14 Summer Street

Description

Explosive multi-family cash-flow asset in Laconia. Features a 2-bed/1-bath unit and two 1-bed/1-bath units. The crown jewel is the massive oversized garage footprint, featuring two integrated offices, a half bathroom, and vast storage space. With 8 dedicated parking spaces, neighboring multi-units, and a severe need for local housing, buyers are strongly encouraged to consult the Laconia Zoning Dept regarding the high probability of a 4th residential unit conversion! (With most physical prep work already done, we were told from the zoning department that there is a high likelihood of approval). Operating with premium Pro Forma rent potential, this is a dominant asset with immediate upside. Building is on a lockbox; easy showings for empty units. Full walkthrough upon accepted offer. Includes both an oil furnace and whole house pellet heating system. Massive potential for either garage and office rental, contractor personal use, or 4th unit conversion!