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$2,500,000
18 Days Online

10 Lee Road
Madbury, NH 03823

For Sale|Multi-Family|Active
County:
Strafford
Listing courtesy of David Garvey of KW Coastal and Lakes & Mountains Realty: ?
Call Now: (603) 249-6333
Is this the home for you? We can help make it yours.
(603) 249-6333
10 Lee Road10 Lee Road10 Lee Road10 Lee Road
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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.

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Listing Snapshot
Price 
$2,500,000
Days Online 
18 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,551 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
36.43 Acres
Year Built 
1880
MLS Number 
4946238
Status 
Active
Property Tax 
$24,509
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS
3 weeks agoListing first seen online
General Features
Style 
Colonial
Construction 
Wood Frame
Water 
Drilled WellOn-Site Well Exists
Sewer 
Other
Foundation 
ConcreteFieldstone
Interior Features
Water Heater 
Electric
Heating 
Hot Water
Heat Fuel 
Oil
Electric 
200 AmpCircuit Breaker(s)
Cooling 
None
Appliances 
Water Heater – Electric
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Exterior Features
Lot Features 
Corner
Roof 
Shingle - Asphalt
Exterior 
Vinyl Siding
Driveway 
Paved
Community Features
Roads 
Paved
Listing courtesy of David Garvey of KW Coastal and Lakes & Mountains Realty: ?



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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-03-02 07:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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