18-20 Cleveland Place Laconia, NH $ 775,000
18-20 Cleveland Place
$ 775,000
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18-20 Cleveland Place

Laconia, NH, 03246
$ 775,000
Bedrooms10 Baths6.0 Sq 3,132

Monthly Estimate*

$ 4,835

Listed by Ian Handel, Ian Handel Real Estate, ihrealtyservice@gmail.com
18-20 Cleveland Place, Laconia, NH 03246 - Image 1
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Multi-Family Home for sale in Laconia, NH

for $775,000 with 10 bedrooms and 6 full baths. This 3,132 square foot home was built in 1900 on a lot size of 0.1.

Cash-flowing, well-managed 6-unit property with numerous updates and stable tenancy. All tenants are current on rent and pay their own utilities (except hot water). The property features two 1-bedroom and four 2-bedroom units, offering a desirable mix. All kitchen and bathrooms are updated. Recent improvements include four new natural gas heaters (2024), electric mini-splits (2021) in four units providing heat and A/C, and a fully renovated Unit 1 down to the studs. Additional upgrades include a new roof (2022), repointed chimney with new flashing, new flooring in most units, and a new rear porch. An on-site coin-operated laundry adds extra income. Parking lot with permanent easement provides ample off-street parking. Turnkey investment with strong rental history and no major updates needed. Seller is a licensed NH realtor.

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Multi-Family Contingent

Price

$ 775,000

Bedrooms

10

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

0.1

Year Built

1900

Town/City

Laconia

County/Region

Belknap

MLS | Web ID

5064532

Features
Interior
Basement Description Concrete Floor
Basement Yes
Flooring Laminate Vinyl Plank
Total Number of Units 6
Unit 4 Bedrooms 2
Total Full Baths 6
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General
Road Frontage TBD
Sewer Public
Heating Natural Gas Mini Split
Cooling Mini Split
Utilities Cable
Roof Architectural Shingle
Appliances Natural Gas Water Heater
Garage No
Flood Zone No
Zoning RG
Year Built 1900
Electric Circuit Breaker(s)
Style Multi-Family
Stories Count 3
Construction Status Existing
Block 452
Auction No
Tax Year 2024
Status Detail 1
Covenants No
Construction Materials Vinyl Exterior
City Laconia
Seasonal No
DOM 23
Price Per Sq Ft Total AG 247.45
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Exterior
Lot Features Level
Driveway Dirt
Lot Size Area 0.1
Water Source Public
Parking Features Deeded Parking Spaces 5 - 10
Foundation Fieldstone
Lot 86
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* Excluded Features
List By
Ian Handel

Listing Agent

Ian Handel Real Estate

Broker

ihrealtyservice@gmail.com

Email

Affordability Calculator

$4,835
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Monthly Principal & Interest
$4,835
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$775,000 Listed Price

Map


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18-20 Cleveland Place, Laconia, NH, 03246 is a Multi-Family Home for sale at $775,000 with 3,132 sqft and a lot size of 0.1. 18-20 Cleveland Place has 10 bedrooms, 6.0 baths, and was built in 1900. The property's zip code is 03246 which is in Laconia, NH