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  • Listed by: 

    William Peck,

    Horvath & Tremblay LLC 781-776-4000

    Bought with: Horvath & Tremblay LLC
    $2,350,000

    10 Lee Road, Madbury, NH 03823

    --beds
    --baths
    12,149sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $2,393,000 Zestimate®
    $193/sqft
    $2,365 Estimated rent

    Home value

    $2,393,000

    $2.15M - $2.66M

    $2,365/mo

    Zestimate® history
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    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.

    Zillow last checked: 8 hours ago

    Listing updated: October 24, 2025 at 04:49am

    Listed by:

    William Peck,

    Horvath & Tremblay LLC 781-776-4000

    Bought with:

    William Peck

    Horvath & Tremblay LLC

    Source: PrimeMLS,MLS#: 5041055MLS Logo

    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
    • Finished area below ground: 0

    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: Asphalt Shingle
    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 & neighborhood

    Location
    • Region: Madbury

    Price history

    DateEventPrice
    10/23/2025Sold$2,350,000+2.2%$193/sqft
    Source: PrimeMLS #5041055 Report a problem
    6/5/2025Contingent$2,300,000$189/sqft
    Source: PrimeMLS #5041055 Report a problem
    5/15/2025Listed for sale$2,300,000-8%$189/sqft
    Source: PrimeMLS #5041055 Report a problem
    6/1/2024Listing removed--
    Source: PrimeMLS #4946238 Report a problem
    2/20/2024Listing removed$2,500,000$206/sqft
    Source: PrimeMLS #4946238 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 03823

    Nearby schools

    GreatSchools rating
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    Estimated market value$2,393,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,393,000