10 Lee Rd, Madbury, NH 03823 Homes for Sale

For Sale

$2,500,000

• 0 beds
• 0 baths
• 9551 Sq Ft

10 Lee Road,
Madbury, NH, 03823

Strafford

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Overview

Listing Status Active

MLS 4946238

Property Type

Other

Year built

1880

Total rooms

0

Lot size

36.43 Acres

Time on NeighborWho

405 days

Stories

-

Price per Sq Ft

$262

Parking

0e0 car garage

Basement

-

About 10 Lee Rd, Madbury, NH

This is an existing 10 unit property that is currently used for student housing, given its location close to the University. These are large units and are the only ones in the heart of Madbury. These 2, 3 and 4 bedroom units are well positioned with separate entrances, adjacent to a community park, and on the bus route for Coast. The existing unit... income, provides cash flow while potentially adding a new building for which approvals are in place. With plenty of parking on site and easy walking distance to miles of trails, the elementary school and associated community ball fields, this property has a lot of benefits. Only a 5 minute drive the University of New Hampshire Campus, and to Dover, and 15 minutes to the Portsmouth Circle, this is ideally located in the Seacoast for student or conventional non-student housing. This invesment opportunity comes with approvals to be constructed as a single building with 10 units; consisting of 4, 3, and 2 bedroom units to be built. Read more

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