Laconia, NH

45 Joliet Street

$419,000

MLS# 5057586

303 days on market
The Listing

A 1890s multi-family home in Laconia.

Bedrooms
Baths
2,419
Sq Ft
0.1
Acres

Investment Summary

Units
2
Multi-Family
Price / Unit
$209,500
Tax / Unit
$2,235.32/yr
$4,470.64 total
Cap Rate
9.3%
NOI / Price
GRM
8.8x
Gross Rent Multiplier
Gross Income
$47,400/yr
NOI
$39,142/yr
Zoning: RG

Interested in this investment property?

Contact us for full financials, rental history, and a personalized investment analysis.

Request full details →

Description

Fully rented at $3950 per month, with tenants paying utilities, this coveted side-by-side duplex is the perfect investment for the seasoned or new investor. Many update many including full paint throughout the interior and exterior, electrical, refinished hardwood floors, and more. With three levels of living and large basement for storage & laundry, the apartments are desirable rentals.

Features

Heating

Forced Air

Cooling

None

Request Information

Interested in this property? One of our agents will follow up with you directly.

Financial

Annual Taxes
$4,471

Location

Listing History

This property was listed at $469,000 on Aug 20, 2025. The price has been reduced by $50,000 from the original $469,000. It has been on the market for 303 days.

Multi-Family · NH-Belknap County · Listed Aug 20, 2025

About Laconia, NH

Laconia is the largest city in the Lakes Region, offering a mix of urban amenities and lakefront living. Weirs Beach, the region's most famous beach, is within city limits. Home to Motorcycle Week (the oldest rally in the US) and a revitalizing downtown with craft breweries and restaurants.

Weirs Beach boardwalk & arcades
Laconia Motorcycle Week (est. 1916)
WinnAero aviation education at airport
Opechee Park & beach
Lakes Region General Hospital
Drive-in movie theater at Weirs
County: Belknap
Population: ~17,000
Schools: Laconia (SAU 30)

Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.

Other Active Listings on Lake Winnipesaukee

AddressPrice
51 Elm Street$519,950
51 Elm Street$519,950
288 Hounsell Avenue$519,900
297 Liberty Hill Road$519,900
37 Larry Drive$510,000
288 Hounsell Avenue$509,900

Active listings within 25% of this price. Browse all for-sale.

Recently Sold in Laconia

AddressSold PriceSold
21 Mistwood Lane$480,000Jun 18, 2026
256 Pine Street$349,000Jun 18, 2026
83 Lafayette Street$277,000Jun 18, 2026
388 Elm Street$480,000Jun 16, 2026
23 Rose Point$1,310,000Jun 15, 2026
30 Messer Street$429,000Jun 15, 2026

Closed sales in the past 12 months. Data from PrimeMLS.

$419,000

Active Listing

Sq Ft2,419
$/Sq Ft$173
Lot0.15 acres
Built1890
Vacation Rentals

Experience the Area First

Rent a lakefront property nearby for a week or more

Listing courtesy of Waterfield Realty & Management LLC · Pamela Hughes · 781-777-3259
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

PrimeMLS Listing Information displayed herein is deemed reliable but is not guaranteed accurate by PrimeMLS. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. © PrimeMLS, Inc.

Listing brokers may report inaccurate data to info@winnire.com or call (603) 569-1000.