BEDS0
BATHS
SQUARE FEET8,484
MLS#5087830
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLOyster River Cooperative
Listing Courtesy of:
Arthur Thomas Properties
Agency Phone: 603-413-6175
Associate Name: Paula Igoe
Property Description
An exceptional investment opportunity in the heart of Durham, consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham. This turn-key asset features 8 spacious residential units with 22 bedrooms and town approval for up to 27 student beds, offering a unique combination of strong cash flow, prime location, and future flexibility. The property also includes 40 on-site parking spaces, a rare amenity in this highly desirable rental market. A strong investment opportunity with a projected 8.46% cap rate, this property presents a solid, long-term investment in one of New Hampshire's most sought-after college communities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Slab, Interior Access, Exterior Access
Cooling: None
Heating: Natural Gas, Hot Water
Home Style: Multi-Family
Lot Size: 1.97 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $37,683
Year Built: 2010
Feature Descriptions
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 8
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: Unknown
Flooring: Carpet, Hardwood, Tile
Foundation: Concrete
Foundation: Concrete
Lot: Level, Secluded, Trail/Near Trail, Near Shopping, Near Public Transportatn, Near School(s)
Parking: On-Site, Parking Spaces 21+, Paved
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 8484
Total Stories: 2
Units: 8
Water: Drilled Well
Zoning: MUDOR
Local Schools
High School: Oyster River High School
Middle School: Oyster River Middle School
School District: Oyster River Cooperative
Listed By / Shown By
Listed By
Agency Name: Arthur Thomas Properties
Agency Phone: 603-413-6175
Agent Name: Paula Igoe
Shown By
Agency Title: A House to Home Realty
Agency Phone: (603) 752-7202
Estimate Your Payment
Estimated Payment
$ 10,062.64 per month $6,120.31 Principal & Interest $3,140.25 Property Tax $802.08 Homeowner's Insurance
275-279 Mast Road | MLS# 5087830
This multi-family property located at 275-279 Mast Road, Durham, NH 03824 is currently listed for sale with an asking price of $2,750,000. 275-279 Mast Road is located within the Oyster River Cooperative school district. Search Durham real estate on www.ahousetohomerealty.com today.