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Listed by Colleen Guillou • RE/MAX Bentley's
$ 1,399,900
Est. payment /mo
Price Dropped by $180K
224 Mast RD Durham, NH 03824
8,221 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment,Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,221 sqft
Price per Sqft $170
MLS Listing ID 5038145
Year Built 1880
Annual Tax Amount $23,035
Tax Year 2024
Lot Size 4.000 Acres
Acres 4.0
Property Sub-Type Investment,Multi-Family
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. Don't miss out on this rare opportunity—schedule a tour today! Showings to begin on May 1st.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning ORLI
Rooms
Basement Entrance Interior
Basement Dirt Floor, Unfinished
Interior
Inclusions Land/Building
Exterior
Parking Features Driveway, Off Street
Garage Description Driveway, Off Street
Utilities Available Cable - Available
Building
Sewer Private, Septic
