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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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3465 White Mountain Hwy , Conway, NH 03860
$1,475,000
Est. Payment: $3,277.78/mo
0 Bed
0 Bath
4162 Sqft
Status: Active Under Contract | Days on site: 8
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2417 - 614988
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House Description

The VALE APARTMENTS is a luxury rental property in an ideal location on Route 16 in North Conway with views to Mount Washington and the Moat Mountain Range. Four years ago the current owners transformed the property into 7 long-term rental apartments including a 1BR accessible ADA unit, 5 additional one bedroom units, and one 2 bedroom unit, all beautifully appointed and meticulously upgraded. Some special features include Brazilian Cherry, Luxury Vinyl Plank, and pine floors, brick & granite walls in some units, and a piece of the 4” granite bar sourced from the former onsite Tavern. Other great features include open living spaces with efficient mini splits for heat & AC, LED lights, contemporary kitchens, ceiling fans with remotes, custom window blinds and keyless entries. Rented to full-time and second home tenants who enjoy the large roof top deck overlooking the mountains on both sides, plenty of off street parking in a well-lit paved parking lot, the fenced in dog run, lighted common areas, storage rooms and coin-op w/d in the basement. Building is fully sprinklered, and apartments alarmed individually. An exceptional investment property or a vacation home for you that pays for itself! 48 hours notice required for all showings. Buyer to confirm all information, measures are approximate. Broker Interest. Seller Financing to qualified buyers.

Highlights

Listed by Kimberly Clarke , 603-986-0840 KW Coastal and Lakes & Mountains Realty/N Conway , 603-730-5683.

Property Type

Commercial Sale

Lot/Acreage
0.82

Year Built

1840

County

Carroll

Listing ID

5100159

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Mini Split
Fireplaces:
Basement:Yes,Concrete Floor,Interior Stairs,Assigned Storage,Locked Storage,Exterior Access

Exterior Features

Lot:In Town,Near Paths,Near Shopping,Near Skiing,Major Road Frontage,Mountain View,Near Hospital
Zoning:HC
Roof:Shingle
Sewer:Public
Parking Features:On-Site,Parking Spaces 11 - 20,Paved,Unassigned
Principal Interest
$3,278
Taxes
$800

Home Price

$1,475,000

Loan Details

30 yrs
%

Down Payment

20%
$295,000
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Monthly Price:
$3,277.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,277.78 $799.50 $0.00 $4,077.28
Yearly $39,333.33 $9,594.00 $0.00 $48,927.33
Total $1,180,000.00 $287,820.00 $0.00 $1,467,820.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Conway, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.