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.
Active
Listed by:
William Peck,
Horvath & Tremblay LLC 781-776-4000
$2,300,000
10 Lee Road, Madbury, NH 03823
--beds
--baths
12,149sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
- 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#: 5041055

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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