List Price: $399,900 | $254 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units Under Contract
Listed Wednesday Feb 4, 2026 | MLS# 5075641
166 Gilford Avenue Laconia NH
Listed by Shawna Phillips REAL Broker NH, LLC
**First floor unit is now vacant, making this available for owner-occupancy** Located in the heart of Laconia, this well-positioned multi-family offers an ideal combination of location, functionality, and long-term potential. Less than five minutes from downtown Laconia and under fifteen minutes to the shores of Weirs Beach, the property provides easy access to shopping, dining, entertainment, and everything the Lakes Region has to offer, an area that continues to support strong rental demand. The property features two spacious units, including a well-sized 2-bedroom unit and a comfortable 1-bedroom unit, each with a full bathroom and functional layouts that maximize space and livability. Both units offer abundant natural light, have been well maintained, and feature tasteful updates that enhance overall appeal while remaining easy to maintain and attractive to tenants. A full basement provides ample storage, while the detached barn adds additional value with an upper level that may be finished for future use or utilized for expanded storage. Outside, the property offers a pleasant yard and ample off-street parking for multiple vehicles, an increasingly valuable feature in this central location. Whether you're looking to purchase your first investment, owner occupy, expanding an existing portfolio or seeking a well-located income-producing property, this Laconia multi-family presents a solid opportunity in a high-demand Lakes Region market.
Annual Expenses

Taxes: $3,977
Income
Appliances : Water Heater

UNIT 1

Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 897
Level: 1
Rent : 2200.00 Monthly
Lease Term : Annual
Signed Lease : No
Status : Vacant

UNIT 2

Beds: 1
Baths: 1
Rooms: 0
Sq.Ft.: 715
Level: 2
Rent : 1600.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Construction: Wood Frame
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2571
Above Grade Sq.Ft.: 1576
Basement: Concrete | Full | Interior Stairs | Walkout | Interior Access | Exterior Access | Basement Stairs
Exterior Color: Yellow
Roof: Shingle
Seasonal: No
Heating: Oil | Steam
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 1
Water: Public
Sewer: Public
Land Information
Corner | Curbing | Landscaped | Level
Lot size: 0.22 acres
Zoned: RS)
Surveyed: Unk
Flood Zone: No
Driveway: Paved


Easement - Unknown
Block - 88
Taxes $3,977
Assesed Value Not Reported
Schools
School District: Laconia Sch Dst SAU #30

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