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Listed by KW Coastal and Lakes & Mountains Realty/N Conway
Well kept 4 apartments and attached garage on a private 5.6 acre lot. Strong rental history and desirable location just 5 miles to North Conway Village and 1.5 miles to Conway Village. First floor Apt 2 is completely updated with vinyl plank floors, stainless appliances, custom kitchen cabinets and its own washer/dryer. Apt 1, also a first floor unit, is the largest, with an eat-in kitchen, living room, 2 bedrooms and a full bath. There is a lock out door to another full 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 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 also add storage income potential. Three of the tenants have been here over 7 years. They enjoy gardening, the great location and the larger floor plans that each unit enjoys. Rents are below market and all leases expire this Fall so there are many options for a future buyer. Assisted showings by appointment with 48 hours notice.

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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 July 15, 2024 7:09 AM EDT

 

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