11 Smith St Listing Details & Market Data

We  are  pleased  to  offer  a  6,292±  SF  multi-family  at  11  Smith  Street,  Fryeburg.    Rare  opportunity  to  own  this  income-producing  historic  former  hotel  converted  11-unit  multi-family  in  walking  distance  to  all  the  amenities  on  Main  Street  in  Fryeburg. This unique  property  has  a  consistent  track  record  of  full  occupancy and is sited in a town-center location with a  high  demand  and  low  supply  of  rental  units,  and within 10 miles of North Conway, NH. The owner has performed numerous upgrades in recent years  including  all  new  windows,  new  boiler  and  water  heater,  new  septic,  new  vinyl  siding  and  deck,  a  State-sponsored  lead  abatement  program,  digital  electric  meter  upgrades,  and  individual unit renovations. The 0.56+/- acre property includes a 40’ x 60’ +/- barn with covered carport  area,  and  detached  heated  garage,  which  is  rented  MTM.  Solid  financials  and  records  available upon request.