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27 Mill Pond RoadDurham, NH 03824Sale Price: $403,000

  • Sale Price: $403,000
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Federal 30-year interest rate: 7.04% last updated on Jan 16, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $388,000List Price
  • 2Bathrooms
  • 0.57Acreage
  • 2,294Square Feet

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Listed by Bean Group / Portsmouth (Cell: 603-969-4446)

Listing Sold by Bean Group / Portsmouth
**Investors Take Note** Great opportunity to own a 2 family walking distance to campus and downtown. This two unit building was once a dairy barn. Converted to student housing with each side allowing for no more than 3 unrelated persons. Current lease on side A with same students until May 2021 at $700/student. Lease on side B expires May 26, 2020 and a new lease is in place at $725/student starting Jun 2020-May 2021. Leases provided upon request. These rents are on the lower end for rentals in Durham. Owner pays all utilities and shares in plowing with neighbors. To access the property there is a shared driveway with three other homes. There are 6 parking spaces in front of the building. Both units can access separate attic space used for storage by tenants and landlord. Due to Consent Decree the over 1000 SF of attic space can not be converted to additional living space but can be used as storage. Numerous upgrades have occurred in past 8 years including: new roof, new siding, new windows in attic space, some bedrooms have new egress windows, water heater, washer/dryers and fence. Showings begin at Open Houses Saturday 2/1 11-1pm and Sunday 2/2 11:30-1:30.

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Copyright 2025 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 January 19, 2025 7:07 PM EST

 

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