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$1,275,000
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Property Description
Welcome to 15-17 Schoolhouse Road. This building consists of 3 units and 11 bedrooms and sits just outside a major intersection, on campus, at The University of New Hampshire. This recently remodeled 2 Building property has minimal overhead, a tremendous rental history and is rented through Spring of 2025. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own good-sized bedroom-no sharing required. Second, all but one tenant has their own, individual, parking space - a rarity in the area. Third, each unit has their own in unit laundry. Lastly, with just a 5 minute walk to center of campus and 3 minutes to "downtown" the location is ideal and a perfect exchange for cramped dormitory living. With that, there has not been vacancy at the property in years, and it is currently rented through the 2025 school year. As a property owner, this property is equally attractive. With individual bedrooms for each tenant, vacancy has never been a problem. Further, the units have been recently upgraded, and are in fantastic condition. The units are spacious, however, not massive to invite large gatherings and they are designed for regular turnover. There is no deferred maintenance and given the lot size, landscaping and snow removal is minimal given the occupancy.
Full Property Details
Full Property Details for 15-17 Schoolhouse Ln
General
- Sold For: $1,275,000
- Taxes: $23,374 (2023)
- Status: Closed
- Type: Multi-Family
- Source: NNEREN
- MLS ID: 5005657
- Added to Site: 156 day(s) ago
Rental Information
- Lease Terms: Unit1=Other, Unit2=Other, Unit3=Other,
Interior
- Flooring: Carpet, Hardwood, Laminate, Tile
Exterior
- Color: Gray
Location
- County: Strafford
- Neighborhood: Commercial Zoning, Near Paths, Near Shopping
- Driving Directions: Boston Road to Wyman Road to Schoolhouse Lane
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Heating Fuel: Electric, Gas - LP/Bottle
Utilities
- Sewer: Public
- Separate Meters: Varies
- # Gas Meters: 1
- # Electric Meters: 4
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Bulkhead, Concrete, Interior Access
- Roof: Shingle - Asphalt
- Stories/Levels: 3
- Finished Total: 3,310 Sq. Ft.
- Finished Above Grnd: 3,310 Sq. Ft.
- Year Built: 1905
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 2
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Unit 1
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 5
Unit 3
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Frontage: TBD
- Street/Road Desc.: Paved, Public
- Driveway/Sidewalk: None
- Zoning: C
Financial Considerations
- Price Per Sq. Ft.: $385.2
- Tax Amount: $23,374
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Lease Agreements
- Lot Number: 70
Listed by Lillian Montalto Signature Properties, Todd Koss
Sold by BHG Masiello Durham, Colleen. Piel
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Schools
Schools serving 15-17 Schoolhouse Ln
School District:Oyster River Coop School District
Rating | Name | Grades | Distance |
---|---|---|---|
1 Coe Dr, Durham, NH 03824 | PK-8 | 0.4 mi | |
23 Mast Rd, Lee, NH 03861 | PK-5 | 4.5 mi | |
55 Coe Dr, Durham, NH 03824 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15-17 Schoolhouse Ln
Date
Details
Price
Change
Source
8/19/2024
Sold
$1,275,000
—
MLS
7/18/2024
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15-17 Schoolhouse Lane, Durham, NH 03824 (MLS# 5005657) is a Multi-Family property that was sold at $1,275,000 on August 19, 2024. Want to learn more about 15-17 Schoolhouse Lane? Do you have questions about finding other Multi-Family real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.