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Pending
  • Listed by: 

    Colleen Guillou,

    RE/MAX Bentley's 978-572-1200

    Price cut: $180.1K (6/25)
    $1,399,900

    224 Mast Road, Durham, NH 03824

    --beds
    --baths
    8,221sqft
    : 
    Multi Family
    Built in 1880
    -- sqft lot
    $1,322,000 Zestimate®
    $170/sqft
    $-- HOA

    What's special

    Generous parking optionsSpacious units
    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!
    85 days
    on Zillow
    |
    88
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 09:02am

    Listed by:

    Colleen Guillou,

    RE/MAX Bentley's 978-572-1200

    Source: PrimeMLS,MLS#: 5040781MLS Logo
    Travel times

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Dirt Floor,Interior Entry
    Interior area
    • Total structure area: 19,064
    • Total interior livable area: 8,221 sqft
    • Finished area above ground: 8,221
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Shared Driveway
    Features
    • Levels: 3
    • Frontage length: Road frontage: 999
    Lot
    • Size: 4 Acres
    • Features: Abuts Conservation, Near School(s)
    Details
    • Zoning description: ORLI

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cape
    • Property subtype: Multi Family
    Materials
    • Clapboard Exterior
    • Foundation: Fieldstone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: 1500+ Gallon, Private Sewer, Septic Tank
    • Water: Private
    • Utilities for property: Cable Available, Gas On-Site

    Community & HOA

    Location
    • Region: Durham

    Financial & listing details

    • Price per square foot: $170/sqft
    • Annual tax amount: $23,035
    • Date on market: 5/14/2025
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