Courtesy Of Todd Koss Of Lillian Montalto Signature Properties

58 Main St

Durham, NH 03824 View Map $650,000 Schedule a Tour
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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

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

Schools

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58 Main St Durham, NH 03824
GO SEE THIS LISTING
58 Main St Durham, NH 03824
 
ASAP
Wed
20
Jan
Thu
21
Jan
Fri
22
Jan
Sat
23
Jan
Sun
24
Jan
Mon
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Jan
Tue
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Jan
Choose Your Date -- It's Free, Cancel Anytime
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Listing provided courtesy of Todd Koss, Lillian Montalto Signature Properties.