NOT LISTED FOR SALE

17 Schoolhouse Ln Durham, NH 03824

11 Beds
4 Baths
3,359 Sq Ft
9,148 Sq Ft Lot

Last Sold March 12, 2020

Last sale price $749,900 $223 Per Sq Ft

30 Days on Market

Highlights

  • Zoned Heating
  • Hot Water Heating System
  • 4-minute walk to Durham Town Landing & Old Landing Park
  • Mast Way School Rated A-

About This Home

As of March 2020

Investors take note! This three unit building is located in the heart of Durham within walking distance to downtown and the University of New Hampshire. Strong student rental history with positive cash flow. Unit 1 on first floor has four bedrooms, one bath, and a washer and dryer. The unit has granite counters in the kitchen. The flooring is vinyl plank in the common area and carpet in the bedrooms. Unit 2 on the second and third floor have five bedrooms (one Double), two bathrooms, and a washer and dryer. The flooring is vinyl plank in the common area and carpet in the bedrooms. Unit 3 is a separate building on the back of the property(#17 Schoolhouse). Unit 3 has two bedrooms, and one bathroom. The unit has granite counters in the kitchen. The flooring is vinyl plank in the common area and carpet in the bedrooms. Listing Agent is related to the seller.

Last Agent to Sell the Property

Russell Smith

KW Coastal and Lakes & Mountains Realty License #073442 Listed on: 09/24/2019

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Patti Kemen

Great Island Realty LLC License #009918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,324

Year Built

  • Built in 1905

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,359 Sq Ft Home
  • 3-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Parking

  • 110 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • Unassigned Parking

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Liquid Propane Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 9 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,324

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Dover Rd turn on to Schoolhouse lane address is large grey building on right. From Newmarket Rd turn on to Schoolhouse lane address is large grey building on left.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 223.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4395
  • Sq Ft - Apx Total Finished: 3359
  • Year Built: 1905
  • Remarks Public: Investors take note! This three unit building is located in the heart of Durham within walking distance to downtown and the University of New Hampshire. Strong student rental history with positive cash flow. Unit 1 on first floor has four bedrooms, one bath, and a washer and dryer. The unit has granite counters in the kitchen. The flooring is vinyl plank in the common area and carpet in the bedrooms. Unit 2 on the second and third floor have five bedrooms (one Double), two bathrooms, and a washer and dryer. The flooring is vinyl plank in the common area and carpet in the bedrooms. Unit 3 is a separate building on the back of the property(#17 Schoolhouse). Unit 3 has two bedrooms, and one bathroom. The unit has granite counters in the kitchen. The flooring is vinyl plank in the common area and carpet in the bedrooms. Listing Agent is related to the seller.
  • List Agent: 16767
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Concrete Floor, Crawl Space, Dirt Floor, No Tenant Access, Partial, Sump Pump, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 3359
  • Sq Ft - Apx Unfinished BG: 1036

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Clapboard
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Parking Spaces 1 - 10, Paved, Unassigned

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle, Off Boiler, On Demand
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Hot Water, Multi Zone
  • Separate Utilities: Varies
  • Total Heat Units: 2
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 2
  • Trash: Owner, Private
  • Utilities: Cable - Available, Gas - Lp/Bottle, Telephone Available

Schools

  • School District: Oyster River Cooperative

Lot Info

  • Map: 05
  • Lot: 9
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot, Neighbor Business
  • Surveyed: Yes
  • Zoning: C
  • Deed Book: 3459
  • Deed Page: 421
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 4
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 14324
  • Tax Year: 2018

MLS Schools

  • School District: Oyster River Cooperative

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $749,900 -21.1% $223 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $950,000 -- $283 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4778040

PrimeMLS