275-279 Mast Rd

Durham, NH 03824

$2,750,000
Price
—
Beds
8,484 Sq. Ft.
$324 / Sq. Ft.
8,484
Sq. Ft.
$324
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Active Under Contract
Active Under Contract

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...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.
  1. Listed by Paula Igoe • Arthur Thomas Properties

Property Details for 275-279 Mast Road

Zoning
MUDOR
LISTING UPDATED: 07/23/2026 07:11 PM

Property Details for 275-279 Mast Road

StatusActive Under Contract
MLS #5087830
Days on Market75
Taxes$37,683 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built2010
Lot Size1.97 AC / 85,813 SF
CountyStrafford County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Arthur Thomas Properties
Add your commute

Building Information for 275-279 Mast Road

Stories2Residences8Year Built2010Building Size-Lot Size1.97 AC / 85,813 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$17,118 per month

30 year fixed, 6.55% Interest

Principal and Interest

$13,978

Property Taxes

$3,140

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 275-279 Mast Road

Summary
Location and General Information
  • City: Durham
  • County: NH-Strafford
  • Latitude: 43.143574515362729
  • Longitude: -70.945440271163946
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Road
  • Map: 210
  • Zip Code: 03824
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 20
  • Lot: 00
  • Lot Features: Level, Secluded, Trail/Near Trail, Near Shopping, Near Public Transport, Near School(s)
  • Lot Size Acres: 1.97
  • Total Finished Area: 8484.0
  • Above Grade Finished Area: 8484.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 0.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 85813.0
  • Total Area: 8484.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 2010
  • School District: Oyster River Cooperative
  • High School: Oyster River High School
  • Middle/Jr School: Oyster River Middle School
Utilities
  • Electric: 100 Amp Service, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Drilled Well
  • Utilities: Underground Gas
  • Total Gas Meters: 3
  • Total Electric Meters: 9
  • Separate Utilities: No
  • Internet: Fiber Optic Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Asphalt Shingle
  • Total Ranges: 8
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Slab, Interior Access, Exterior Access
  • Total Full Baths: 8
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Natural Gas, Hot Water
  • Cooling: None
  • Total Refrigerators: 8
  • Total Stories: 2
  • Total Water Heaters: 3
  • Trash: Dumpster
Multi Family
Income & Expenses Information
  • Gross Income: $303,086.00
  • Net Income: $232,935.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Sewer, Snow Removal, Trash, Utilities
  • Operating Expense: $70,151
Multi-Family Information
  • Total Units: 8
  • Total 1 BR Units: 1
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 5
  • Total Heat Units: 3

Property History for 275-279 Mast Road

DateEvent & SourcePriceAppreciation
Jul 22, 2026

Active Under Contract

New England Real Estate Network #5087830

—
May 8, 2026

Listed (Active)

New England Real Estate Network #5087830

$2,750,000—
Mar 31, 2026

Expired

New England Real Estate Network #5040821

—
DateEvent & SourcePrice
07/22/2026

Active Under Contract

New England Real Estate Network #5087830

—
05/08/2026

Listed (Active)

New England Real Estate Network #5087830

$2,750,000
03/31/2026

Expired

New England Real Estate Network #5040821

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 275-279 Mast Road

Taxable ValueLand$262,500Additions$1,316,900Total$1,579,400
Tax Record2022$45,866 ($3,822 / month)
Home Facts
Baths3Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size85,834 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningMUDORCountySTRAFFORDAPNDRHM M:210 L:20

Schools near 275-279 Mast Road

This home is within Oyster River Coop School District.
Rating
School
Type
Grades
Distance
Mast Way School
Public - K to 4
Oyster River Middle School
Public - 5 to 8
Oyster River High School
Public - 9 to 12
Rating
School
Distance
Mast Way School
PublicK to 4

Oyster River Middle School
Public5 to 8

Oyster River High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Arthur Thomas Properties

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 07/30/2026 07:35 AM