Courtesy Of David Garvey Of Kw Coastal And Lakes & Mountains Realty

10 Lee Rd

Madbury, NH 03823 View Map $2,500,000 Schedule a Tour
Sq.Ft.9,551
Year1880
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Bean Group

Bean Group

(603) 932-5600
 
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Status: Active
Property Type:Multi-Family
MLS #:4946238
Sq. Feet:9,551
On Site:69 Days
Lot Size:36.43 Acres
County:Strafford

Listing Agent/Office

Agent:David Garvey
Office:Kw Coastal And Lakes & Mountains Realty
Office Phone:603-610-8500
This is an existing 10 unit property that is currently used for student housing, given its location close to the University. These are large units and are the only ones in the heart of Madbury. These 2, 3 and 4 bedroom units are well positioned with separate entrances, adjacent to a community park, and on the bus route for Coast. The existing unit income, provides cash flow while potentially adding a new building for which approvals are in place. With plenty of parking on site and easy walking distance to miles of trails, the elementary school and associated community ball fields, this property has a lot of benefits. Only a 5 minute drive the University of New Hampshire Campus, and to Dover, and 15 minutes to the Portsmouth Circle, this is ideally located in the Seacoast for student or conventional non-student housing. This invesment opportunity comes with approvals to be constructed as a single building with 10 units; consisting of 4, 3, and 2 bedroom units to be built.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:10 Lee Rd, Madbury, NH 03823
County:Strafford
City:Madbury
Zip Code:03823

Architecture

Year Built:1880
Stories:2.5
Style:Colonial
Construction: Wood Frame
Exterior: Vinyl Siding
Roof: Shingle - Asphalt
Foundation: Concrete, Fieldstone
Basement: Unfinished

Features / Amenities

Heating: Hot Water
Heat Fuel: Oil
Water Heater: Electric

Square Footage

Finished Sq. Ft. Unfinished Sq. Ft.
Above Grade 9551 3159
Below Grade 0 5921
Non-Conforming 0 0
Total 9551 9080

Property Features

Lot Size: 36.43 Acres
Lot Description: Corner
Lot: 000000
Water: Drilled Well, On-Site Well Exists
Electric: 200 Amp, Circuit Breaker(s)
Driveway: Paved
Roads: Paved
Zoning:RA

Tax and Financial Info

Tax - Gross Amount: $24,509
Tax Year: 2022

Schools

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10 Lee Rd Madbury,  NH 03823
GO SEE THIS LISTING
10 Lee Rd Madbury, NH 03823
 
ASAP
Sun
21
Apr
Mon
22
Apr
Tue
23
Apr
Wed
24
Apr
Thu
25
Apr
Fri
26
Apr
Sat
27
Apr
Choose Your Date -- It's Free, Cancel Anytime
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