Courtesy Of Todd Koss Of Lillian Montalto Signature Properties
Sq.Ft.3,653
Year1920
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Status:
Active
Property Type:Multi-Family
MLS #:4836653
Sq. Feet:3,653
On Site:82 Days
County:Strafford
3 updated apartments in the heart of downtown Durham, on campus at the University of New Hampshire. These 3 apartments sit a top of Ciao Italia restaurant, with easy access to all locations and activities on campus. This condominium consists of 3 units, totaling 5 bedrooms, 3 bathrooms that houses 8 tenants. 2 units are 2 bedrooms, and 1 unit is a 1 bedroom. As a tenant, you are right in the mix of everything. Stepping outside puts you right on Main st, with food, retail stores, and anything else you need. Within minutes, you can be at any of the campus buildings for class, food and recreation. As an owner, these apartments are very attractive. First, they have not had vacancy in ages. Second, the tenants pay all utilities and the building has no deferred maintenance. Third, the boiler was installed in early 2020, and the unit were updated recently. Lastly, there is limited maintenance with no outside common areas to manage.
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Price Change History
Date | Old Price | New Price | Percent Change |
1/5/2021 | $775,000 | $650,000 | -16.1% |
Community Information
Address:58 Main St Durham, NH 03824
County:Strafford
City:Durham
Zip Code:03824
Architecture
Year Built:1920
Stories:1
Style:Multi-Family
Exterior: Brick
Total Heat Units: 1
Unit 1: 2 beds, 1, bath, level 1. Rent: $24 (paidMonthly). Status: Leased
Unit 2: 1 bed, 1, bath, level 1. Rent: $165 (paidMonthly). Status: Leased
Unit 3: 2 beds, 1, bath, level 1. Rent: $2 (paidMonthly). Status: Leased
Roof: Tar and Gravel
Foundation: Poured Concrete
Basement: Unfinished
Features / Amenities
Flooring: Hardwood, Tile
Heating: Electric
Heat Fuel: Electric
Water Heater: Electric, Tank
Square Footage
Finished Sq. Ft. | |
Above Grade | 3653 |
Below Grade | 0 |
Total | 3653 |
Property Features
Lot Description: Corner, Level
Lot: 4
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Roads: Public
Zoning:CB
Directions:Pettee Brook Ln to Main St
Tax and Financial Info
Tax - Gross Amount: $16,000
Tax Year: 2020
Gross Income: $70,422
Net Income: $42,892
Operating Expense: $27,530
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58 Main St Durham, NH 03824
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