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Adam Dow

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

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720 Kearsarge Rd , Conway, NH 03860
$1,200,000
Est. Payment: $2,666.67/mo
0 Bed
0 Bath
7800 Sqft
Status: Active | Days on site: 146
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2417 - 613161,613798
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House Description

PRICE IMPROVEMENT! Located along Kearsarge Road in North Conway, the historic Isaac Merrill House offers a rare blend of Mount Washington Valley history, income potential, and future opportunity. Originally established in 1773 and long operated as a well-known bed & breakfast, the property is currently configured as a 17-room extended-stay rental property serving the area's workforce housing market. Generating over $212,000 in annual gross rental income, the property offers immediate cash flow with additional upside potential. Seller financing available for qualified buyers. Just minutes from Cranmore Mountain Resort, Story Land, Schouler Park, and North Conway Village, the location places residents and guests in the center of the valley's year-round recreation and activity. Continue the current rental model or explore future possibilities including group lodging, boutique inn operations, or reestablishing the property as a bed & breakfast, subject to local approvals. Showings scheduled in advance to accommodate current residents.

Highlights

Listed by Pamela B Adami , 603-969-3500 and Rick Adami , 603-314-8886 KW Coastal and Lakes & Mountains Realty/N Conway , 603-730-5683.

Property Type

Commercial Sale

Lot/Acreage
0.61

Year Built

1773

County

Carroll

Listing ID

5079041

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0
Basement:Yes,Unfinished

Exterior Features

Lot:Level
Zoning:RA
Roof:Shingle
Sewer:Public
Parking Features:On-Site
Principal Interest
$2,667
Taxes
$973

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $973.42 $0.00 $3,640.08
Yearly $32,000.00 $11,681.00 $0.00 $43,681.00
Total $960,000.00 $350,430.00 $0.00 $1,310,430.00

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.