224 Mast
Durham, NH 03824
- – beds
- – baths
- 8,221 sqft
- ~4 acre lot
- $192 per sqft
- 1880 build
- – on site
Perfectly situated just minutes from the University of New Hampshire, this well-maintained building offers an outstanding investment opportunity in a highly desirable rental market. A short drive to UNH, downtown Durham, shopping, dining, and public transportation. Easy access to major highways and surrounding areas. This multifamily building has been thoughtfully cared for, featuring spacious units and a strong rental history. The property consists of a mix of one and two-bedroom units, providing flexibility for a variety of tenants. The property is fully rented with reliable tenants, offering an immediate stream of rental income. Generous parking options for residents, ensuring convenience and accessibility. Durham is home to a thriving college town atmosphere with continued demand for housing, making this a solid, long-term investment. Whether you're looking to add a stable cash-flowing asset to your portfolio or seeking future potential for value-add improvements, this 11-unit multifamily property offers tremendous potential in one of New Hampshire's most sought-after locations. Rentals are under market value with opportunity for increased rental income. Don’t miss out on this rare opportunity—schedule a tour today!
Last checked:
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Last updated May 14, 2025
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MLS# 5040781 —
The Building
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Year Built:1880
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Clapboard Exterior
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Architectural Style:Cape, Farmhouse
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Roof:Shingle - Asphalt
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Foundation:Fieldstone
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Total Stories:3
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Total Units:11
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Approx SqFt Total:19064
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Approx SqFt Total Finished:8,221 Sqft
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Approx SqFt Finished Above Grade:8,221 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:10843
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public Maintained Road
Interior
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Basement:Yes
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Basement Description:Dirt Floor
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Basement Access Type:Interior
Location
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Directions:GPS
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Map:13
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Latitude:43.134869000000997
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Longitude:-70.964016000000001
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:14-1
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Lot Features:Abuts Conservation, Near School(s)
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Lot SqFt:174,240 Sqft
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Lot Acres:4 Sqft
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Zoning:ORLI
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Driveway:Common/Shared
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Road Frontage:Yes
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Road Frontage Length:999 Sqft
Listing Agent
- Contact info:
- Office phone:
- (978) 572-1200
Taxes
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Tax Year:2024
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Taxes TBD:Yes
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Tax - Gross Amount:$23,035
Beds
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Total 2 Bedroom Units:3
The Listing
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Price Per SqFt:192.19
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Forced Air
Utilities
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Utilities:Cable - Available, Gas - On-Site
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Sewer:1500+ Gallon, Private, Septic
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Electric:200 Amp
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Water Source:Private
Schools
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Elementary School:Mast Way School
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Middle Or Junior School:Oyster River Middle School
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High School:Oyster River High School
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School District:Oyster River Cooperative
The Community
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Covenants:No
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/14/25
May 14, 2025
|
Listed / Active | PRIME_MLS | $1,580,000 | |
|
12/4/13
Dec 4, 2013
|
Sold | PRIME_MLS |
