Bought with Colleen Piel • BHG Masiello Durham
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Key Details
Sold Price $1,275,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,310 sqft
Price per Sqft $385
MLS Listing ID 5005657
Sold Date 08/19/24
Bedrooms 11
Full Baths 3
Construction Status Existing
Year Built 1905
Annual Tax Amount $23,374
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Welcome to 15-17 Schoolhouse Road. This building consists of 3 units and 11 bedrooms and sits just outside a major intersection, on campus, at The University of New Hampshire. This recently remodeled 2 Building property has minimal overhead, a tremendous rental history and is rented through Spring of 2025. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own good-sized bedroom-no sharing required. Second, all but one tenant has their own, individual, parking space - a rarity in the area. Third, each unit has their own in unit laundry. Lastly, with just a 5 minute walk to center of campus and 3 minutes to “downtown” the location is ideal and a perfect exchange for cramped dormitory living. With that, there has not been vacancy at the property in years, and it is currently rented through the 2025 school year. As a property owner, this property is equally attractive. With individual bedrooms for each tenant, vacancy has never been a problem. Further, the units have been recently upgraded, and are in fantastic condition. The units are spacious, however, not massive to invite large gatherings and they are designed for regular turnover. There is no deferred maintenance and given the lot size, landscaping and snow removal is minimal given the occupancy.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning C
Rooms
Basement Entrance Interior
Basement Bulkhead, Concrete, Interior Access
Interior
Heating Electric, Gas - LP/Bottle
Cooling None
Flooring Carpet, Hardwood, Laminate, Tile
Basement Type Bulkhead,Concrete,Interior Access
Exterior
Utilities Available None
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Concrete, Stone
Sewer Public
Construction Status Existing
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Louden Dennis
Sales Associate | License ID: SA926657
Sales Associate License ID: SA926657