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Two-Home Multifamily Residence

41 Linden Road Conway, NH 03860

41 Linden Road, Conway, NH, 03860
$584,900
For Sale
Claim this Listing
$584,900

MULTI_FAMILY - Ranch - Conway, NH

Property Size3,182 SF
Lot Size0.89 Acres
Price / SF$183.82
AddedApr 6
Days on Market102
Last RefreshJul 16 at 9:06 am

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
Basement, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4
Parking features
Driveway, Garage
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
Wood, Propane (Heating)
Cooling system
Central Air
Water source
Well

Building Details

Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl, Carpet
Building materials
Wood Frame
Roof type
Shingle, Metal
Architectural style
Ranch
Additional Structures
Greenhouse, Outbuilding

Listing agent Jeana Hale-Dewitt

Listing office Badger Peabody & Smith Realty 2633 White Mountain Hwy, Franconia, NH

Listing date Apr 6, 2026

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 multifamily property is set up as two separate homes on a spacious, level lot. The main home features central air, a bright sunroom, open living space with a fireplace, 2 bedrooms, 1.5 baths, a first-floor laundry area, and a full basement. The second home is vacant and ready for immediate use, with 2 bedrooms, 1 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 located minutes from shopping and dining, Echo Lake State Park, and Cranmore Mountain Resort.

Additional exterior amenities include a garage, greenhouse, garden space, a large patio, and sheds. Sellers are offering a $20,000 credit toward a new septic system for the main house.

Key Highlights

  • Two separate homes on one spacious, level lot just off West Side Road—main home plus a second vacant home ready for immediate use
  • Main home (built 1965, ranch style) features central air, fireplace, sunroom/heated porch, 2 bedrooms, 1.5 baths, 1st‑floor laundry, and a full basement
  • Second home is vacant and offers 2 bedrooms, 1 full bath, soaring ceilings, its own laundry area, generous storage, and a private paved driveway

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 (±1% cap)
NOI $37,013 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$467.8K
$409.3K – $545.8K (±1% cap)
NOI $32,746 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$794.5K
$695.2K – $927.0K (±1% cap)
NOI $55,617 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Ranch-style property with two separate homes, central air, and a vacant second home on a level lot.
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 $584,900.
What are key features of this property?
This property features: Two separate homes on one spacious, level lot just off West Side Road—main home plus a second vacant home ready for immediate use; Main home (built 1965, ranch style) features central air, fireplace, sunroom/heated porch, 2 bedrooms, 1.5 baths, 1st‑floor laundry, and a full basement; Second home is vacant and offers 2 bedrooms, 1 full bath, soaring ceilings, its own laundry area, generous storage, and a private paved driveway
Contact an agent
More about this property
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