Listed by Talia Sperduto with Samonas Realty, LLC 603-319-8100
Under contract
26-28 Lincoln Street
Dover NH, 03820
$955,500
$216.37 per sqft
Under contract
9 Beds
4 Baths
4,416 sqft
Multi-family
Built in 1900
Investors take notice. This well maintained Dover 4-unit Nets $74,828 a year with a cap rate of 7.8%. 4 fully occupied units, with modern appliances, granite countertops, dishwashers, and washer/drier. Tenants enjoy separately metered utilities, off st parking and walkability to town. Strong rental history with multi-year tenants all current on rent. Excellent opportunity to increase cashflow by +/- $20,000 without updates or repairs by raising rents, and filling currently vacant storage and garage rentals on premise. 4 garage rentals, and 2 barn storage units on site. Extensive well documents capital improvements on major system's including roof, chimneys, & hot water heaters make this property an excellent end of the year purchase! See documents for further net operating income details. Private showings ready to be scheduled 12:30pm-2:30pm on Wednesday 12/11 and 11:30am-12:30pm on Friday 12/13. Call agent to make appointment.
5024143
MLSⓇ ID
December 9, 2024
Listed
December 16, 2024
Updated
Map
26-28 Lincoln Street
Dover NH, 03820
Interior Features
Bedrooms
9
Total Bathrooms
4
Floor Description
Carpet, Hardwood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Oil, Hot Water, Steam
Exterior/Building Features
Lot Size
0.22 Acres
Roof
Shingle - Asphalt
Sewer
Public
School Information
School District
Annual
High School
Dover High School
Elementary School
Horne Street School
Other Property Details
Area Name
NH-Strafford
Taxes
$13,743
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
4
Parking
Storage Above, Attached
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/16/2024 | Under contract | — |
Listed by Talia Sperduto with Samonas Realty, LLC 603-319-8100
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