This listing courtesy of Paula Igoe , Arthur Thomas Properties
$2,750,000

275-279 Mast Road, Durham, NH 03824

  • 8 baths |
  • 8,484 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2010
  • Property Lot Size Icon1.97acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $324/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

An exceptional investment opportunity in the heart of Durham, consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham. This turn-key asset features 8 spacious residential units with 22 bedrooms and town approval for up to 27 student beds, offering a unique combination of strong cash flow, prime location, and future flexibility. The property also includes 40 on-site parking spaces, a rare amenity in this highly desirable rental market. A strong investment opportunity with a projected 8.46% cap rate, this property presents a solid, long-term investment in one of New Hampshire’s most sought-after college communities.

Listing Status:
Active
Date Added:
May 8, 2026
Data Last Updated:
May 26, 2026 at 8:01AM
Listing Office:
Arthur Thomas Properties : 603-413-6175
Listing Agent:
Paula Igoe : 603-978-4909 : paula@arthurthomasproperties.com
MLS ID:
5087830
  • Basement: FullSlabInterior AccessExterior Access
  • Flooring: CarpetHardwoodTile
  • A/C: None
  • Heating: Natural GasHot Water
  • Style: Multi-Family
  • Parking: On-SiteParking Spaces 21+Paved
  • Roofing: Asphalt Shingle
  • General: Wood FrameVinyl SidingConcrete
  • Road/Access: Public
  • School District: Oyster River Cooperative
  • County: Strafford
  • Driveway: Paved
  • Zoning: MUDOR
  • Utilities: Underground Gas
  • Water: Drilled Well
  • Sewer: Public

This listing courtesy of Paula Igoe , Arthur Thomas Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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