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18-20 Cleveland Place, 
Laconia, NH 03246

$775,000


10

Beds


6

Baths


3,132

Sq Ft


Multi-Family

Active

Listed by

Ian Handel

Ian Handel Real Estate

603-560-2214

Last updated:

October 7, 2025, 04:41 PM

MLS#

5064532

Source:

PrimeMLS

About This Home

18-20 Cleveland Place

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. Group showing begin Friday, Oct. 10 at 1 PM.

Home Facts

Multi-Family

6 Baths

10 Bedrooms

Built in 1900

Price Summary

775,000

$247 per Sq. Ft.

MLS #:

5064532

Last Updated:

October 7, 2025, 04:41 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,132 Sq. Ft.


Structure

Structure

Building Area:

4,866 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$247 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 9, 2025
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18-20 Cleveland Place
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Fri, Oct 10
01:00 PM02:00 PM

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