Prime Investment Opportunity Near North Conway Positioned on highly visible White Mountain Highway in the heart of the Mount Washington Valley, this income-producing investment property offers a compelling combination of immediate cash flow, expansion potential, and long-term value appreciation. Located just minutes from North Conway's shopping, dining, skiing, hiking, and year-round attractions, the property is ideally situated in one of New Hampshire's strongest tourism and rental markets. The property currently features three occupied residential living spaces, including a 5-bedroom, 2.5-bath residence, a 2-bedroom, 1-bath apartment, and a 3-bedroom, 2-bath residence, providing established income from day one. An on-site owner's living space offers additional flexibility for owner occupancy, property management, or supplemental rental income. Significant value-add potential exists through two additional unfinished 2-bedroom, 1.5-bath living spaces, one of which already has interior framing in place. Completion of these spaces presents an opportunity to further increase rental income and overall property value. The property has been well maintained and benefits from several capital improvements, including a durable metal roof, in-unit washer and dryer facilities, a fire suppression system, public water and sewer service, ample on-site parking, and a full basement providing valuable storage space for tenants and owners alike. Its versatile configuration and strategic location make it well suited for a variety of investment objectives. Whether you're seeking an income-producing asset with immediate cash flow or a property with future upside potential, this offering delivers both. Rarely does an opportunity combine current income, expansion potential, and proximity to North Conway's thriving commercial and recreational amenities. Investors seeking both immediate returns and long-term growth will find exceptional value in this unique Mount Washington Valley offering.
Sale Includes : Land/Building
Construction: Wood Frame | Vinyl Siding
Year Built: 1950
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5500
Above Grade Sq.Ft.: 3200
Basement: Concrete
Roof: Asphalt Shingle
Seasonal: No
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable at Site
Electric Meters:
Water: Public
Sewer: Private Available
Land Information
Level
Lot size: 0.86 acres
Zoned: HC)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 100
Driveway: Paved