LACONIA — Messer Street has begun to undergo a facelift as a pair of investors have followed in the footsteps of Harry Bean by purchasing and rehabilitating residential properties on the busy thoroughfare.
Bull Fish Investments, LLC, a partnership of Matthew Bull and Ron Haddock, have acquired two older homes, one at 95 Messer Street and the other at 101 Messer Street, which they are in the process of rehabilitating for sale. Two years ago Harry Bean bought and rehabbed the home at 94 Messer Street, which was sold in 2013 for $175,000.
Bull said that work at 101 Messer Street, a one and three-quarter story single-family home built in 1902, is virtually complete. He said that the entire interior of the building was removed and remodeled with new plumbing, electrical and heating systems and a full upper story was added to the building. "It's a brand new home brought back to its old glory," he said. Bull expected to finish the rehabilitation of 95 Messer Street, which currently consists of three rental units in the spring.
Bull, who has also acquired similar properties in Franklin and Ashland, said that the work on Messer Street attracted attention of passersby who were pleased by the improvements to homes in the neighborhood. Bull remarked that because the street serves as a leg of the Winnisquam-Opechee-Winnipesaukee (WOW) Trail, he thought the facelift would be especially welcome.
Bull said that he and his partner intend to focus on properties in Laconia, Gilford and Belmont, adding that the abundance of older single-family homes and multi-family dwellings in the city offered abundant opportunities for acquisition and rehabilitation.
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