1. New Hampshire
  2. Durham
  3. 224 Mast Road
$1,580,000

224 Mast Road, Durham, NH 03824

  • 19,064 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $83/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Colleen Guillou, RE/MAX Bentley's

Perfectly situated just minutes from the University of New Hampshire, this well-maintained building offers an outstanding investment opportunity in a highly desirable rental market. A short drive to UNH, downtown Durham, shopping, dining and public transportation. Easy access to major highways and surrounding areas. This multifamily building has been thoughtfully cared for, featuring spacious units and a strong rental history. The property consists of a mix of one and two-bedroom units, providing flexibility for a variety of tenants. The property is fully rented with reliable tenants, offering an immediate stream of rental income. Generous parking options for residents, ensuring convenience and accessibility. Durham is home to a thriving college town atmosphere with continued demand for housing, making this a solid, long-term investment. Whether you're looking to add a stable cash-flowing asset to your portfolio or seeking future potential for value-add improvements, this 11-unit multifamily property offers tremendous potential in one of New Hampshire's most sought-after locations. Rentals are under market value with opportunity for increased rental income. Septic in need of replacement and seller willing to contribute money back at closing toward new system. Don’t miss out on this rare opportunity—schedule a tour today!

Listing Status:
Active
Date Added:
April 27, 2025 at 05:00AM
Listing Office:
RE/MAX Bentley's : 978-572-1200
Listing Agent:
Colleen Guillou : 978-270-9149
MLS ID:
5040781
  • Basement: Dirt Floor
  • A/C: None
  • Heating: Forced Air

This listing courtesy of Colleen Guillou, RE/MAX Bentley's

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Mast Way School

23 Mast Rd, Lee, NH, 03861

Grades KG-4

2.29 miles away

O

Oyster River Middle School

1 Coe Dr, Durham, NH, 03824

Grades 5-8

2.04 miles away

O

Oyster River High School

55 Coe Dr, Durham, NH, 03824

Grades 9-12

2.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.