$980,000
$1,045,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Michael Trabulsie • Michael S. Trabulsie
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "