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720 Kearsarge Road

Conway, NH 03860
  • $1,045,000
  • STATUS: Active
  • ON SITE: 807 days
  • MLS #: 4751314
UPDATED: 39 min ago
$1,045,000
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,800
    SQFT
  • $134
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1773
County:
Area:

School Ratings & Info

Courtesy of Antonella Bliss of Coldwell Banker Lifestyles- Conway.

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 a 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 completed 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.

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© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-07-29T08:05:41.393.
www.lajoiehometeam.com/homes/94733809
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720 Kearsarge Road Conway, NH 03860

  • Price: $1,045,000
  • Status: Active
  • Updated: 39 min ago
  • MLS #: 4751314
0
Beds
0
Baths
0
½ Baths
0.61
Acres
7,800
SQFT
$134
$/SQFT
1773
Built
Neighborhood:
Conway
County:
Carroll
Area:
Conway
Property 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 a 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 completed 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.
Exterior Features

Exterior Wood Lot Description Country SettingLevel Parking Parking Spaces 11 - 20 Road Frontage Yes Road Frontage Length 125 Transport Access City StreetPaved

Interior Features

Basement Yes Basement Access Type Interior Basement Description Unfinished Equipment Smoke Detectr-Hard WiredSprinkler System Heating Steam Sq Ft Total Building 7800 Sq Ft Total Source Municipal

Property Features

Commercial Features Fire SystemFurniture IncludedSmoke/Heat Detectors Heat Fuel Oil Pre Construction No Sale Includes Land/Building/Business Sewer Private Sprinkler Wet Sub Property Type Hospitality Sub Property Type Use Business W/ Real EstateLodging Submarket Conway/North Conway Tax Gross Amount 14592 Tax Year 2020 Taxes Tbd No Utilities Other Village District Locale North Conway Water Public Zoning Residential

Courtesy of Antonella Bliss of Coldwell Banker Lifestyles- Conway.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-07-29T08:05:41.393.
 
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Lajoie Home Team at Keller Williams Gateway Realty
20 Trafalgar Sq. #101
Nashua NH, 03063
Courtesy of Antonella Bliss of Coldwell Banker Lifestyles- Conway.