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Brie Stephens

[email protected] +1(603) 819-8071

Listed by Colleen Guillou • RE/MAX Bentley's

$ 1,580,000

Est. payment -/mo

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Active

224 Mast RD Durham, NH 03824

8,221 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,221 sqft

Price per Sqft $192

MLS Listing ID 5040781

Construction Status Existing

Year Built 1880

Annual Tax Amount $23,035

Tax Year 2024

Lot Size 4.000 Acres

Acres 4.0

Property Description

Perfectly situated just minutes from the University of New Hampshire, this well-maintained building offers an outstanding investment opportunity in a highly desirable rental market. A short drive to UNH, downtown Durham, shopping, dining and public transportation. Easy access to major highways and surrounding areas. This multifamily building has been thoughtfully cared for, featuring spacious units and a strong rental history. The property consists of a mix of one and two-bedroom units, providing flexibility for a variety of tenants. The property is fully rented with reliable tenants, offering an immediate stream of rental income. Generous parking options for residents, ensuring convenience and accessibility. Durham is home to a thriving college town atmosphere with continued demand for housing, making this a solid, long-term investment. Whether you're looking to add a stable cash-flowing asset to your portfolio or seeking future potential for value-add improvements, this 11-unit multifamily property offers tremendous potential in one of New Hampshire's most sought-after locations. Rentals are under market value with opportunity for increased rental income. Septic in need of replacement and seller willing to contribute money back at closing toward new system. Don't miss out on this rare opportunity—schedule a tour today!

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning ORLI

Rooms

Basement Entrance Interior

Basement Dirt Floor

Interior

Cooling None

Exterior

Utilities Available Cable - Available, Gas - On-Site

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Fieldstone

Sewer 1500+ Gallon, Private, Septic

Architectural Style Cape, Farmhouse

Construction Status Existing

Schools

Elementary Schools Mast Way School

Middle Schools Oyster River Middle School

High Schools Oyster River High School

School District Oyster River Cooperative

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