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32 Summer Street, Laconia, NH 03246

Beds
4
Baths
2
Sqft
3,350
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKW Coastal and Lakes & Mountains Realty/Wolfeboro
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Overview

Secure your foothold in the Lakes Region rental market with this 2-unit duplex at 32 Summer Street in Laconia, New Hampshire. This 4-bedroom, 2-bathroom multi-family property with approximately 2,088 square feet is ideal for 1031 exchange buyers, house hacking strategies, and portfolio builders seeking cash flow in the New Hampshire investment market. The second-floor unit delivers immediate rental income with fully renovated interiors including new flooring, modern fixtures, and contemporary finishes that attract quality tenants and command top-of-market rents. The ground-floor unit features an open-concept layout and represents a high-return value-add opportunity requiring only cosmetic updates—flooring and paint—to maximize rental income and build instant equity. This duplex is built for low landlord overhead with separate utilities for each unit, minimizing operating expenses and simplifying property management. Located in walkable downtown Laconia within minutes of Lake Winnipesaukee, the property benefits from strong year-round rental demand driven by proximity to shops, restaurants, employers, and outdoor recreation. Laconia residents receive exclusive access to Bond Beach, a private town beach that serves as a major tenant attraction and reduces vacancy risk. Priced to deliver immediate cash flow with minimal capital expenditure required, this property offers a proven path to rental income, forced appreciation, and long-term wealth building in New Hampshire's Lakes.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Number of bedrooms
4
Number of bathrooms
2
Square feet
3,350
Lot size (acres)
0.19
Year built
1880

Interior features

Basement
Yes

Garage and parking

Garage parking spaces
1

Utilities

Heating
Oil, Baseboard
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$4,087

Public schools

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Sourced from: PrimeMLS MLS®#: 5061673 Last checked:

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