3465 White Mountain Highway Conway, NH 03860
MULTI_FAMILY - Other - Conway, NH
Property Features for 3465 White Mountain Highway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- HC
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 5, Bedroom 3, Bedroom 7, Bathroom 6, Bathroom 7, Basement, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Patio and Porch features
- Patio, Deck
- Exterior features
- Deck, Dog Fence, Patio
- Fencing
- Fenced
- Standard status
- Active
- Size
- 4,162 SF
- Lot size
- 0.82 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9594
Utilities
- Heating system
- Baseboard, Electric (Heating), Ductless (Heating)
- Cooling system
- Ductless, Zoned
- Water source
- Public
Building Details
- Year built
- 1840
- Floors in Building
- 3
- Number of units
- 7
- Building materials
- Wood Frame, Brick Exterior, Clapboard Exterior, Shingle Siding, Stone Exterior
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kimberly Clarke (603) 610-8500
Listing office KW Coastal and Lakes & Mountains Realty/N Conway 2779 White Mountain Highway., Portsmouth, NH (603) 730-5683
Listing date Jul 16, 2026
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.
Located on White Mountain Highway (Route 16) in Conway, New Hampshire, the property is situated on a 0.82-acre lot.
Seller notes indicate 48 hours’ notice is required for showings, broker interest, and seller financing may be available to qualified buyers.
Key Highlights
- Vale Apartments converted into 7 long‑term rental units (1 ADA accessible 1BR, five 1BRs, and one 2BR)
- Heating and cooling include efficient ductless mini‑splits with zoned cooling
- Exterior features include deck and patio, plus fenced areas and a dog fence/dog run
Local Financial Insights For Apartment 5plus
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 | $82.4k | $19.80 |
| − Vacancy | −$4.5k | −$1.09 |
| EGI | $77.9k | $18.71 |
| − OpEx | −$35.0k | −$8.42 |
| NOI | $42.8k | $10.29 |
