Bought with Denise Sassaman • Bean Group / Portsmouth
$403,000
$388,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
2,294 SqFt
SOLD DATE : 03/20/2020
Key Details
Sold Price $403,000
Property Type Multi-Family
Sub Type Gambrel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,294 sqft
Price per Sqft $175
MLS Listing ID 4791914
Sold Date 03/20/20
Style Gambrel
Bedrooms 6
Full Baths 2
Construction Status Existing
Year Built 1900
Annual Tax Amount $9,757
Tax Year 2019
Lot Size 0.570 Acres
Acres 0.57
Property Description
**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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning RA
Rooms
Basement Entrance Walkout
Basement Bulkhead, Crawl Space, Exterior Access
Interior
Heating Oil
Cooling None
Exterior
Exterior Feature Vinyl
Garage Description Driveway, On-Site, Parking Spaces 6+
Utilities Available Internet - Cable
Roof Type Shingle - Asphalt
Building
Lot Description Landscaped
Story 1
Foundation Stone
Sewer Public
Water Public
Construction Status Existing
Schools
School District Oyster River Cooperative
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