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Listed by: Paula Igoe | Arthur Thomas Properties (603) 413-6175
$2,750,000
Monthly Est:$13,688
-- Bed
-- Bath
8,484sqft
275-279 Mast Rd, Durham, NH 03824
$2,750,000
$13,688/moEst:
Get Pre-Approved
Multi Family
Built in 2010
$-- HOA
1.97 acres lot
$324/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: July 23, 2026 at 7:11 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5087830
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2010
HOA Fees
-
Finished Area
8,484 sqft
Lot Size
1.97 acres lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5087830
MLS Status
(31) Under Contract - Active Under Contract
Days on Market
152
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
None
Flooring
Carpet, Hardwood, Tile
Heating
Natural Gas, Hot Water
Construction
Year Built
Year Built: 2010
Home type
Multi Family
Foundation Details
Concrete
Property Condition
Existing
Roof
Asphalt Shingle
Construction Materials
Wood Frame, Vinyl Siding
Architectural Style
Multi Family
Utilities & Energy
Parking Features
On Site, Parking Spaces 21+, Paved
Basement
Full, Slab, Interior Entry, Exterior Entry
Electric
100 Amp Service, Circuit Breakers
Water Source
Drilled Well
Utilities
Underground Gas
Other Features
Lot Features
Level, Secluded, Trail/near Trail, Near Shopping, Near Public Transit, Near School(s)
Price History
| Date | Event | Price |
|---|---|---|
07/23/2026 Source: | Contingent (Active Under Contract) | $2,750,000 $324/sqft |
02/05/2026 Source: | Off Market | $2,750,000 $324/sqft |
07/10/2025 Source: | Listed for Sale | $2,750,000 +25.00% $324/sqft |
07/29/2020 Source: | Sold | $2,200,000 $259/sqft |
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Based on information from PrimeMLS Inc. through Oct 07, 2026, 06:00AM. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 Oct 07, 2026, 06:00AM. © 2026 PrimeMLS, Inc. All Rights Reserved.
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