621 Kearsarge Road, Conway, NH 03860
MULTI_FAMILY - Other - Conway, NH
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 11:06 am
Property Features for 621 Kearsarge Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RA
- Rooms
- Basement
- Parking features
- Driveway, Garage
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 9,248 SF
- Lot size
- 2.30 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Oil, Propane (Heating), Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 11
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Greydon Turner (603) 356-5425
Listing office Pinkham Real Estate 2558 White Mountain Highway, North Conway, NH (603) 356-5425
Listing date Jun 25, 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.
HighLights
- Over 2‑acre apartment building with ample road frontage and two driveway access points
- Frontage on Kearsarge Brook, plus a small pond on the property
- 100% occupancy maintained for many years with low tenant turnover and a waiting list
- Built in 1960 with wood‑frame construction and vinyl siding
- Shingle roof and basement level included
- Utilities: cable available; water source is public; includes electric water heater
Overview
Located on Kearsarge Road just behind North Conway Village, the property is also very close to Cranmore Mountain. The site’s layout supports practical arrival and service access via two drives, and the surrounding setting places it near established local retail and recreation demand drivers.
For buyers, this multifamily property presents an operationally stable profile based on the stated history of 100% occupancy for many years and a waiting list. The building is positioned for tenants who want access to North Conway Village while remaining near Cranmore Mountain. Please note that 48 hours’ notice is required for showings.
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 | $183.1k | $19.80 |
| − Vacancy | −$10.1k | −$1.09 |
| EGI | $173.0k | $18.71 |
| − OpEx | −$77.9k | −$8.42 |
| NOI | $95.2k | $10.29 |
Alternative Uses
Current Use by Public Records
Map
- City
- Conway
- County
- Carroll
- State
- New Hampshire
- Longitude
- -71.11655236
- Latitude
- 44.06464326
