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Madbury

10 Lee Road Madbury NH 03823

Madbury, NH10 Lee Road

Price$3,000,000

Est. Mortgage: $/month

MLS Number 4946238

  • Multifamily
  • Units 10
  • Square Feet 9,551
  • Acreage 36.43
  • Utilities Other

This is an existing 10 unit property with an additional 11 units approved in the Madbury center. The approvals lose 2 existing units for a net of 19 total units. These 3 and 4 bedroom units are ideal for student housing (current use) or could be market rate family housing. The existing income (NOI) is very strong providing income while adding a new building. 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. The building with approvals to be constructed will include 1 single building with 10; 4, 3, and 2 bedroom units to be built.

Listed by KW Coastal and Lakes & Mountains Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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354 Route 108 Madbury NH 03823

Madbury, NH354 Route 108

Price$1,299,000

Est. Mortgage: $/month

MLS Number 4950037

  • Residential Single Family
  • Square Feet 7,836
  • Bathroom 5
  • Bedrooms 6
  • Construction Existing

Unique property!!! Located conveniently between Dover & Durham this property has it all. Two separate but attached homes, plus a 30x40 framing shop to run your business out of. All located on picturesque 6.29 acres that are possibly sub-dividable. Original cape built in 1987 with 2 car attached garage, full basement, 1st floor primary bedroom, sunroom, hardwood and tile floors, 3 fireplaces, extremely spacious. Attached and built in 2008 this gambrel style home will knock your socks off, dressed to the 9's with gourmet kitchen, outdoor kitchen, open concept kitchen, dining, and living, hardwood and tile floors, fireplace, central vac, salt water hot tub. This home has 2 bedrooms, plus family room, 1st floor laundry, huge covered patio, immaculate property! walk next door to your future business home complete with electricity, heat and A.C. or lease back to current owners!

Listed by Central Falls Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 27, 2023 9:09 PM EDT

 
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