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Dianne Lucciano-Girard
Broker / Owner
Right Realty Group

38 Main Street Meredith, NH 03253

Phone: 603-279-5955

Fax: 888-614-9795

Email Me

Thomas Girard

                                    REALTOR®                                        

 Cell: 978-835-4688 / Office: 603-279-5955

                     tom@RightRealtyNH.com                      

 

 

 

 

 

 

 

 

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Listing 8 out of 102
$1,195,000 For Sale

720 Kearsarge Road
Conway, NH 03860

17 units | Multi Family Home
0.61 acres - MLS# 4751841 Courtesy of Coldwell Banker Wright Realty, Antonella Bliss
Property Photo
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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 with 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, 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.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Carroll County
  • Zip Code: 03860
  • Sq.Ft.: 7,800 sq ft
  • Stories: 3
  • Units: 17 units
  • Basement: Unfinished, Interior, Yes
  • Lot Size: 0.61 acres
  • Zoning: Residential
  • Construction: Wood Frame
  • Construction Status: Existing
  • Cooling: Individual
  • Delayed Showing: No
  • Driveway: Crushed Stone
  • Electric: Circuit Breaker(S)
  • Exterior: Wood
  • Features - Exterior: Porch - Covered
  • Heat Fuel: Oil
  • Heating: Steam
  • Lot - Sqft: 26572
  • Lot Description: City Lot, Level
  • Property Panorama VT URL: https://tour.neren.com/720-Kearsarge-Road-Conway-NH-03860--4751841/unbranded
  • Road Frontage: Yes
  • Road Frontage Size: 125
  • Roads: Paved, Public
  • Sewer: Private
  • Sqft-Apx Fin Above Grade: 7800
  • Sqft-Apx Fin Ag Source: Municipal
  • Sqft-Apx Fin Bg Source: Municipal
  • Sqft-Apx Total: 7800
  • Sqft-Apx Unfn Ag Source: Municipal
  • Sqft-Apx Unfn Bg Source: Municipal
  • Tax - Gross Amount: 15168
  • Tax Year: 2018
  • Total 1 Br Units: 17
  • Village/Dist/Locale: North Conway
  • Water: Public
  • Water Heater: Electric
Courtesy of Coldwell Banker Wright Realty, Antonella Bliss
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