Conway, NH 03847,720 Kearsarge Road
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Conway, NH 03847,720 Kearsarge Road
Conway, NH 03847,720 Kearsarge Road
Conway, NH 03847,720 Kearsarge Road
Conway, NH 03847,720 Kearsarge Road

$980,000

Est. payment /mo

$1,045,000

6.2%
Est.Price: ?

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720 Kearsarge Road Conway, NH 03847

17 Beds

17 Baths

9,870 SqFt

SOLD DATE : 11/17/2021

Key Details

Sold Price $980,000

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Sold

Purchase Type For Sale

Square Footage 9,870 sqft

Price per Sqft $99

MLS Listing ID 72875403

Sold Date 11/17/21

Bedrooms 17

Full Baths 17

Year Built 1773

Annual Tax Amount $14,088

Tax Year 2021

Property Description

EXCELLENT CASH FLOW AND INCOME on this very profitable, high income producing, 17-unit, inn style residential housing complex. Exceptional location just outside North Conway Village, New Hampshire. Property was operated as a successful Inn for many years but current owner is going on 4 years operating as a full-time residential housing complex. Highly competent, live on site, professional property & maintenance manager make it easy to own! Over the years, owner has made many improvements, streamlined operations and expenses, mastered the leasing and cash flow aspects of this investment, and driven rents up! Above grade, full time tenancy and an ongoing area housing shortage are a BIG plus! This is a financially successful, turn key operation. On site apartment for owners vacation or full-time lodging needs! Qualified buyers only please! Owner is retiring.

Location

State NH

County Carroll

Zoning RA

Direction at North Conway Village, NH follow Kearsarge Road 0.7 miles to 720 Kearsarge Road.

Rooms

Basement Full

Interior

Fireplaces Number 7

Appliance Electric Water Heater

Exterior

Waterfront false

View Y/N Yes

View Scenic View(s)

Total Parking Spaces 35

Garage No

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

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Listed by Michael S. Trabulsie
Bought with Michael Trabulsie • Michael S. Trabulsie

Matthew Innis

Agent | License ID: 9521047

+1(508) 572-8335

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