224 Mast Rd, Durham, NH 03824

$1,250,000
8,221
SqFt

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Listing courtesy of Colleen Guillou from RE/MAX Bentley's. ()

Listing sold by from EXP Realty

Sold Price
$1,250,000
List Price
$1,395,000
Status
CLOSED
Closing Date
Jun 03, 2026
MLS#
5081915
Subtype
Residential Income
Style
Cape Cod, Farmhouse
Year Built
1880
Living Area
8,221
Lot Size
174,240
Acres
4

Property Description

Perfectly situated just minutes from the University of New Hampshire, this well-maintained building offers an outstanding investment opportunity in a highly desirable rental market. A short drive to UNH, downtown Durham, shopping, dining and public transportation. Easy access to major highways and surrounding areas. This multifamily building has been thoughtfully cared for, featuring spacious units and a strong rental history. The property consists of a mix of one and two-bedroom units, providing flexibility for a variety of tenants. The property is fully rented with reliable tenants, offering an immediate stream of rental income. Generous parking options for residents, ensuring convenience and accessibility. Durham is home to a thriving college town atmosphere with continued demand for housing, making this a solid, long-term investment. Whether you're looking to add a stable cash-flowing asset to your portfolio or seeking future potential for value-add improvements, this 11-unit multifamily property offers tremendous potential in one of New Hampshire's most sought-after locations. Rentals are under market value with opportunity for increased rental income. Septic in need of replacement and seller willing to contribute money back at closing toward new system. Don’t miss out on this rare opportunity—schedule a tour today!

Additional Information

Property Description
Cape Cod, Farmhouse
Zoning
ORLI
Heating
Forced Air
Air Conditioning
None
Levels
Three Or More
Roof
Asphalt
Foundation
Fieldstone
School District
Oyster River Cooperative
Elementary School
Mast Way School
Middle School
Oyster River Middle School
High School
Oyster River High School

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