720 Kearsarge Rd, Conway

$1,195,000

0 Beds
0 Baths
7,800 Sqft
.61 Acres
0 Garages

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.

Antonella Bliss, Coldwell Banker LIFESTYLES- Conway.

Essential Information
MLS® #4751841
Price$1,195,000
Bathrooms0.00
Square Footage7,800
Acres0.61
Year Built1773
TypeMulti-Family
Sub-TypeMulti-Family
StyleOther
StatusActive
Community Information
Address720 Kearsarge Rd
AreaConway
SubdivisionNorth Conway
CityConway
CountyCarroll
StateNew Hampshire
Zip Code03860
Amenities
UtilitiesOther
Interior
HeatingSteam
CoolingIndividual
# of Stories3
Stories3
Exterior
ExteriorWood
Exterior FeaturesPorch - Covered
Lot DescriptionCity Lot, Level
RoofOther
ConstructionWood Frame
FoundationOther
Additional Information
Date ListedMay 13th, 2019
Days on Market285
ZoningResidential
Listing Details
AgentAntonella Bliss
Office

Coldwell Banker LIFESTYLES- Conway

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Listing information last updated on February 23rd, 2020 at 8:37am EST.