9-unit mixed use property in central Laconia consisting of eight 1-bedroom apartments and a 928 SF commercial space. The building has been improved through updates to several apartments and the common areas, and the roof was replaced in 2021. All 8 apartments are occupied and rents are terrific with an average residential rent of $1,432/unit/month, and opportunity exists for the next owner to add revenue by leasing the commercial space. In total, the property generates ~$155K in pro forma gross revenue and ~$105K per year in NOI, corresponding to a 9.3% cap rate at the asking price. Landlord pays for heat, hot water, cold water, and electricity. There are 6 off-street parking spaces and ample street parking in the immediate vicinity. Owner is a real estate licensee.

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated June 2, 2026 6:57 PM EDT

Name

Your Email Address

Phone

Message Send me the deed for 261 Union Avenue Laconia NH 03264 (ID#:5092356)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 261 Union Avenue Laconia NH 03264 (ID#:5092356)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 261 Union Avenue Laconia NH 03264 (ID#:5092356)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details of 261 Union Avenue

Property Details

Basic Information

Building

Location

Interior Features

Bathrooms

Basement

Exterior Features

Features

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

North Conway Realty

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

Property Details of 261 Union Avenue

Property Details

Basic Information

Building

Location

Interior Features

Bathrooms

Basement

Exterior Features

Features

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

North Conway Realty