20 WASHINGTON STREET Conway, NH 03818-6042 | Multi-Family

$899,999

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6394 sqft.
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Signature Page Real Estate, LLC

Description

HIGH CASH-FLOWING INVESTMENT OPPORTUNITY! Investors & 1031 Exchange take notice. Recently upgraded 5-unit building consisting of 1 Commercial Space (Salon) and 4 Residential apartments. Located close to corner of Rt 16 and Washington St, in very desirable Conway Village. Commercial unit is a very reputable long-term Salon currently leased up for 3+ years with TripleNNN. 3 of 4 Residential units recently updated. All 4 apartments in annual leases. Heat Pumps w/ AC recently installed in all units. Updated electrical. Exterior freshly repainted. Stable rent history prior to upgrades. Consistent cash-flow. High Return Rate. Pro Forma & Floor Plans attached or available upon request. Great opportunity to add a solid investment to your portfolio with consistent income and option for short-term rentals in a high volume vacation area.

Property Details

List Price $899,999 List Date 2024-06-11 MLS ID 4999899 Status Active Property Type Multi-Family County NH-Carroll Days on Market 0

structure

AG Finished Area 4114.0 basement Yes cooling Mini Split foundation details Other, Poured Concrete garage y n No heating Electric, Heat Pump, Furnace - Wood/Oil Combo living area 6394.0 living area units Square Feet new construction Existing Parking Features Common/Shared, Paved roof Metal stories 2 year built 1915

characteristics

Acres 0 lot size area 0.14 Lot SqFt 6098.0 lot size units Acres # of Units 5 road frontage type Paved, Public road surface type Paved, Public

tax

tax annual amount 5620.0 tax year 2024 zoning VC

financial

gross income 97604.0 net operating income 74064.0 operating expense 23540.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 6/11/2024 4:21:32 PM (UTC)