Multi-Family for Sale: 815 West Side Road, Conway, NH 03818

5 beds
4 full baths
3,680 sqft
$600,000
$600,000
815 West Side Road, Conway, NH 03818
5 beds
4 full baths
3,680 sqft
$600,000
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Price:
$600,000
$50,000 - 08/13/2024

Type Multi-Family
Style Apartment Building, Gambrel
Beds 5
Total Baths 4 full baths
Square Feet 3,680 sqft
Lot Size 5.60 acres
Year Built 1940
Taxes Paid $5,760

City Conway
County Carroll

MLS 5000717
Status Active
DOM 84 days
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.

Lot & Building Features

Appliances Water Heater – On Demand, Water Heater – Separate
Utilities Cable - At Site, Gas - LP/Bottle
Construction Clapboard Exterior, Wood Frame, Shingle Siding
Cooling None
Heat Source Electric, Gas - LP/Bottle
Heating Electric, Hot Water
Sewer 1000 Gallon, Private, On-Site Septic Exists
Tax Year 2024
Taxes Paid $5,760
Water Drilled Well, Private
Basement Description Bulkhead, Unfinished, Storage Space, Stairs - Exterior, Concrete Floor, Concrete
Foundation Block, Concrete
Lot Description Country Setting, Sloping, Level
Roof Metal, Shingle - Asphalt
Features Exterior Deck, Porch - Covered
Garage Yes

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Deck, Refrigerator, Range - Electric, Porch
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1505.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Internet Service, Hot Water, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Dishwasher, Washer, Refrigerator, Range - Electric, Microwave, Dryer
Unit 2 Lease Term Annual
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1040.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Internet Service, Hot Water, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info Range - Electric, Refrigerator
Unit 3 Lease Term Annual
Unit 3 Level Number 2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 895.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 3
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Internet Service, Hot Water, Heat
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Info Range - Gas, Refrigerator
Unit 4 Lease Term Annual
Unit 4 Level Number 2
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 870.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 3
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Internet Service, Hot Water, Heat

Price History of 815 West Side Road, Conway, NH

Date Name Price Difference
08/13/2024 Price Adjustment $600,000 7.69%
07/12/2024 Price Adjustment $650,000 6.47%
06/28/2024 Price Adjustment $695,000 4.14%
06/15/2024 Listing Price $725,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 815 West Side Road, Conway, NH

Location Map Street View
Photo of Christine Ashford
Direct: 603-770-1748
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
Listed by KW Coastal and Lakes & Mountains Realty/N Conway, Kimberly Clarke
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0.96%
6.75%
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Principal & Interest
Monthly Taxes
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815 West Side Road (MLS #5000717) is a multi-family listing located in Conway, NH. This multi-family listing is 3,680 sqft and on a lot of 243,936 sqft (or 5.60 acres) with 5 bedrooms, 4 baths and is 84 years old. This property was listed on 06/15/2024 and has been priced for sale at $600,000.

Nearby zip codes are 03812, 03813, 03818 6042, 03849 and 03860. This property neighbors other cities such as Albany, Bartlett and Madison.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: KW Coastal and Lakes & Mountains Realty/N Conway

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 09/07/2024