10 Lee RD new Save Request In-Person Tour Request Virtual Tour
Madbury,NH 03823
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,149 sqft
Price per Sqft $189
MLS Listing ID 5041055
Construction Status Existing
Year Built 1880
Annual Tax Amount $28,289
Tax Year 2024
Lot Size 36.430 Acres
Acres 36.43
Property Description
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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning RA
Rooms
Basement Entrance Walkout
Basement Unfinished
Interior
Cooling Other
Exterior
Utilities Available Phone
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Other
Sewer Septic
Architectural Style Multi-Family
Construction Status Existing