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  • Listed by: Lillian Montalto Signature Properties • Todd Koss
    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
    $1,282,900 Zestimate®
    $385/sqft
    $1,979 Estimated rent

    Home value

    $1,282,900

    $1.18M - $1.37M

    $1,979/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:

    Listing updated:

    Listed by:

    Todd Koss,

    Lillian Montalto Signature Properties 978-475-1400

    Bought with:

    Colleen Piel

    BHG Masiello Durham

    Source: PrimeMLS,MLS#: 5005657MLS Logo

    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 Square Feet
    • 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 & HOA

    Location
    • Region: Durham

    Financial & listing details

    • Price per square foot: $385/sqft
    • Tax assessed value: $662,700
    • Annual tax amount: $23,374
    • Date on market: 7/18/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/19/2024Sold$1,275,000$385/sqft
    Source: PrimeMLS #5005657 Report a problem
    7/30/2024Contingent$1,275,000$385/sqft
    Source: PrimeMLS #5005657 Report a problem
    7/18/2024Listed for sale$1,275,000+70%$385/sqft
    Source: PrimeMLS #5005657 Report a problem
    3/12/2020Sold$749,900-21.1%$227/sqft
    Source: PrimeMLS #4778040 Report a problem
    11/10/2019Listing removed$950,000$287/sqft
    Source: Keller Williams Coastal Realty #4778040 Report a problem
    10/25/2019Pending sale$950,000$287/sqft
    Source: Keller Williams Coastal Realty #4778040 Report a problem
    9/24/2019Listed for sale$950,000$287/sqft
    Source: Keller Williams Coastal Realty #4778040 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$18,377 $662,700
    2023$18,377 $662,700
    2022$18,377 $662,700
    2021$18,377 $662,700
    2020$18,377 +27.8%$662,700 +26.4%
    2019$14,382 +2.4%$524,300
    2018$14,051 +12.5%$524,300 +28.7%
    2017$12,486 +3.1%$407,500
    2016$12,115 +2.6%$407,500 +3%
    2015$11,809 -2.2%$395,600
    2014$12,074 +0.4%$395,600
    2013$12,030 -10.3%$395,600 -16.8%
    2011$13,409 +3.4%$475,500
    2010$12,972 +1%$475,500
    2009$12,839 +1.2%$475,500
    2008$12,682 +29.7%$475,500 +37.3%
    2007$9,777 $346,200
    Find assessor info on the county website

    Neighborhood: 03824

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,282,900
    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
    $1,282,900