40 Young Dr, Durham, NH 03824
Commercial property for sale
Contact info
- 603-781-8392 [Office]
Description
The units at Young drive have proven to be a valued commodity by students of UNH for over 40 years.The property's unique combination of attributes includes outdoor recreation space, privacy, close proximity to downtown and campus and ample off street parking. There are nine duplexes with a total of 18 units. Each townhouse style unit contains 3 bedroom, one full bath and two, 1/2 baths. The units are each rented for $29,000 annually and the lease term runs from June 1st through mid-May.When the development was approved in the late sixties 18 lots were approved for construction. Since only 9 duplexes were built, the 9 vacant lots are now subject to new waterfront and zoning guidelines and will need approvals to be built on. Buyers need to sign a non-disclosure agreement to receive financial information on the property. Please allow for a 48 hour notice for showings Building price details: $3,400,000.
Property Details
- Building Name:Young Drive
- Type: Multifamily
- Use Types:Student Housing
- Status: Available
- Year Built: 1967
- MSA: Boston-Cambridge-Quincy
- Zoning: Coe's Corner
- Buildings: 9
- Broadband Internet: Cable
Exterior Features
- Parking Type: Surface
Terms
- Cash to Seller