10 Lee Road

Madbury NH 03823

23651 sq. ft.

1586891 sq. ft.

Multi-Family

Last sold for $2,350,000

William Peck, last sold this property on 23 October 2025 after -18 days on market.

Overview

10 Lee Road contains three 2-story multi-family buildings and contains ten residential units comprised of four 2-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units and four 4-Bedroom/1-Bathroom units. The large units with ample bedrooms are perfect for UNH students living off campus or recent graduates. There are currently multiple units occupied by UNH students. The Property features ample on-site parking with thirty-seven spaces and has an on-site laundry facility. Each unit is separately metered for electricity which the Tenants pay directly. The Tenants are responsible for electric heat and hot water in units 5 through 10. The Landlord is responsible for common area electric, oil-fired heat and hot water in units 1 through 4, and maintaining private well and septic. The Property offers a value-add component through the redevelopment of the existing two-unit dwelling at the rear of the Property. The building currently houses two units and has been approved for the redevelopment of the building to accommodate an eleven unit multi-family building, increasing the unit count by nine residential units.

Features

23651 sq. ft. floor area

1586891 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Madbury over the last 12 months.

Property history for 10 Lee Road

2025

Sold

$2,350,000

23 Oct 2025 by William Peck, of Horvath & Tremblay LLC

Happy sellers in Madbury

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