720 Kearsarge Road, Conway, NH 03860
sale
$1,150,000
|
Other
Courtesy Of keller williams coastal realty
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.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Wood Frame
- Exterior Type: Clapboard Exterior
- Heating System: Electric (Heating)
- Heating System: Oil
- Heating System: Propane (Heating)
- MLSID: 5079041
- Roof Type: Shingle
- Rooms: Basement
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