Courtesy Of Deborah Boucher Of Better Homes And Garden The Masiello Group
Baths63/4
Sq.Ft.11,691
Year2015
Bean Group
(800) 450-7784
Status:
Sold
Listing Office:
Better Homes And Garden The Masiello Group
Better Homes And Garden The Masiello GroupSelling Office:Allen Family Real Estate
Allen Family Real Estate
Property Type:Multi-Family
MLS #:4900815
Sq. Feet:11,691
Date Sold:6/6/2022
Lot Size:5.23 Acres
County:Strafford
Investors take notice...'Property is in a beautiful country setting conveniently located between Durham and Newmarket. This 13 Unit property (11 apartments and 2 large garage bays) is a unique find. Situated on over 5 acres of beautiful, level land this property is fully occupied and easy to rent. 6 townhouse style units in 2 buildings were built in 2015 and 5 spacious units are in the converted farmhouse built in 1850. Separate utilities are paid for by the tenants except for propane hot water in the 5 unit. Property has been well maintained with upgrades made as necessary. 37 paved parking spaces provide ample parking for all. Updated electrical in farmhouse. Owner's storage shed on site for lawn mower storage etc. All 1 yr. leases in place.
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 6/8/2022 | $2,600,000 | $2,425,000 | -6.7% |
Community Information
Address:1 Kathleen Way Durham, NH 03824
County:Strafford
City:Durham
School System:Oyster River Cooperative
Zip Code:03824
Architecture
Bathrooms:
6 Three-Quarter
Year Built:2015
Stories:3
Style:Apartment Building, Multi-Family
Construction: Wood Frame
Exterior: Vinyl Siding
Total Heat Units: 11
Unit 1: 3 beds, 1, bath
Unit 2: 2 beds, 1, bath
Unit 3: 3 beds, 2, baths
Unit 4: 4 beds, 2, baths
Unit 5: 3 beds, 1, bath
Unit 6: 2 beds, 2, baths
Unit 7: 2 beds, 2, baths
Unit 8: 2 beds, 2, baths
Roof: Shingle - Asphalt
Foundation: Concrete, Fieldstone, Slab - Concrete
Basement: Concrete, Concrete Floor, Unfinished
Garage: Detached
Features / Amenities
Exterior Features: Shed
Cooling: Mini Split
Heating: Baseboard, Mini Split
Heat Fuel: Electric, Gas - LP/Bottle
Water Heater: Electric, Gas - LP/Bottle
Square Footage
| Finished Sq. Ft. | Unfinished Sq. Ft. | |
| Above Grade | 11691 | 0 |
| Below Grade | 0 | 1384 |
| Non-Conforming | 0 | 0 |
| Total | 11691 | 1384 |
Property Features
Lot Size:
5.23 Acres
Lot Description: Level
Lot: 3-2
Utilities: Cable - At Site, Gas - On-Site, Gas - Underground, High Speed Intrnt -AtSite
Water: Private
Sewer: Private
Electric: 200 Amp
Trash: Dumpster, Private
Driveway: Paved
Roads: Public
Zoning:Residential
Directions:From Durham, 108 South towards Newmarket. Property on Left.
Tax and Financial Info
Tax - Gross Amount: $54,662
Tax Year: 2021
Gross Income: $257,400
Net Income: $176,256
Operating Expense: $81,144