Description
An exceptional investment opportunity in the heart of Durham, consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham. This turn-key asset features 8 spacious residential units with 22 bedrooms and town approval for up to 27 student beds, offering a unique combination of strong cash flow, prime location, and future flexibility. The property also includes 40 on-site parking spaces, a rare amenity in this highly desirable rental market. A strong investment opportunity with a projected 8.46% cap rate, this property presents a solid, long-term investment in one of New Hampshire’s most sought-after college communities.
Details
| MLS # | 5087830 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 2010 |
| Days On Site | 134 |
| Listing Provided By | Arthur Thomas Properties | Paula Igoe |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 8 |
| Zoning | MUDOR |
| Acreage | 1.97 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Natural Gas, Hot Water |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Concrete |
| Lot Features | Level, Secluded, Trail/Near Trail, Near Shopping, Near Public Transit, Near School(s) |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Parking Spaces 21+, Paved |
Utilities
| Utilities | Underground Gas |
|---|---|
| Electric | 100 Amp Service, Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 37683 |
|---|---|
| Tax Block | 20 |
| Tax Lot | 00 |
| Tax Year | 2025 |
Area Information
| State | NH |
|---|---|
| County | Strafford |
| City | Durham |
| Zip Code | 03824 |
| Area | NH Strafford |
| School District | Oyster River Cooperative |
| High School | Oyster River High School |
| Listing VS Median (in 03824) | |
Price: $2,750,000 low | high Med: $0 On site: 134 low | high Med: | |
Market Activity 03824
Request a showing
Request a showing
_20230518140439.png){kind=small}
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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.
Contact
Learn More About This Property
| State | NH |
|---|---|
| County | Strafford |
| City | Durham |
| Zip Code | 03824 |
| Area | NH Strafford |
| School District | Oyster River Cooperative |
| High School | Oyster River High School |
| Listing VS Median (in 03824) | |
Price: $2,750,000 low | high Med: $0 On site: 134 low | high Med: | |
Listing Updated: July 28, 2026 at 1:08:19 PM PDT