Listing Provided Courtesy Of:
Antonella Bliss with Coldwell Banker LIFESTYLES- Conway.
Address
720 Kearsarge Road Conway, NH
Price
$ 1,045,000
Property Attributes
  • MLS#4751841
  • TypeMulti-Family
  • CountyCARROLL
  • CityConway
  • AreaCarroll
  • Zip03860
  • Style
  • Year Built1773
  • Taxes$ 14592
  • Price$ 1,045,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7800
  • Lot Size0.61 Acres
Listing Provided Courtesy Of:
Antonella Bliss with Coldwell Banker LIFESTYLES- Conway.
Data Source:
New England Real Estate Network
Property Description

Here is an opportunity to live a dream that many have, and few realize! Own and operate this magnificent North Conway, New Hampshire residential housing complex, featuring 17 inn-style rooms with private bathrooms, plus owners’ quarters. The tenants also enjoy the shared use of a spacious kitchen, a large living room, a beautiful dining room, and the coin operated laundry. Expansion potential may be available. North Conway NH has a strong 4 season labor force, and there is a shortage of quality housing in this region! The current owners have recently done an extensive and very expensive renovation project. Starting from the foundation they have rebuilt the exterior front porch; a new roof was installed in 2015; several areas of the building were gutted and rebuilt; many electrical, plumbing and heating improvements and upgrades were completed; many areas were painted and new flooring installed -- these are just a few of the improvements! The owners changed the business model from an Inn/Bed and Breakfast to a housing complex, and built a thriving residential housing business with full-time leased tenants! Realize your dream of living and working in the White Mountains of NH. This turnkey operation has a full-time, live-in property / maintenance manager. The property could also be easily converted back to an Inn/Bed and Breakfast; or operate a hybrid. Owner has solid financials which are available on request to a qualified buyer.

Price History
5/15/2019 Listed $1,195,000
5/20/2020 5% - $1,145,000
5/6/2021 9% - $1,045,000

General Features

Basement Yes
Construction Wood Frame
Construction Status Existing
Cooling Individual
Electric Circuit Breaker(s)
Exterior Features Porch - Covered
Flood Zone Unknown
Garage No
Heating Steam
Listing Area NH-Carroll
Price Per Sq Ft 133.97
Road Frontage Yes
Roof Other
Sewer Private
Status Active
Stories 3
Style Other
Tax Year 2020
Type Multi-Family
Utilities Other
Village/dist/locale North Conway
Water Public
Water Heater Electric
Year Built 1773
Zoning Residential

Interior Features

Basement Access Type Interior
Basement Description Unfinished
Heating Fuel Oil
Sqft-apx Fin Above Grade 7800
Sqft-apx Total 7800
Sqft-apx Total Finished 7800
Total 1 Br Units 17
Total Number of Units 17

Exterior Features

Driveway Crushed Stone
Exterior Wood
Foundation Other
Lot 102
Lot Description City Lot, Level
Lot Size Area 0.61
Road Frontage Length 125
Roads Paved, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 03860

Statistics provided by Inside Real Estate

Price
AVG $1.05M
$1.05M
Taxes
AVG $14,592
$14,592
Visits
AVG 139
138
Year Built
AVG 1773
1773

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.