Listing courtesy of Paula Igoe, Arthur Thomas Properties 603-413-6175
275-279 Mast Road, Durham, NH, 03824
0 beds
8 Full baths
2010
Multi-Family
8,484 sqft
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.
Status:
Active
Type:
Multi-family
Units:
8
Zoning:
MUDOR
Heating:
Natural Gas, Hot Water
Cooling:
None
Basement:
Full, Slab, Interior Access, Exterior Access
Parking:
On-Site, Parking Spaces 21+, Paved
Acreage:
1.97
Est. Taxes:
$37,683
Lot Description:
Level,Secluded,Trail/Near Trail,Near Shopping,Near Public Transportatn,Near School(s)
Middle School:
Oyster River Middle School
High School:
Oyster River High School
School District:
Oyster River Cooperative
MLS #:
5087830