50 Madbury Road, Durham, NH 03824

Building Details

Year Built

1935

Listing office Compass New England, LLC b***@compass.com Show Phone

Listing date Jun 30, 2026

Source Laerrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Compass New England, LLC

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Overview

This well-maintained boarding house is currently configured to house eight students. The property is operated as a residential income use, with a proven student rental setup in place and ongoing use supporting its day-to-day functionality.

Set on a large lot with parking, the property offers practical on-site convenience. It is described as walkable to downtown, giving it an easy, local accessibility advantage for tenants who rely on nearby amenities and services.

For buyers seeking a small student housing asset, this property provides an immediate, purpose-built boarding arrangement for eight residents rather than a generic residential conversion. The listing also notes a current NOI of $64,000 and directs buyers to the broker for financial information. Investors and owner-operators can review operating history and current income details through the broker to determine fit and next steps based on their underwriting and business plan.

Suggested Use

Hair Salon Building Supply Dental Office Auto Repair Shop Discount Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Auto Parts Store Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Durham

County

Strafford

State

New Hampshire

Longitude

-70.9260018

Latitude

43.1402525

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FAQs

What type of property is this?

Apartment building - Well-maintained boarding house set up for eight students, with parking on a large lot near downtown.

Where is this apartment building located?

The property is located at 50 Madbury Road Durham, NH.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Boarding house built in 1935, currently set up for eight students; Well‑maintained property used as a student boarding house with on‑site parking; Large lot with parking and within walking distance to downtown