Two-Home Ranch Income
41 Linden Road Conway, NH 03860
41 Linden Road, Conway, NH, 03860
$550,000
For Sale
$550,000
MULTI_FAMILY - Ranch - Conway, NH
Property Size3,182 SF
Lot Size0.89 Acres
Price / SF$172.85
Days on Market105
Property Features for 41 Linden Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- RA
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 2, Bathroom 3
- Parking features
- Garage, Driveway
- Patio and Porch features
- Porch, Patio
- Exterior features
- Partial Fence, Garden Space, Outbuilding, Patio, Greenhouse, Heated Porch
- Fencing
- Partial
- Standard status
- Active
- Size
- 3,182 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7878
Utilities
- Utilities
- Cable Available
- Heating system
- Propane (Heating), Wood
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Wood Frame
- Roof type
- Metal, Shingle
- Architectural style
- Ranch
- Additional Structures
- Greenhouse, Outbuilding
Listing Agency
Badger Peabody & Smith Realty
(603) 356-5757
2633 White Mountain Hwy, Franconia, NH
Listed by
Jeana Hale-Dewitt
(603) 444-1294
Added: Apr 6 Checked: Jul 19 at 3:06 am
MLS# 5082695
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ranch-style property is set up as two separate homes on a spacious, level lot. The main home has been updated for comfort and function and includes central air, a bright sunroom, an open living area with a fireplace, two bedrooms, 1.5 baths, a first-floor laundry area, and a full basement.
A second home is vacant and ready for immediate use, offering two additional bedrooms, one full bath, soaring ceilings, its own laundry area, generous storage, and a private paved driveway for added independence. The property is positioned just off scenic West Side Road and is described as being minutes from shopping, dining, Echo Lake State Park, and Cranmore Mountain Resort, with RA zoning noted.
Outside, the property includes a garage, greenhouse, garden space, a large patio, and sheds.
A second home is vacant and ready for immediate use, offering two additional bedrooms, one full bath, soaring ceilings, its own laundry area, generous storage, and a private paved driveway for added independence. The property is positioned just off scenic West Side Road and is described as being minutes from shopping, dining, Echo Lake State Park, and Cranmore Mountain Resort, with RA zoning noted.
Outside, the property includes a garage, greenhouse, garden space, a large patio, and sheds.
Key Highlights
- Two separate homes on a spacious, level lot with independent driveway access for the second home
- Main home: 2 bedrooms, 1.5 baths, central air, bright sunroom, open living area with fireplace, 1st‑floor laundry, and full basement
- Second home: vacant with 2 bedrooms, 1 full bath, soaring ceilings, its own laundry area, and generous storage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $17.40 |
| − Vacancy | −$2.5k | −$0.78 |
| EGI | $52.9k | $16.62 |
| − OpEx | −$15.9k | −$4.99 |
| NOI | $37.0k | $11.63 |
3,182 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K
NOI $37,013 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$467.8K
$409.3K – $545.8K
NOI $32,746 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$794.5K
$695.2K – $927.0K
NOI $55,617 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Ranch-style property with two separate homes, including central air and a vacant second unit with private paved driveway.
Where is this duplex located?
The property is located at 41 Linden Road Conway, NH.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two separate homes on a spacious, level lot with independent driveway access for the second home; Main home: 2 bedrooms, 1.5 baths, central air, bright sunroom, open living area with fireplace, 1st‑floor laundry, and full basement; Second home: vacant with 2 bedrooms, 1 full bath, soaring ceilings, its own laundry area, and generous storage
