasing the area's vibrant character and tradition of hospitality.

Are things conveniently located in Laconia, NH?

The city of Laconia is served by a number of public schools, including several elementary schools, a middle school, and a high school, as well as private educational institutions that offer additional choices for families. Healthcare services are accessible, with a local hospital providing emergency care, primary care, and specialized services. The public library system supports lifelong learning and community engagement. Retail and dining options in Laconia reflect the local culture, with a mix of independent shops and restaurants that contribute to the city's charm.

What does the transportation in Laconia, NH look like?

Laconia's transportation infrastructure supports both private and public transit options. The city's roads connect residents to major highways, facilitating travel and commuting to surrounding areas. Public transportation services are available, with bus routes connecting key locations within the city and beyond. The area's walkability varies, with downtown Laconia being more pedestrian-friendly. Ride-sharing services are present, offering additional mobility options for residents and visitors. The city is also bike-friendly, with paths and lanes designated for cyclists.

Frequently Asked Questions About 8-10 Arch St

What is the listing price of this property?

The listing price of 8-10 Arch St property is $2,275,000.

What type of property is this?

The property 8-10 Arch St is land located in Laconia, New Hampshire, 03246.

Is this property for sale now?

Active Listing: 8-10 Arch St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 8-10 Arch St is 0.61 acres.
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Rocket HomesNew HampshireBelknap CountyLaconia032468-10 Arch St

This home is located at 8-10 Arch St in Laconia, NH and zip code 03246. This 8,830 square foot home, which was built in 1900, sits on a 0.61 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $2,275,000.

In November 2024 more than 3 listings in Laconia, NH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 13 were sold below. The number of listings in Laconia, NH decreased by 8.9% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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