$385,000
SOLD MAR 26, 2021

20 Washington St Conway, NH 03818

7 Beds
5 Baths
4,062 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

7 Days on Market

Highlights

  • New Englander Architecture
  • Double Pane Windows
  • Attic Fan
  • Covered patio or porch
  • Zoned Heating
  • Baseboard Heating

About This Home

As of March 2021

Great Investor Opportunity! This property is situated at the busy intersection of NH RT 16 and Washington Street, a high visibility location in the heart of Conway Village. The building consists of a commercial space, currently a salon, and 4 residential rental units. It is currently fully leased with a stable rental history. Serviced by town water and sewer. Showings by appointment only.

Last Agent to Sell the Property

Jim Lyons

Select Real Estate License #003129 Listed on: 02/05/2021

Co-Listed By

Nick Wells

Select Real Estate

Last Buyer's Agent

Trish Marchetti

BerkshireHathaway HomeServices Commonwealth R.E

BerkshireHathaway HomeServices Commonwealth R.E

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • New Englander Architecture
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows
  • Attic Fan

Flooring

  • Carpet
  • Laminate

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Storage

Parking

  • Shared Driveway
  • Paved Parking
  • On-Street Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Conway Elementary School
  • A. Crosby Kennett Middle Sch
  • A. Crosby Kennett Sr. High School

Utilities

  • Zoned Heating
  • Radiator
  • Mini Split Heat Pump
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $29,530
  • Gross Income $60,882
  • Net Operating Income $31,352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,579

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, New Englander
  • Directions: From Rt 16/Main Street in Conway Village, take Washington Street North to second building on the left.
  • Flood Zone: Unknown
  • Footprint: 60'X38'
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 97.1
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4534
  • Sq Ft - Apx Total Finished: 4062
  • Property Type: Multi-Family
  • Year Built: 1915
  • Remarks Public: Great Investor Opportunity! This property is situated at the busy intersection of NH RT 16 and Washington Street, a high visibility location in the heart of Conway Village. The building consists of a commercial space, currently a salon, and 4 residential rental units. It is currently fully leased with a stable rental history. Serviced by town water and sewer. Showings by appointment only.
  • L A1 M M S I Memberkey: 13361
  • L A2 M M S I Memberkey: 621149
  • List Agent: 18671
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71693
  • L O2 Homesnapcom: Yes
  • L O2 M M S I Officekey: 71693
  • S A1 M M S I Memberkey: 390515
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 73431
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Partially Finished, Stairs - Interior, Storage Space, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 3965
  • Sq Ft - Apx Finished BG: 97
  • Sq Ft - Apx Unfinished BG: 472

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Aluminum, Wood Siding
  • Foundation: Poured Concrete, Slab - Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Porch - Covered, Windows - Double Pane

Garage/Parking

  • Parking: Off Street, On-Site, On Street, Paved

Utilities

  • Cable Company: Spectrum
  • Electric: 200 Amp
  • Fuel Company: White Mountain Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone, Radiator, Steam, Mini Split
  • Cooling: Attic Fan
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Heat Units: 12
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 2
  • Trash: Private
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Schools

  • School District: SAU #9
  • Elementary School: Conway Elem School
  • Middle School: A. Crosby Kennett Middle Sch
  • High School: A. Crosby Kennett Sr. High
  • Elementary School: Conway Elem School
  • High School: A. Crosby Kennett Sr. High

Lot Info

  • Village/District/Locale: North Conway
  • Map: 265
  • Lot: 50
  • Lot Sq Ft: 6098
  • Lot Acres: 0.14
  • Lot Description: Rental Complex
  • Surveyed: Unknown
  • Zoning: VC
  • Deed Book: 3310
  • Deed Page: 416
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60882
  • Net Income: 31352
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 4579
  • Tax Year: 2020

MLS Schools

  • School District: SAU #9
  • School Middle Jr: A. Crosby Kennett Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Mmrc 20 Conway Llc
Bought by
Conway Area Rlty Hldg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 26, 2021
Sold by
Shelf Asset Mgmt Llc
Bought by
Mmrc 20 Conway Llc
Seller's Agent
Jim Lyons
Select Real Estate
Buyer's Agent
Trish Marchetti
BerkshireHathaway HomeServices Commonwealth R.E
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%
Original Mortgage
$308,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2017
Sold by
Greene Jeffrey B and Greene Joane M
Bought by
Top Shelf Asset Mgmt L

Purchase Details

Closed on
Feb 1, 1988
Bought by
Greene Jeffrey B and Greene Joan M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 None Available
Warranty Deed $385,000 None Available
Warranty Deed $385,000 None Available
Warranty Deed $225,000 --
Warranty Deed $225,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,500 Stand Alone Refi Refinance Of Original Loan
Closed $500,000 Purchase Money Mortgage
Previous Owner $308,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $799,999 +107.8% $194 / Sq Ft
03/26/2021 03/26/21 Sold $385,000 0.0% $95 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $385,000 -- $95 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,059 $471,500 $147,000 $324,500
2023 $5,620 $471,500 $147,000 $324,500
2022 $5,778 $296,900 $112,500 $184,400
2021 $4,075 $249,400 $112,500 $136,900
2020 $4,579 $249,400 $112,500 $136,900
2019 $4,320 $249,400 $112,500 $136,900
2018 $4,751 $219,400 $82,500 $136,900
2017 $4,384 $219,400 $82,500 $136,900
2016 $4,237 $219,400 $82,500 $136,900
2015 $4,188 $219,400 $82,500 $136,900
2014 $4,138 $219,400 $82,500 $136,900
2013 $4,117 $230,500 $82,500 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4846410

PrimeMLS

APN: CNWY-000265-000000-000050