Under Contract
Laconia, NH
24 Baldwin Street
$675,000
MLS# 5076474
66 days on market
The Listing
A multi-family home in Laconia.
—
Bedrooms
—
Baths
5,049
Sq Ft
0.1
Acres
Investment Summary
Units
5
Multi-Family
Price / Unit
$135,000
Cap Rate
10.9%
NOI / Price
GRM
6.9x
Gross Rent Multiplier
Gross Income
$97,800/yr
NOI
$73,323.05/yr
Zoning: Residental
Interested in this investment property?
Contact us for full financials, rental history, and a personalized investment analysis.
Request full details →Description
This Multi Family property is situated in the desirable Lakes Region area. The property comprises five units, two of which have been renovated.
The remaining units consist of two two-bedrooms and two Three-bedroom configurations. This property offers convenient pedestrian access to a vibrant downtown area, featuring entertainment venues, retail, ski resorts, local beaches, and picturesque mountains and lakes. This property can be sold as part of a portfolio sale comprising 51 units in Laconia, or by itself.
24 hour notice to show.
Features
Heating
Gas Heater
Cooling
None
Location
Sale History
| Date | Sale Price |
|---|---|
| Jun 7, 2024 | $530,000 |
| Jun 8, 2022 | $479,900 |
| Jun 7, 2019 | $321,000 |
Multi-Family · NH-Belknap County · Listed Feb 12, 2026
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
Airports
Ski Resorts
Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.
Recently Sold in Laconia
| Address | Sold Price | Sold |
|---|---|---|
| 22 Belknap Street | $350,000 | Apr 17, 2026 |
| 131 Sheridan Street | $390,000 | Apr 17, 2026 |
| 728 Scenic Road | $139,000 | Apr 17, 2026 |
| 8 Deadreckoning Point | $1,375,000 | Apr 15, 2026 |
| 59 Nestledown Drive | $522,000 | Apr 15, 2026 |
| 51 Academy Street | $650,000 | Apr 10, 2026 |
Closed sales in the past 12 months. Data from PrimeMLS.
Listing Information
Pamela Hughes
Waterfield Realty & Management LLC
781-777-3259
$675,000
Under Contract
Sq Ft5,049
$/Sq Ft$134
Lot0.14 acres
Built1880
Listing courtesy of Waterfield Realty & Management LLC · Pamela Hughes · 781-777-3259
PrimeMLS
Listing information provided by PrimeMLS for personal, non-commercial use. Data deemed reliable but not guaranteed. © 2026 PrimeMLS, Inc.