$600,000
815 West Side Road
Conway
Listing Courtesy of
Kimberly Clarke
KW Coastal and Lakes & Mountains Realty/N Conway - 603-730-5683
815 West Side Road, Conway NH 03818
Great location for this 4 unit building with a strong rental history just 5 miles to North Conway Village. First floor Apt 2 is updated with vinyl plank floors, stainless appliances, custom cabinets and in unit washer/dryer. Apt 1, also on the 1st floor, is the largest, with an eat-in kitchen, living room, 2 bedrooms and a full bath. There is a lock out door to another bath, not currently plumbed, which leads to the attached garage which could be upgraded by a future owner. The garage is currently rented separately to a tenant who stores 2 small cars. Upstairs, via a separate entrance from the covered porch, are apartments 3 and 4, both 1 bedroom units, with a common hall. All apartments have separate entrances and exits, including a second exit via back stairs from the 2nd floor to a small covered deck. The parking lot is enormous; vehicles can park on either side of the building. A big plus is the basement, accessed currently via bulkhead, it also has inside stairs from the garage, incredible ceiling height and would make a terrific workshop. A raised entry would add storage income potential. Three of the tenants have been here 10+ years. They enjoy gardening, the great location and the larger floor plans that each unit enjoys. Rents are below market but sufficient to service debt with a positive cash flow. Seller financing possible to qualified buyer with 30% down, 5.5% interest, amortized over 25 years, with a 10 year balloon. Showings by appointment only.
Listing Courtesy of
Kimberly Clarke
KW Coastal and Lakes & Mountains Realty/N Conway - 603-730-5683
DETAILS
- Listing Id5000717
- StatusActive
- TypeMulti-Family
- Year Built1940
- AppliancesWater Heater – On Demand, Water Heater – Separate
- Area DescriptionRural
- BasementYes
- Basement Access TypeWalkout
- Basement DescriptionBulkhead, Concrete, Concrete Floor, Stairs - Exterior, Storage Space, Unfinished
- Cable CompanySpectrum
- ColorTan
- Construction StatusExisting
- CoolingNone
- DrivewayDirt,Gravel
- ElectricCircuit Breaker(s)
- Electric CompanyEversource
- Exterior FeaturesDeck, Porch - Covered
- Flood ZoneUnknown
- FlooringCarpet, Hardwood, Vinyl, Wood
- FoundationBlock,Concrete
- Fuel CompanyEastern Propane
- GarageYes
- Garage Capacity1
- Heat FuelElectric,Gas - LP/Bottle
- HeatingElectric,Hot Water
- Pre-ConstructionNo
- Road FrontageYes
- Road Frontage Length920
- RoadsPaved, Public
- RoofMetal, Shingle - Asphalt
- Sewer1000 Gallon,On-Site Septic Exists,Private
- Total Stories2
- UtilitiesCable - At Site, Gas - LP/Bottle
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Copyright 2024 PrimeMLS, 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 PrimeMLS. 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 7/9/2024