SQUARE FEET8,484
MLS#5087830
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLOyster River Cooperative
Listing Courtesy of:
Arthur Thomas Properties
Agency Phone: 603-413-6175
Associate Name: Paula Igoe
Property Description
An exceptional investment opportunity in the heart of Durham, consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham. This turn-key asset features 8 spacious residential units with 22 bedrooms and town approval for up to 27 student beds, offering a unique combination of strong cash flow, prime location, and future flexibility. The property also includes 40 on-site parking spaces, a rare amenity in this highly desirable rental market. A strong investment opportunity with a projected 8.46% cap rate, this property presents a solid, long-term investment in one of New Hampshire's most sought-after college communities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Slab, Interior Access, Exterior Access
Cooling: None
Heating: Natural Gas, Hot Water
Home Style: Multi-Family
Lot Size: 1.97 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $37,683
Year Built: 2010
Feature Descriptions
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 26
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: Unknown
Flooring: Carpet, Hardwood, Tile
Foundation: Concrete
Foundation: Concrete
Lot: Level, Secluded, Trail/Near Trail, Near Shopping, Near Public Transportatn, Near School(s)
Parking: On-Site, Parking Spaces 21+, Paved
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 8484
Total Stories: 2
Units: 8
Water: Drilled Well
Zoning: MUDOR
Local Schools
High School: Oyster River High School
Middle School: Oyster River Middle School
School District: Oyster River Cooperative
Listed By / Shown By
Listed By
Agency Name: Arthur Thomas Properties
Agent Name: Paula Igoe
Agency Phone: 603-413-6175
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 10,062.64 per month $6,120.31 Principal & Interest $3,140.25 Property Tax $802.08 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-06-03 15:58:01 
275-279 Mast Road | MLS# 5087830
This multi-family property located at 275-279 Mast Road, Durham, NH 03824 is currently listed for sale with an asking price of $2,750,000. 275-279 Mast Road is located within the Oyster River Cooperative school district. Search Durham real estate on www.masiellogrouprealestate.com today.