1. New Hampshire
  2. Madbury
  3. 10 Lee Road
$2,300,000

10 Lee Road, Madbury, NH 03823

  • 23,651 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon36.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $97/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of William Peck, Horvath & Tremblay LLC

10 Lee Road contains three 2-story multi-family buildings and contains ten residential units comprised of four 2-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units and four 4-Bedroom/1-Bathroom units. The large units with ample bedrooms are perfect for UNH students living off campus or recent graduates. There are currently multiple units occupied by UNH students. The Property features ample on-site parking with thirty-seven spaces and has an on-site laundry facility. Each unit is separately metered for electricity which the Tenants pay directly. The Tenants are responsible for electric heat and hot water in units 5 through 10. The Landlord is responsible for common area electric, oil-fired heat and hot water in units 1 through 4, and maintaining private well and septic. The Property offers a value-add component through the redevelopment of the existing two-unit dwelling at the rear of the Property. The building currently houses two units and has been approved for the redevelopment of the building to accommodate an eleven unit multi-family building, increasing the unit count by nine residential units.

Listing Status:
Pending
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
Horvath & Tremblay LLC : 781-776-4000
Listing Agent:
William Peck : 603-218-1857
MLS ID:
5041055

This listing courtesy of William Peck, Horvath & Tremblay LLC

Monthly Payment

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

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Location

Schools Nearby

M

Moharimet School

11 Lee Rd, Madbury, NH, 03823

Grades KG-4

0.28 miles away

O

Oyster River Middle School

1 Coe Dr, Durham, NH, 03824

Grades 5-8

2.00 miles away

O

Oyster River High School

55 Coe Dr, Durham, NH, 03824

Grades 9-12

1.95 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.