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10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823
10 Lee Road Madbury NH 03823

10 Lee RoadMadbury, NH 03823Price: $3,000,000

  • Price: $3,000,000
  • Est. Mortgage of $/month
  • 76 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,000,000List Price
  • 36.43Acreage
  • 9,551Square Feet
This is an existing 10 unit property with an additional 11 units approved in the Madbury center. The approvals lose 2 existing units for a net of 19 total units. These 3 and 4 bedroom units are ideal for student housing (current use) or could be market rate family housing. The existing income (NOI) is very strong providing income while adding a new building. 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. The building with approvals to be constructed will include 1 single building with 10; 4, 3, and 2 bedroom units to be built.
Listed by KW Coastal and Lakes & Mountains Realty

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Copyright 2023 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 June 4, 2023 8:24 PM EDT

 

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