720 Kearsarge Road

    Conway, NH 03860
    • $1,195,000
    • STATUS: Active
    • MLS #: 72502411
    $1,195,000
    • 17
      BEDS
    • 0.61
      ACRES
    • 17
      BATHS
    • 0
      1/2 BATHS
    • 9,870
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1773
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Michael Trabulsie of Michael S. Trabulsie.

    Description

    Magnificent North Conway New Hampshire residential housing complex with 17 inn-style rooms with private bathrooms, plus owners' quarters. All tenants also enjoy the shared use of a spacious kitchen, a large living room, a beautiful dining room and coin operated laundry facilities. 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 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! The owners changed the business model from an Inn/Bed and Breakfast to a housing complex and built a thriving full time residential housing business with leased tenants.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-09-21T07:11:14.073.
    www.coastalnewenglandproperties.com/homes/94920263

    720 Kearsarge Road Conway, NH 03860

    • Price: $1,195,000
    • Status: Active
    • MLS #: 72502411
    17
    Beds
    17
    Baths
    0
    ½ Baths
    0.61
    Acres
    9,870
    SQFT
    $121
    $/SQFT
    1773
    Built
    Neighborhood:
    North Conway
    County:
    Carroll
    Area:
    North Conway
    Property Description
    Magnificent North Conway New Hampshire residential housing complex with 17 inn-style rooms with private bathrooms, plus owners' quarters. All tenants also enjoy the shared use of a spacious kitchen, a large living room, a beautiful dining room and coin operated laundry facilities. 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 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! The owners changed the business model from an Inn/Bed and Breakfast to a housing complex and built a thriving full time residential housing business with leased tenants.
    Exterior Features

    Beachfront No Color Yellow Construction Stone/Concrete Exterior ClapboardShinglesWood Exterior Features PorchPatio Foundation Fieldstone Garage Spaces 0 Lot Description LevelScenic View(S) Parking Features Off-Street Parking Spaces 35 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Appliances Common RangeMicrowaveRefrigeratorWasherDryer Basement Yes Basement Features FullCrawl Bedrooms Unit1 1 Bedrooms Unit2 1 Cooling Common Window Ac Cooling Units 0 Cooling Zones 0 Energy Features Storm Windows Fireplaces 7 Fireplaces Unit1 1 Fireplaces Unit2 0 Flooring TileWall To Wall CarpetHardwood Floors Unit1 1 Floors Unit2 1 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heat Units 1 Heat Zones 1 Heating Common Electric BaseboardSteamOilGas Hot Water Electric Interior Features Common Fireplace - Propane GasHardwood FloorsHigh Speed Internet Hookup Levels 3 Levels Unit1 1 Levels Unit2 1 Rooms 2 Rooms Common Living RoomDining Room Rooms Unit1 1 Rooms Unit2 1

    Property Features

    Apod Available Yes Assessments 666700.00 Disclosure No Electric Features 220 VoltsCircuit Breakers200 Amps Gross Operating Income 31200 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 5+ Family - Rooming House Net Operating Income 31200 Rent Unit1 1300 Rent Unit2 1300 Sewer City/Town SewerPrivate Sewerage Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2018 Taxes 14637.00 Utility Connections For Electric RangeFor Electric OvenFor Electric DryerWasher Hookup Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning Ra

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Michael Trabulsie of Michael S. Trabulsie.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-09-21T07:11:14.073.
     
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    Listing courtesy of Michael Trabulsie of Michael S. Trabulsie.