15 Main Street Durham, NH SOLD

$950,000
Beds 7
Baths 5
Square Footage 2,616
Acres 0.25
Photo of 15 Main Street Durham NH 03824

Sold By

Michael Allen, Allen Family Real Estate



Description

Welcome to “Stonegate”. This recently remodeled stand alone property with minimal overhead has tremendous rental history and is rented through Spring of 2022. Located on campus at the University of New Hampshire it consists of 7 bedrooms, housing 10 tenants, with 5 full baths.As a tenant, this property is very attractive. First, there is a mix of single and shared bedrooms and 2/1 tenant to bathroom ratio.Second, each tenant has their own, individual, parking space. Third, with just a 5 minute walk to center of campus and 2 minutes to “downtown” the location is ideal and a perfect exchange for cramped dorm living.As an owner, this property is very attractive. First, it has not had vacancy in ages and the it is rented through Spring of 2022. Second, the tenants pay all utilities. Third, property was remodeled in 2016 with upgrades to the kitchen and baths. Lastly, there is only 1 roof and 1 set of mechanicals to maintain with no deferred maintenance.


Listed by Lillian Montalto Signature Properties, Todd Koss
Sold by Allen Family Real Estate, Michael Allen

Details

MLS 4837301
Price $950,000
Status Closed
DOM 163 days
Type Multi-Family
Beds 7
Square Feet 2,616 sqft
Lot Size 0.25 acres
Year Built 1935

Lot & Building Features

Utilities Cable - Available
Cooling None
Heat Source Oil
Heating Hot Water
Sewer Public
Tax Year 2020
Basement Description Unfinished
Foundation Poured Concrete
Roof Tar and Gravel
Features Exterior Porch - Enclosed
Garage No

Unit Features

Unit 1 Apx Sqft 2616
Unit 1 Baths 5
Unit 1 Bedrooms 7
Unit 1 Info Ceiling Fan, Washer, Sunroom, Refrigerator, Porch - Screened, Dryer, Dishwasher
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 8500.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 10
Unit 1 Status Leased
Unit 1 Tenant Pays All Utilities

Map

Multi-Family Home for Sale: 15 Main Street, Durham, NH 03824 SOLD

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Financing

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20%
1%
6.75%
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per month
Principal & Interest
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Monthly HOA
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