Durham NH Multi Family Properties for Sale
Durham NH is a tranquil community with many Colonial homes, rolling hills and waterfront recreational areas. The University of New Hampshire is the pulse of this charming town, which is noted for its esteemed Oyster River School District. Search below for Durham NH multi family properties for sale...
PRIME LOCATION & FANTASTIC INVESTMENT OPPORTUNITY! $100,000 Gross Annual Income from 5 Units/14 student residents. Consistent occupancy rates. 5+level acres of desirable Durham location with approvals in place for an additional 24 residents. Great cash flow and solid expansion potential. An estimated GAI of $162,700 is projected to be added to existing income upon completion of expanded housing. Partial Seller Financing to qualified buyers. Well maintained and managed.
Here’s your opportunity to own an in-town multi unit Colonial style property! Built in 1938, this property is filled with charm and character with features including fireplaces in each unit, HW flooring, original wood doors and trim work, walkup attic space for storage, full basement, ample parking and more. The property includes 2 X 3 bedroom units each with a living room, formal dining room, kitchen and 1.5 baths. Additionally the property has a 2 bedroom accessory apartment complete with kitchen, bathroom and living room. Current maximum occupancy is six unrelated. Currently leased to six tenants at $700/bed/month. This is a great property in the heart of downtown Durham just a short walk to UNH, stores and restaurants. Great investment opportunity or owner occupy and subsidize your mortgage with tenant in the other two units.
Investors take note - 2 unit rental property in town Durham, walking distance to campus. Potentially $25,000 in annual income from rents, or live in the main house while renting out the back. 4 PARKING SPOTS ON SITE. Three bedroom 2 story home/rent in front and 4 bedroom unit in back, with approvals in hand from town for 4 person unrelated rental. Updates in both units include new windows, wired in smoke alarms, new washing machines, and new flooring. As well as other updates. Kerosene monitor heat in 4 bedroom unit costs less than $200/yr to heat. A well maintained building with all leases signed.
-3 Bedroom Cape with legal studio apartment. Beautiful fenced corner lot. Walk to town or UNH. Hardwood, wood burning fireplace and LL laundry. Studio with sleeping loft and 3/4 bath.
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