15-17 Schoolhouse Lane

Durham, NH 03824

$1,275,000
Last Sold Price
11
Beds
3
Baths
3,310 Sq. Ft.
$385 / Sq. Ft.
3,310
Sq. Ft.
$385
per Sq. Ft.

Closed 8/19/24

Closed 8/19/24

Description

Welcome to 15-17 Schoolhouse Road. This building consists of 3 units and 11 bedrooms and sits just outside a major intersection, on campus, at The University of New Hampshire. This recently remodeled 2 Building property has minimal overhead, a tremendous rental history and is rented through Spring of 2025. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own good-sized bedroom-no sharing required. Second, all but one tenant has their own, individual,...Welcome to 15-17 Schoolhouse Road. This building consists of 3 units and 11 bedrooms and sits just outside a major intersection, on campus, at The University of New Hampshire. This recently remodeled 2 Building property has minimal overhead, a tremendous rental history and is rented through Spring of 2025. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own good-sized bedroom-no sharing required. Second, all but one tenant has their own, individual, parking space - a rarity in the area. Third, each unit has their own in unit laundry. Lastly, with just a 5 minute walk to center of campus and 3 minutes to “downtown” the location is ideal and a perfect exchange for cramped dormitory living. With that, there has not been vacancy at the property in years, and it is currently rented through the 2025 school year. As a property owner, this property is equally attractive. With individual bedrooms for each tenant, vacancy has never been a problem. Further, the units have been recently upgraded, and are in fantastic condition. The units are spacious, however, not massive to invite large gatherings and they are designed for regular turnover. There is no deferred maintenance and given the lot size, landscaping and snow removal is minimal given the occupancy.
  1. Listed by Todd Koss • Lillian Montalto Signature Properties

Sold By BHG Masiello Durham

Property Details for 15-17 Schoolhouse Lane

Zoning
C
LISTING UPDATED: 08/19/2024 09:23 PM

Property Details for 15-17 Schoolhouse Lane

StatusClosed
MLS #5005657
Days on Market11
Taxes$23,374 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1905
Lot Size0.19 AC / 8,276 SF
CountyStrafford County

Building Information for 15-17 Schoolhouse Lane

Stories3Residences3Year Built1905Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 15-17 Schoolhouse Lane

Summary
Location and General Information
  • Area Description: Commercial Zoning, Near Paths, Near Shopping
  • City: Durham
  • County: NH-Strafford
  • Directions: Boston Road to Wyman Road to Schoolhouse Lane
  • Latitude: 43.133345000001000
  • Longitude: -70.918775999999994
  • Road Frontage: TBD
  • Seasonal: Unknown
  • State: NH
  • Street Designation: Lane
  • Map: 108
  • Zip Code: 03824
Taxes and HOA Information
  • Tax - Gross Amount: $23,374.00
  • Tax Year: 2023
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: None
Property
Lot Information
  • Block: 0
  • Lot: 70
  • Lot - Sqft: 8276.0
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Square Feet Apx Finished Above Grade: 3310.0
  • Square Feet Apx Finished AG Source: Other
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Other
  • Square Feet Apx Total: 3310.0
  • Square Feet Apx Total Finished: 3310.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Other
  • Square Feet Apx Unfinished Below Grade: 0.0
  • Square Feet Apx Unfinished BG Source: Other
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Concrete, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1905
Utilities
  • Electric: 200 Amp
  • Sewer: Public
  • Water Source: Public
  • Utilities: None
  • Total Gas Meters: 1
  • Total Electric Meters: 4
  • Separate Utilities: Varies
  • Internet: None
Interior and Exterior Features
Exterior Features
  • Color: Gray
  • Construction Materials: Wood Frame
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Total Ranges: 3
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Interior Access
  • Total Full Baths: 3
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Heat Fuel: Electric, Gas - LP/Bottle
  • Heating: None
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 3
Multi Family
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 0
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 4
  • Unit 1 Lease Term: Other
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Other
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 6
  • Unit 1 Rental Amount: $3,900.00
  • Unit 1 Info: Deck, Dryer, Heat - Gas, Porch, Range - Electric, Refrigerator, Washer
Unit 2
  • Unit 2 Lease Term: Other
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 7
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Other
  • Unit 2 Bedrooms: 5
  • Unit 2 Rental Amount: $5,750.00
Unit 3
  • Unit 3 Lease Term: Other
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 1
  • Unit 3 Rental Amt Freq: Other
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $2,200.00
Rental
Rent Information
  • Total Leases: 3

Property History for 15-17 Schoolhouse Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15-17 Schoolhouse Lane

Taxable ValueLand$736,000Additions$405,300Total$1,141,300
Tax Record2023$23,374 ($1,948 / month)
Home Facts
Lot Size8,276 SqFtStyleMulti-Family Dwelling (2-4)ZoningCCountySTRAFFORDAPNDRHM M:108 L:70

Schools near 15-17 Schoolhouse Lane

This home is within Oyster River Coop School District.
Rating
School
Type
Grades
Distance
Mast Way School
Public - K to 4
Oyster River Middle School
Public - 5 to 8
Oyster River High School
Public - 9 to 12
Rating
School
Distance
Mast Way School
PublicK to 4

Oyster River Middle School
Public5 to 8

Oyster River High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Durham Village

Neighborhoods

Cities

ZIPs

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lillian Montalto Signature Properties

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/07/2024 08:16 PM