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32-34 Madbury RoadDurham, NH 03824MLS Number 4818847

  • Price: $3,500,000The price has recently decreased
  • 126 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 2.72% last updated on 2020-11-25

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Active with Contract
32-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 0382432-34 Madbury Road Durham NH 03824
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  • 1.12Acreage
  • 1950Year Built
  • 14,340Square Feet
  • 2Map
Welcome to 32 Madbury Road. This building consists of 12 units & 34 bedrooms and sits at a major intersection, on campus at The University of New Hampshire. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own bedroom. Second, each tenant has their own parking space. Third, with just a 2 minute walk to center of campus and 3 minutes to “downtown” the location a perfect exchange for cramped dormitory living. It is rented through 2021. As an owner, the property is equally attractive. Vacancy has never been a problem. Tenants pay their own hot water and electric. The building is vinyl sided and there will be a new roof delivered to the new owner. Inside, the units are spacious, but, not big to invite large gatherings. They are designed for regular turnover. There is a newer heating system. The rents are under market and ready to be increased. In addition, there are 6 “extra” parking spaces that allow for additional income.
Listed by Todd Koss of Lillian Montalto Signature Properties

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Basic Information

  • StatusActive With Contract
  • Modification Date11/16/2020
  • TypeMulti-Family
  • List Price$3,500,000
  • Broker NameLillian Montalto Signature Properties
  • Listing Agent NameTodd Koss
  • Lister Office NameLillian Montalto Signature Properties
  • MLS Number4818847
  • MLS StatusActive Under Contract

Location

  • Building Number32-34
  • StreetMadbury Road
  • TownDurham
  • StateNH
  • Zip03824
  • CountyStrafford
  • Map2

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt

Amenities

  • Accessibility AmenitiesAccess Parking, Paved Parking

Other

  • View Count29

Building

  • Year Built1950
  • ConstructionWood Frame
  • Units12
  • Square Feet14,340
  • Available Sqft14,340
  • Garage Spaces

Property

  • Acreage1.12
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaNear Public Transportatn, Near Shopping, Suburban
  • Lot Sqft48,787

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 29, 2020.

 

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From Our Clients

"I wanted to thank you for your persistence and flexibility in working with me and Amy on the purchase of our Durham NH Home. It is exactly what we wanted thanks to your guidance and knowledge of the area. But the best was that you made it all happen in a relatively short period of time."

John Sheehan, Durham, NH