Seller's Agent in 2021
Todd Koss
Realty One Group Next Level
(978) 873-3072
5 in this area
55 Total Sales
15 Main St Durham, NH 03824
7
Beds
5
Baths
2,616
Sq Ft
0.25
Acres
Highlights
- Wood Flooring
- Enclosed Patio or Porch
- 5-minute walk to Durham Town Landing & Old Landing Park
- Mast Way School Rated A-
- Hot Water Heating System
About This Home
As of April 2021Welcome to “Stonegate”. This recently remodeled stand alone property with minimal overhead has tremendous rental history and is rented through Spring of 2022. Located on campus at the University of New Hampshire it consists of 7 bedrooms, housing 10 tenants, with 5 full baths.As a tenant, this property is very attractive. First, there is a mix of single and shared bedrooms and 2/1 tenant to bathroom ratio.Second, each tenant has their own, individual, parking space. Third, with just a 5 minute walk to center of campus and 2 minutes to “downtown” the location is ideal and a perfect exchange for cramped dorm living.As an owner, this property is very attractive. First, it has not had vacancy in ages and the it is rented through Spring of 2022. Second, the tenants pay all utilities. Third, property was remodeled in 2016 with upgrades to the kitchen and baths. Lastly, there is only 1 roof and 1 set of mechanicals to maintain with no deferred maintenance.
Last Agent to Sell the Property
Realty One Group Next Level License #071803 Listed on: 11/04/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,558
Year Built
- Built in 1935
Lot Details
- 0.25 Acre Lot
- Lot Sloped Up
Parking
- Paved Parking
Home Design
- Rooming House
- Brick Exterior Construction
- Poured Concrete
- Tar and Gravel Roof
Interior Spaces
- 5 Full Bathrooms
- 2-Story Property
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Laminate
- Slate Flooring
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Hot Water Heating System
- Heating System Uses Oil
- 220 Volts
- Oil Water Heater
- Cable TV Available
Community Details
- Operating Expense $36,124
- Gross Income $110,000
- Net Operating Income $70,576
Listing and Financial Details
- Legal Lot and Block 2 / 2
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $950,000 | -17.4% | $363 / Sq Ft |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $1,150,000 | -- | $440 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Todd Koss
-
Michael Allen
Buyer's Agent in 2021
Michael Allen
Allen Family Real Estate
(603) 969-6082
13 in this area
95 Total Sales
Map
Source: PrimeMLS
MLS Number: 4837301
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