$1,150,000
17
Beds
17
Baths
7,800
Living Area
-
Property Description
PRICE IMPROVEMENT! The historic Isaac Merrill House presents a unique investment opportunity in the heart of North Conway. 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 Mount Washington Valley workforce housing market. Generating over $212,000 in annual gross income, the property offers immediate cash flow with future upside potential. Seller financing available for qualified buyers. Located on sought-after Kearsarge Road, just minutes from North Conway Village, Cranmore Mountain Resort, Schouler Park, Story Land, shopping, dining, and year-round recreation. The flexible layout offers multiple possibilities for future use, including continued workforce housing, group lodging, boutique inn operations, or potential conversion back to a bed & breakfast, subject to local approvals. Showings by appointment only to accommodate current residents.
-
Highlights
- Area: North Conway
- Heating: Electric, Radiant
- Parking Spots: 16
- Property Type: 5+ Family - Rooming House
- Total Rooms: 17
- Status: Active
- Has View: Yes
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1773
-
Additional Details
- Appliances: Refrigerator
- Construction: Frame
- Exterior Features: Balcony
- Flooring: Wood, Carpet
- Interior Features: Bathroom with Shower Stall, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
- Basement: Partial, Interior Entry, Concrete, Unfinished
- Exclusions: Personal Property Of Tenants Is Excluded. Only Seller-Owned Property Will Convey.
- Fireplaces: 2
- Foundation: Granite
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 17
- Year Built Details: Actual
- Zoning: Ra
-
Amenities
- Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School
- Parking Features: Off Street, Common, Unpaved
-
Utilities
- Electric: Circuit Breakers, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,018,400
- Tax Year: 2024
- Total Rent: $17,814
- Rental Fee Includes: Unit 1(Heat, Electric, Water, Other (See Remarks)), Unit 2(Heat, Electric, Water, Other (See Remarks))
- Taxes: $11,681
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keller Williams Coastal and Lakes & Mountains Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.