Closed
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#: 5041055
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
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | $2,350,000+2.2%$193/sqft |
Source: | ||
| 6/5/2025 | Contingent | $2,300,000$189/sqft |
Source: | ||
| 5/15/2025 | Listed for sale | $2,300,000-8%$189/sqft |
Source: | ||
| 6/1/2024 | Listing removed | -- |
Source: | ||
| 2/20/2024 | Listing removed | $2,500,000$206/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 03823
Nearby schools
GreatSchools rating
- 7/10Moharimet SchoolGrades: K-4Distance: 0.3 mi
- 8/10Oyster River Middle SchoolGrades: 5-8Distance: 2 mi
- 10/10Oyster River High SchoolGrades: 9-12Distance: 2 mi
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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


