Multi-Family for Sale: 18-20 Cleveland Place, Laconia, NH 03246

10 beds
6 full baths
3,132 sqft
$775,000
$775,000
18-20 Cleveland Place, Laconia, NH 03246
10 beds
6 full baths
3,132 sqft
$775,000
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Price:
$775,000

Type Multi-Family
Style Multi-Family
Beds 10
Baths 6 full baths
Square Feet 3,132 sqft
Lot Size 0.10 acres
Year Built 1900
Taxes Paid $6,643

City Laconia
County Belknap

MLS 5064532
Status Active Under Contract
DOM 42 days
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.

Lot & Building Features

Appliances Natural Gas Water Heater
Utilities Cable
Construction Vinyl Exterior
Cooling Mini Split
Heating Mini Split, Natural Gas
Parking Description Deeded, Parking Spaces 5 - 10
Sewer Public
Tax Year 2024
Taxes Paid $6,643
Water Public
Basement Description Concrete Floor
Foundation Fieldstone
Lot Description Level
Roof Architectural Shingle
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Month to Month
Unit 1 Rental Amount 1600.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Tenant Pays Cooling, Heat, Electric
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Month to Month
Unit 2 Rental Amount 1600.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Tenant Pays Cooling, Heat, Electric
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Month to Month
Unit 3 Rental Amount 1600.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Tenant Pays Cooling, Heat, Electric
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Lease Term Month to Month
Unit 4 Rental Amount 1600.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Tenant Pays Cooling, Heat, Electric
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Lease Term Month to Month
Unit 5 Rental Amount 1000.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Tenant Pays Electric, Heat
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Lease Term Month to Month
Unit 6 Rental Amount 1218.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Tenant Pays Electric, Heat

Price History of 18-20 Cleveland Place

Date Name Price Difference
10/06/2025 Listing Price $775,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 18-20 Cleveland Place, Laconia, NH

Location Map Street View
Listed by Ian Handel Real Estate, Ian Handel
Photo of Jennifer Eacho
Direct: 603-303-3418
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
$
20%
0.85716129032258%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

18-20 Cleveland Place (MLS #5064532) is a multi-family multi-family listing located in Laconia, NH. This multi-family listing is 3,132 sqft and on a lot of 4,356 sqft (or 0.10 acres) with 10 bedrooms, 6 baths and is 125 years old. This property was listed on 10/06/2025 and has been priced for sale at $775,000.

Nearby zip codes are 03220, 03246 0000, 03247, 03249 0000 and 03249. This property neighbors other cities such as Belmont, Gilford, Meredith, Sanbornton and Tilton.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Ian Handel Real Estate

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/18/2025