379 White Mountain Highway Conway, NH SOLD
$705,000
Square Footage 3,200
Acres 0.86
Contact Us
Sold By
Lobin Frizzell, KW Coastal and Lakes & Mountains Realty/MeredithDescription
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.
Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Lobin Frizzell & Christopher McNevich 603-569-4663
Sold by KW Coastal and Lakes & Mountains Realty/Meredith, Lobin Frizzell 603-569-4663
Details
MLS 5097661
Price $705,000
Status Closed
DOM 77 days
Type Multi-Family
Style Multi-Family
Square Feet 3,200 sqft
Lot Size 0.86 acres
Year Built 1950
Lot & Building Features
Utilities Cable at Site
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Oil, Hot Water, Baseboard
Sewer Private Available
Tax Year 2025
Water Public
Basement Description Concrete
Foundation Concrete Slab, Concrete
Lot Description Level
Roof Asphalt Shingle
Garage No
Schools
Elementary School Pine Tree Elem
Junior High School A. Crosby Kennett Middle Sch
Senior High School A. Crosby Kennett Sr. High

