Closed
Listed by:
Todd Koss,
Lillian Montalto Signature Properties 978-475-1400
Bought with: BHG Masiello Durham
$1,275,000
15-17 Schoolhouse Lane, Durham, NH 03824
11beds
3,310sqft
Multi Family
Built in 1905
-- sqft lot
$1,351,800 Zestimate®
$385/sqft
$2,579 Estimated rent
Home value
$1,351,800
$1.23M - $1.49M
$2,579/mo
Zestimate® history
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What's special
Welcome to 15-17 Schoolhouse Road. This building consists of 3 units and 11 bedrooms and sits just outside a major intersection, on campus, at The University of New Hampshire. This recently remodeled 2 Building property has minimal overhead, a tremendous rental history and is rented through Spring of 2025. This property is extremely attractive to tenants for a few key reasons: First, each tenant has their own good-sized bedroom-no sharing required. Second, all but one tenant has their own, individual, parking space - a rarity in the area. Third, each unit has their own in unit laundry. Lastly, with just a 5 minute walk to center of campus and 3 minutes to “downtown” the location is ideal and a perfect exchange for cramped dormitory living. With that, there has not been vacancy at the property in years, and it is currently rented through the 2025 school year. As a property owner, this property is equally attractive. With individual bedrooms for each tenant, vacancy has never been a problem. Further, the units have been recently upgraded, and are in fantastic condition. The units are spacious, however, not massive to invite large gatherings and they are designed for regular turnover. There is no deferred maintenance and given the lot size, landscaping and snow removal is minimal given the occupancy.
Zillow last checked: 8 hours ago
Listing updated: August 19, 2024 at 02:23pm
Listed by:
Todd Koss,
Lillian Montalto Signature Properties 978-475-1400
Bought with:
Colleen Piel
BHG Masiello Durham
Source: PrimeMLS,MLS#: 5005657
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Propane, Electric, None
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Laminate, Tile
- Basement: Bulkhead,Concrete,Interior Access,Interior Entry
Interior area
- Total structure area: 3,310
- Total interior livable area: 3,310 sqft
- Finished area above ground: 3,310
- Finished area below ground: 0
Property
Features
- Levels: 3
Lot
- Size: 8,276 sqft
- Features: Level, Near Paths, Near Shopping
Details
- Parcel number: DRHMM5B4L9
- Zoning description: C
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete, Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None, No Internet
Community & neighborhood
Location
- Region: Durham
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $1,275,000$385/sqft |
Source: | ||
| 7/30/2024 | Contingent | $1,275,000$385/sqft |
Source: | ||
| 7/18/2024 | Listed for sale | $1,275,000+70%$385/sqft |
Source: | ||
| 3/12/2020 | Sold | $749,900-21.1%$227/sqft |
Source: | ||
| 11/10/2019 | Listing removed | $950,000$287/sqft |
Source: Keller Williams Coastal Realty #4778040 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $18,377 | $662,700 |
| 2023 | $18,377 | $662,700 |
| 2022 | $18,377 | $662,700 |
Find assessor info on the county website
Neighborhood: 03824
Nearby schools
GreatSchools rating
- 8/10Oyster River Middle SchoolGrades: 5-8Distance: 0.4 mi
- 10/10Oyster River High SchoolGrades: 9-12Distance: 0.6 mi
- 7/10Moharimet SchoolGrades: K-4Distance: 2.6 mi

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Sell for more on Zillow
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$1,351,800
2% more+ $27,036
With Zillow Showcase(estimated)
$1,378,836
