$1,595,000

3465 White Mountain Hwy Conway, NH 03860

Estimated payment $9,172/month

Total Views 9,764
8 Beds
7 Baths
4,162 Sq Ft
$383 Price per Sq Ft

Highlights

  • Mountain View
  • Patio
  • Mini Split Air Conditioners
  • Deck
  • Baseboard Heating

About This Home

The VALE APARTMENTS, a luxury rental property in an ideal location on Route 16 with views to Mount Washington and the Moat Mountain Range. Three years ago the current owners transformed the property into 7 long -term rental apartments including a 1BR accessible ADA unit, 5 additional one bedroom units, and one 2 bedroom unit, all beautifully appointed and meticulously upgraded. Some have Brazilian Cherry, Luxury Vinyl Plank, and pine floors, brick & granite walls, and a piece of the 4” granite bar from the original McGrath’s Tavern. Open living spaces with efficient mini splits for heat & AC, LED lights, trendy Waypoint kitchens, ceiling fans with remotes in the bedrooms, custom window blinds and keyless entries. The building is fully rented with tenants enjoying the large roof top deck overlooking the mountains on both sides, plenty of off street parking in a well-lit paved parking lot, fenced in dog run, lighted common areas, storage rooms and coin-op w/d in the basement. Building is fully sprinklered, and apartments are alarmed individually. NOI is currently $93,000+. Potential Seller Financing to qualified buyer: 30% down, 5.5% interest, 25 years, 5 year balloon. An exceptional investment property. 48 hours notice required for all showings. Buyer to confirm all information, measures are approximate. Broker Interest.

Listing Agent

Kimberly Clarke

KW Coastal and Lakes & Mountains Realty/N Conway License #070596 Listed on: 10/06/2025

KW Coastal and Lakes & Mountains Realty/N Conway

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,495

Year Built

  • Built in 1840

Lot Details

  • 0.82 Acre Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Stone Siding
  • Clapboard

Interior Spaces

  • Property has 2.5 Levels
  • Mountain Views
  • Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Baseboard Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 181 / /
  • Assessor Parcel Number 202

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • Gross Income $121,828

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,495

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Directions: Route 16/White Mountain Hwy to Vale Apartments, across from the Adventure Suites
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1840
  • Display On Internet: Cable Internet
  • Architectural Style: Apartment Building
  • ResoLotFeatures: Mountain View, In Town, Near Paths, Near Shopping, Near Skiing, Near Hospital
  • Road Frontage Type: Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 4162.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Basement: Concrete Floor, Exterior Stairs, Interior Stairs, Storage Space, Basement Stairs
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck, Dog Fence, Patio
  • Roof: Shingle
  • Construction Type: Wood Frame, Brick Exterior, Clapboard Exterior, Shingle Siding, Stone Exterior
  • Foundation Details: Concrete, Granite

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Baseboard, Electric, Mini Split
  • Cooling: Mini Split
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Restrictions: Other - See Remarks

Schools

  • Elementary School: Conway Elem School
  • High School: A. Crosby Kennett Sr. High
  • Middle Or Junior School: A. Crosby Kennett Middle Sch

Lot Info

  • Surveyed: Unknown
  • Zoning: HC
  • Lot Size Acres: 0.82
  • Lot Size Sq Ft: 35719.0

Multi Family

  • Gross Income: 121828.0
  • Number Of Units Total: 7
  • Number Of Units Leased: 7
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9495.0
  • Tax Block: /
  • Tax Lot: 181
  • Tax Map Number: 202

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 For Sale $1,595,000 -- $383 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5064537

PrimeMLS