$610,000
SOLD JUL 1, 2025

261 Grove St North Conway, NH 03860

4 Beds
4 Baths
2,736 Sq Ft
0.57 Acres

Recently Sold

$223 Per Sq Ft

12% Below List Price

176 Days on Market

Highlights

  • Wooded Lot
  • High Speed Internet
  • Carpet
  • 2 Car Garage

About This Home

As of July 2025

Outstanding Investment Opportunity in the Heart of North Conway Village!

Discover this rare four-unit multifamily property perfectly situated on a private lot in highly desirable North Conway Village. Zoned for commercial use, the property also features a spacious warehouse complete with two heated offices—ideal for a variety of business or rental purposes.

Tenants will love the unbeatable location, just a short walk to local shops, restaurants, and workplaces. With a long-standing owner and reliable, long-term tenants in place, this property offers stability and strong rental history.

Each of the four residential units, as well as the warehouse and office spaces, are fully occupied. The property is set back from the road for added privacy and includes ample off-street parking.

Whether you're expanding your investment portfolio or launching a new venture, this versatile property is full of potential.

Last Agent to Sell the Property

Lisa Brouillette

KW Coastal and Lakes & Mountains Realty/N Conway License #053194 Listed on: 12/26/2024

KW Coastal and Lakes & Mountains Realty/N Conway

Last Buyer's Agent

A non PrimeMLS member

A Non PrimeMLS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1986

Lot Details

  • 0.57 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gravel Driveway
  • 1 to 5 Parking Spaces

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Directions: Route 16 north to Grove Street.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1986
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Wooded, In Town
  • Road Frontage Type: Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2064.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2736
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • SqFt_Apx_Total: 2736
  • Basement_Access_Type: Walkout
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Electric
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Finished, Full
  • Basement YN: Yes
  • Below Grade Sq Ft: 672.0

Exterior Features

  • Driveway: Gravel
  • Roof: Shingle
  • Construction Type: Wood Frame
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Parking Spaces 1 - 10

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Electric
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Yes
  • Zoning: residential
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3094.0
  • Tax Block: 000
  • Tax Lot: 180
  • Tax Map Number: 219

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Jul 1, 2025
Sold by
Veno David C and Veno Cheryl A
Bought by
261 Grove Llc
Seller's Agent
Lisa Brouillette
KW Coastal and Lakes & Mountains Realty/N Conway
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$695,000
Sold Price
$610,000
Premium/Discount to List
-$85,000
-12.23%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.52%

Purchase Details

Listed on
Dec 26, 2024
Closed on
Jun 18, 2025
Sold by
Veno Electric Inc
Bought by
Veno David C and Veno Cheryl A
Seller's Agent
Lisa Brouillette
KW Coastal and Lakes & Mountains Realty/N Conway
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$695,000
Sold Price
$610,000
Premium/Discount to List
-$85,000
-12.23%
Views
76

Purchase Details

Closed on
Oct 11, 2019
Sold by
Veno David C and Veno Cheryl A
Bought by
Vermette Louise R

Purchase Details

Closed on
Dec 9, 1993
Bought by
Cassady Cheryl A
Source: Public Records

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Range of Values:

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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 $610,000 --
Quit Claim Deed -- None Available
Warranty Deed $145,200 --
Warranty Deed $145,200 --
Warranty Deed $145,200 --
Deed $81,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $610,000 -6.2% $223 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/17/2025 05/17/25 Price Changed $650,000 -6.5% $238 / Sq Ft
05/05/2025 05/05/25 For Sale $695,000 0.0% $254 / Sq Ft
04/12/2025 04/12/25 Off Market $695,000 -- --
12/26/2024 12/26/24 For Sale $695,000 -- $254 / 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 $3,095 $245,600 $83,100 $162,500
2023 $2,815 $245,600 $83,100 $162,500
2022 $4,225 $220,300 $74,800 $145,500
2021 $3,600 $220,300 $74,800 $145,500
2020 $4,113 $220,300 $74,800 $145,500
2019 $3,816 $220,300 $74,800 $145,500
2018 $4,727 $205,600 $58,300 $147,300
2017 $4,108 $205,600 $58,300 $147,300
2016 $3,970 $205,600 $58,300 $147,300
2015 $3,782 $198,100 $58,300 $139,800
2014 $3,736 $198,100 $58,300 $139,800
2013 $3,602 $201,700 $53,300 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5025256

PrimeMLS

APN: 219-180