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  • Listed by: 

    William Peck,

    Horvath & Tremblay LLC 781-776-4000

    $2,300,000

    10 Lee Road, Madbury, NH 03823

    --beds
    --baths
    12,149sqft
    : 
    Multi Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $189/sqft
    $-- HOA

    What's special

    10 Lee Road contains three 2-story multi-family buildings and contains ten residential units comprised of four 2-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units and four 4-Bedroom/1-Bathroom units. The large units with ample bedrooms are perfect for UNH students living off campus or recent graduates. There are currently multiple units occupied by UNH students. The Property features ample on-site parking with thirty-seven spaces and has an on-site laundry facility. Each unit is separately metered for electricity which the Tenants pay directly. The Tenants are responsible for electric heat and hot water in units 5 through 10. The Landlord is responsible for common area electric, oil-fired heat and hot water in units 1 through 4, and maintaining private well and septic. The Property offers a value-add component through the redevelopment of the existing two-unit dwelling at the rear of the Property. The building currently houses two units and has been approved for the redevelopment of the building to accommodate an eleven unit multi-family building, increasing the unit count by nine residential units.
    9 days
    on Zillow
    |
    545
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 15, 2025 at 05:25am

    Listed by:

    William Peck,

    Horvath & Tremblay LLC 781-776-4000

    Source: PrimeMLS,MLS#: 5041055MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 10 Lee Road.

    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Heating
    • Oil, Electric
    Cooling
    • Other
    Features
    • Basement: Unfinished,Walk-Out Access
    Interior area
    • Total structure area: 23,651
    • Total interior livable area: 12,149 sqft
    • Finished area above ground: 12,149

    Property

    Features
    • Levels: Two
    Lot
    • Size: 36.43 Acres
    • Features: Other
    Details
    • Zoning description: RA

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Other
    • Roof: Shingle - Asphalt
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: On-Site Well Exists
    • Utilities for property: Phone

    Community & HOA

    Location
    • Region: Madbury

    Financial & listing details

    • Price per square foot: $189/sqft
    • Annual tax amount: $28,289
    • Date on market: 5/15/2025
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