53-55 Mill Road

Closed 5/4/12
Closed 5/4/12
Gallery Image 1
Sold
Last Sold Price
$355,000
8 beds3,942 sqft

53-55 Mill Rd, Durham, NH 03824

Multi FamilyProperty Type
0.3 acresLot Size
1938Year Built
$90/sq ftPrice per sq ft
2 carsParking Spaces

Description

Heres 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,...Heres 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.

    Sold By Central Falls Realty

    • Listed by: Nikki Douglass • Keller Williams Coastal Realty
    Listing closed: 05/04/2012 12:00 AM • Source: New England Real Estate Network, MLS#: 4126351
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    Recent comparable sales

    Median sold price

    $425,000

    Avg days on market

    73

    Sale-to-list ratio

    85.6%

    Durham, NH

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    $2,729 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,895

    Property Taxes

    $833

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    Property Information for 53-55 Mill Road

    Property Details

    • Taxes: $10,000 / year
    • MLS Type: Multi Family
    • County: Strafford County
    • Parking: Parking Spaces 5 - 10, Paved
    • Zoning: RA

    Building Information

    • Stories: 2
    • Residences: 3
    • Year Built: 1938
    • Lot Size: 0.30 AC / 13,068 SF

    Summary

    Location and General Information
    • Area Description: In Town, Near Shopping, Near Public Transportatn
    • City: Durham
    • County: NH-Strafford
    • Directions: Main Street Durham to right on Mill Road. Property is on the left. Corner of Mill Road and Oyster River Road.
    • Road Frontage: Yes
    • Seasonal: No
    • State: NH
    • Map: 6
    • Zip: 03824
    Taxes and HOA Information
    • Tax Expenses: $10,000.00
    • Tax - Gross Amount: $10,000.00
    • Tax Rate: 27.28%
    • Tax Year: 2011
    School Information
    • School - High: Oyster River High School
    • School - District: Oyster River Cooperative
    • School - Elementary: Mast Way School
    • School - Middle/Jr: Oyster River Middle School
    Parking
    • Garage: Yes
    • Garage Capacity: 2.00
    • Driveway: Paved

    Property

    Lot Information
    • Footprint: irregular
    • Lot: 3-36
    • Lot - Sqft: 13068.0
    • Lot Size Acres: 0.3
    • Road Frontage Length: 150.0
    • Square Feet Apx Finished Above Grade: 3448.0
    • Square Feet Apx Finished Below Grade: 494.0
    • Square Feet Apx Total Finished: 3942.0
    Property and Assessments
    • Current Use: No
    • Assessment Amount: $366,500
    • Assessment Year: 2010
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Concrete
    • PreConstruction: No
    • Surveyed: No
    • Year Built: 1938
    Utilities
    • Electric Company: PSNH
    • Cable Company: Comcast
    • Fuel Company: Downeast
    • Electric: 100 Amp, 200 Amp, Circuit Breaker(s)
    • Sewer: Public
    • Total Electric Meters: 4
    • Separate Utilities: Varies

    Interior and Exterior Features

    Exterior Features
    • Color: brick
    • Roads: Paved, Public
    • Roof: Shingle - Asphalt
    • Total Ranges: 3
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walkout
    • Basement Description: Apartments, Daylight, Full, Other, Stairs - Interior
    • Total Full Baths: 3
    • Baths - Full: 3
    • Equipment: Smoke Detectr-Hard Wired
    • Flooring: Hardwood
    • Heat Fuel: Oil
    • Heating: Hot Water
    • Total Refrigerators: 3
    • Total Stories: 2
    • Total Water Heaters: 1
    • Trash: Curbside, Municipal

    Multi Family

    Income & Expenses Information
    • Expenses - Insurance: $3,000.00
    • Expenses - Heat: $4,170
    • Expense - Utility: $200
    • Expenses - Maintenance: $500
    • Expenses - Snow: $400
    • Expenses - Trash: $.00
    • Operating Expense Incl: Heat, Insurance, Maintenance, Snow Removal, Water/Sewer
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 0
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 0
    • Total Heat Units: 1

    Unit Information

    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 3
    • Unit 1 Rental Agremnt: Yes
    • Unit 1 Lease Term: Annual
    • Unit 1 Level Number: 1&2
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Rooms: 7
    • Unit 1 Rental Amount: $2,100.00
    • Unit 1 Info: Appliances Included, Heat Included
    Unit 2
    • Unit 2 Lease Term: Annual
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 6
    • Unit 2 Rental Agremnt: Yes
    • Unit 2 Level Number: 1&2
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 3
    • Unit 2 Rental Amount: $2,100.00
    • Unit 2 Info: Appliances Included, Heat Included
    Unit 3
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 4
    • Unit 3 Level Number: B&1
    • Unit 3 Bedrooms: 2
    • Unit 3 Info: Appliances Included, Heat Included

    Rental

    Rent Information
    • Total Leases: 2
    • Rent Includes: Heat, Hot Water, Sewer, Trash, Water

    Property History for 53-55 Mill Road

    DateEvent & SourcePriceAppreciation
    May 4, 2012

    Sold

    New England Real Estate Network #4126351

    		$355,000—
    Jan 24, 2012

    Price Change

    New England Real Estate Network #4126351

    		$385,000—
    Jan 24, 2012

    Listed (Active)

    New England Real Estate Network #4126351

    		$365,000—
    DateEvent & SourcePrice
    05/04/2012

    Sold

    New England Real Estate Network #4126351

    $355,000
    01/24/2012

    Price Change

    New England Real Estate Network #4126351

    $385,000
    01/24/2012

    Listed (Active)

    New England Real Estate Network #4126351

    $365,000

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

    Schools near 53-55 Mill 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.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 53-55 Mill Road, Durham, NH 03824
    $355,000
    8
    3,942
    13,068
    50 Mill Road, Durham, NH 03824
    $838,000
    4
    2,040
    14,810
    55 Mill Road, Durham, NH 03824
    $355,000
    3
    4
    3,667
    19,602
    51 Mill Road, Durham, NH 03824
    $320,000
    3
    2,167
    22,215
    13 Oyster River Road, Durham, NH 03824
    $290,000
    3
    1.5
    1,228
    13,068
    1 Hoitt Drive, Durham, NH 03824
    $829,000
    3
    2,750
    12,196

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