SoldOct 23, 2025

Listed and Bought with William Peck from Horvath & Tremblay LLC

Source: PrimeMLS #5041055

10 Lee Road, Madbury, NH, 03823

$2,350,000

23651 sq. ft.
1586891 sq. ft.

MultiFam

21 days on the market

Sold: Oct 23, 2025

What's around 10 Lee Road

About this property

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.

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Other property sold by Horvath & Tremblay LLC

SoldJun 20, 2025
$725,000
145 Indigo Hill Road
Somersworth NH 03878
Multi-Family
Listing courtesy of Horvath & Tremblay LLC

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