Income Producing Properties around UNH
If you are thinking of investing in New Hampshire real estate take a look at the rental security that a University town like Durham NH has to offer. UNH always enrolls more students than it can house, leaving a large portion of the student body scrabbling for off-campus housing. A large percentage of our business is finding Durham NH Homes for our clients that can provide 100% occupancy when managed correctly. Contact us for a list of great student rental properties around the University of New Hampshire.
Here’s your opportunity to own an in-town multi unit Colonial style property! Built in 1938, this property is filled with charm and character with features including fireplaces in each unit, HW flooring, original wood doors and trim work, walkup attic space for storage, full basement, ample parking and more. The property includes 2 X 3 bedroom units each with a living room, formal dining room, kitchen and 1.5 baths. Additionally the property has a 2 bedroom accessory apartment complete with kitchen, bathroom and living room. Current maximum occupancy is six unrelated. Currently leased to six tenants at $700/bed/month. This is a great property in the heart of downtown Durham just a short walk to UNH, stores and restaurants. Great investment opportunity or owner occupy and subsidize your mortgage with tenant in the other two units.
Beautiful views of Oyster River and Beard’S Creek from this year-round cottage-style house with over 675’ of waterfront and within walking distance to downtown and UNH. Constructed in 2007, the riverfront home features warm natural wood interior and wood flooring. The 1st floor features a 12’ x 20’ family room with three walls of windows to take full advantage of water views. The 1st floor also host open kitchen, dining room, study, bath with whilpool tub and front to back deck. The 2nd floor offers two bedrooms with good closet space and a 3/4 bath. Full basement good for storage, lots of parking for cars, boats and an R/V. Quick access to Route 4, town ice rink and boat launch. Nice wooded peninsula setting. Fully permitted as a single lot(new deed to be recorded). Currently leased until June 2012.
Investors take note - 2 unit rental property in town Durham, walking distance to campus. Potentially $25,000 in annual income from rents, or live in the main house while renting out the back. 4 PARKING SPOTS ON SITE. Three bedroom 2 story home/rent in front and 4 bedroom unit in back, with approvals in hand from town for 4 person unrelated rental. Updates in both units include new windows, wired in smoke alarms, new washing machines, and new flooring. As well as other updates. Kerosene monitor heat in 4 bedroom unit costs less than $200/yr to heat. A well maintained building with all leases signed.
Location, Location, Location. Quality custom-built cape-style home in one of Durham’s most desirable neighborhoods. Nicely landscaped .90 acre. Hardwood floors and tile throughout the house except the family room. Front to back living room with a wood fireplace, formal dining room with chair rail and crown molding, family room with gas stove and sliders that open to a deck overlooking a private back yard. Two rooms and three quarter bathroom over the garage with a separate entrance, could be used for an in-house office, owner had rented the rooms in the past to students. A warm and inviting home, all in a dead-end street with town water and sewer. Walk to schools, UNH and downtown.
Sunny 3 Bedroom Cape with 2 car detached Garage with loft storage. Sited high above the road on nicely landscaped lot. Screen House next to goldfish pond. Formal Dining Room and Fireplaced living room. Family room with woodstove. Hardwood flooring. Close to UNH and local schools.Available as a Rental. $1800. plus Utilities.
Unique investment opportunity. Single family dwelling includes an accessory apartment. The units are available separately or for entire purchase. See MLS #4032674.All units are currently leased through June 2011.
Brand new townhouse style apartment currently under construction, available for June 1st. This 2 bedroom 1 1/2 bath apartment offers upgrades including granite countertops, hardwood flooring, and is located in town just minutes from stores, restaurants and schools. This is a Workforce Housing property. Applicant must meet income requirements. Call for more details.
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Brand new apartments currently under construction, available for June 1st. These two bedroomed apartments offer upgrades including granite countertops, HW flooring, and are located in town just minutes from stores, restaurants and schools. These are Workforce Housing units. Applicants must meet income guidelines.
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Small business service rental heat and water included. 5+ parking spaces, was hair salon, water behind wall easily brought to original state. Owner willing to make changes that would fit renters needs. Also see MLS# 2816929 for another opportunity at $850/month heat and water also included.
Copyright 2011 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.
