Madbury NH Real Estate, MLS 4946238

Print Save Favorite

Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

This is an existing 10 unit property with an additional 11 units approved in the Madbury center. The approvals lose 2 existing units for a net of 19 total units. These 3 and 4 bedroom units are ideal for student housing (current use) or could be market rate family housing. The existing income (NOI) is very strong providing income while adding a new building. With plenty of parking on site and easy walking distance to miles of trails , the elementary school and associated community ball fields, this property has a lot of benefits. Only a 5 minute drive the University of New Hampshire Campus, and to Dover, and 15 minutes to the Portsmouth Circle, this is ideally located in the Seacoast. The building with approvals to be constructed will include 1 single building with 10; 4, 3, and 2 bedroom units to be built.

More Info

Basic Information

StatusACT
List Price$3,000,000
Date Price Change03/22/2023
MLS Number4946238
MLS StatusActive

Property

Acreage36.43
Parking Spaces
Lot DescriptionCorner
Square Feet9,551
APX Fin AG Sqft9,551
Road Frontage600
RoadsPaved

Location

TownMadbury
StateNH
Zip03823
CountyStrafford
ZoningRA
Flood Zone Y/NNo

Exterior

ExteriorVinyl Siding
RoofShingle - Asphalt

Utilities

Heat FuelOil
Heat SystemHot Water
WaterDrilled Well, On-Site Well Exists
Water HeaterElectric
Electric200 Amp, Circuit Breaker(s)
SewerOther
UtilitiesOther

Building

Year Built1880
Building ConstructionWood Frame
StyleColonial
Units10
# of 2 Bedrooms2
# of 3+ Bedrooms8
BasementUnfinished
FoundationConcrete, Fieldstone

Other

Taxes$24,509
Seasonal Y/NNo
View Count4

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 June 9, 2023 11:24 PM EDT

Name

Your Email Address

Phone

Date

Time

Your Questions & Comments I would like to schedule a viewing for (ID # 4946238)

Name

Your Email Address

Phone

Recipient's Name

Recipient's Email

Your Questions & Comments I found a listing on "Allen Family Real Estate" which you may be interested in:

Share

Driving Directions

Ask A Question