Ignite FB Tracking Pixel10 Lee Road, Madbury, NH 03823 - Judy and Bob Holder
KW Coastal And Lakes & Mountains Realty
KW Coastal And Lakes & Mountains Realty
Judy and Bob Holder, KW Coastal And Lakes & Mountains RealtyPhone: (603) 801-4193
Email: [email protected]
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listing
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Listed by: David Garvey from KW Coastal And Lakes & Mountains Realty, 603-610-8500
Multi-FamilyFor Sale
$2,500,000
10 Lee Road
Madbury, NH 03823
MLS: Prime MLS
9,551Sq Ft
Est. Mortgage
$13,005/mo

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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Information courtesy of KW Coastal And Lakes & Mountains Realty is subject to verification and is not guaranteed.
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