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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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275-279 Mast Rd , Durham, NH 03824
$2,750,000
Est. Payment: $6,111.11/mo
0 Bed
0 Bath
8484 Sqft
Status: Active Under Contract | Days on site: 75
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6016 - 18603
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Paula Igoe , 603-978-4909 Arthur Thomas Properties , 603-413-6175.

Property Type

Multi-Family
Lot/Acreage
1.97

Year Built

2010

County

Strafford

 School District

Oyster River Cooperative

Listing ID

5087830

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Floor:Carpet,Hardwood,Tile
Above Ground Sq Ft:8484
Basement:Yes,Full,Slab,Interior Access,Exterior Access

Exterior Features

Lot:Existing
Zoning:MUDOR
Roof:Asphalt Shingle
Sewer:Public
Parking Features:On-Site,Parking Spaces 21+,Paved
Principal Interest
$6,111
Taxes
$3,140

Home Price

$2,750,000

Loan Details

30 yrs
%

Down Payment

20%
$550,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,111.11 $3,140.25 $0.00 $9,251.36
Yearly $73,333.33 $37,683.00 $0.00 $111,016.33
Total $2,200,000.00 $1,130,490.00 $0.00 $3,330,490.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.