224 Mast Road

Description

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. Septic in need of replacement and seller willing to contribute money back at closing toward new system. Don’t miss out on this rare opportunity—schedule a tour today!