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5 Mast Road, Lee, NH 03861
$198,000
5 Mast Road, Lee, NH 03861View this property at 5 Mast Road, Lee, NH 03861
5 Mast RoadLeeNH03861
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Property Description
Investment opportunity awaits with this recently rebuilt mixed use building with newly paved ample parking. Located in the heart of Lee on route 155 within minutes to major commuter routes on Rtes 4, 125 and approx. 4 miles from UNH. This is an opportunity for an investor to consider many options - commercial/retail lease on the 1st level with 2 residential leases on 2nd level; owner occupied business with rental income from the upper units; convert to single family or business. Property has a newly installed septic system, sprinkler system, and handicap parking spaces. First floor is sheet rocked, 2nd floor is framed out. Both are ready to quickly finish for investment income.
Full Property Details
Full Property Details for 5 Mast Rd
General
- Sold For: $198,000
- Taxes: $9,816 (2018)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4740692
- Added to Site: 1, 883 day(s) ago
Exterior
- Color: Gray
Parking
- Parking: Off Street, Parking Spaces 11 - 20, Paved
Location
- County: Strafford
- Driving Directions: Rte 155, next door to the Lee Town Hall
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Other
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Septic
- Water: Drilled Well
Structural Information
- Architectural Style: Multi-Family
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Year Built: 1955
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 1.46
- Lot Size (Sq. Ft.): 63,598
- Frontage: Yes Road Frontage
- Frontage Feet: 175
- Street/Road Desc.: Paved
- Driveway/Sidewalk: Paved
- Zoning: RES
- Lot Description: Level, Major Road Frontage, Other
Financial Considerations
- Assessment Year: 2018
- Assessment Amount: $321,100
- Tax Amount: $9,816
- Tax Year: 2018
Disclosures and Reports
- Block: 6
- Lot Number: 20
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Schools
Schools serving 5 Mast Rd
School District:Oyster River Coop School District
Rating | Name | Grades | Distance |
---|---|---|---|
23 Mast Rd, Lee, NH 03861 | PK-5 | 0.3 mi | |
1 Coe Dr, Durham, NH 03824 | PK-8 | 4.6 mi | |
55 Coe Dr, Durham, NH 03824 | 9-12 | 4.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Mast Rd
Date
Details
Price
Change
Source
9/16/2019
Sold
$198,000
-17.47%
MLS
7/23/2019
Price Reduced
$239,900
-4%
MLS
3/15/2019
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Mast Road, Lee, NH 03861 (MLS# 4740692) is a Multi-Family property that was sold at $198,000 on September 16, 2019. This property was listed by NellAnn Hiatt from our Portsmouth Office.Want to learn more about 5 Mast Road? Do you have questions about finding other Multi-Family real estate for sale in Lee? You can browse all Lee real estate or contact a Coldwell Banker agent to request more information.