Multi-Family for Sale: 15-17 Schoolhouse Lane, Durham, NH 03824 SOLD

11 beds
3 full baths
3,310 sqft
$1,275,000
$1,275,000
15-17 Schoolhouse Lane, Durham, NH 03824 SOLD
11 beds
3 full baths
3,310 sqft
$1,275,000
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Selling Price: $1,275,000
Original List Price: $1,275,000
Sold at 100.0% of list price
Sold Date: 08/19/2024

Type Multi-Family
Style Colonial, Townhouse, Detached
Beds 11
Total Baths 3 full baths
Square Feet 3,310 sqft
Lot Size 0.19 acres
Year Built 1905

City Durham
County Strafford

MLS 5005657
Status Closed
DOM 11 days
Listed by Lillian Montalto Signature Properties, Todd Koss
Sold by BHG Masiello Durham, Colleen Piel
Welcome to 15-17 Schoolhouse Road. This building consists of 3 units and 11 bedrooms and sits just outside a major intersection, on campus, at The University of New Hampshire. This recently remodeled 2 Building property has minimal overhead, a tremendous rental history and is rented through Spring of 2025. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own good-sized bedroom-no sharing required. Second, all but one tenant has their own, individual, parking space - a rarity in the area. Third, each unit has their own in unit laundry. Lastly, with just a 5 minute walk to center of campus and 3 minutes to “downtown” the location is ideal and a perfect exchange for cramped dormitory living. With that, there has not been vacancy at the property in years, and it is currently rented through the 2025 school year. As a property owner, this property is equally attractive. With individual bedrooms for each tenant, vacancy has never been a problem. Further, the units have been recently upgraded, and are in fantastic condition. The units are spacious, however, not massive to invite large gatherings and they are designed for regular turnover. There is no deferred maintenance and given the lot size, landscaping and snow removal is minimal given the occupancy.

Lot & Building Features

Utilities None
Construction Wood Frame
Cooling None
Heat Source Electric, Gas - LP/Bottle
Heating None
Sewer Public
Tax Year 2023
Water Public
Basement Description Bulkhead, Interior Access, Concrete
Foundation Concrete, Stone
Lot Description Level
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 4
Unit 1 Info Deck, Washer, Refrigerator, Range - Electric, Porch, Heat - Gas, Dryer
Unit 1 Lease Term Other
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 3900.00
Unit 1 Rental Amt Freq Other
Unit 1 Rooms 6
Unit 1 Status Leased
Unit 2 Baths 1
Unit 2 Bedrooms 5
Unit 2 Lease Term Other
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 5750.00
Unit 2 Rental Amt Freq Other
Unit 2 Rooms 7
Unit 2 Status Leased
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Other
Unit 3 Level Number 1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 2200.00
Unit 3 Rental Amt Freq Other
Unit 3 Rooms 4
Unit 3 Status Leased

Price History of 15-17 Schoolhouse Lane, Durham, NH

Date Name Price Difference
07/18/2024 Listing Price $1,275,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 15-17 Schoolhouse Lane, Durham, NH

Location Map Street View
Photo of Greg Estevez
Greg Estevez
REALTOR®
Direct: 603-930-6540
Office
57 Range Rd
Windham, NH 03087
603-893-7999

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lillian Montalto Signature Properties

Copyright 2024 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 09/11/2024