39 New York St, Dover

Multi-Family for Sale
Catylist Listing ID: 30856100
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Number of Units: 2 Units
Building Size (RSF): 2,868 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 Acres
Sale Price: $675,000
Unit Price: $337,500 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,868 SF
Sale Terms: Cash to Seller
Cap Rate: 4.04%
Average Occupancy Rate: 100
Last Updated: 9/26/2023

Overview / Comments

Currently fully leased, this charming 39 New York Street property provides a chance for the investor or for the future owner occupier to own a piece of Dover's thriving downtown. The units have been updated and the property has seen good maintenance over a long period of time. There's plenty of off street parking for the tenants convenience. Located just steps from downtown Dover's dining, shopping, and cultural attractions, this gem with top-rated schools nearby invites you to experience the perfect blend of character and convenience, as well as good returns. Don't miss this rare opportunity; schedule your viewing today!


Finance Data Year 2023
Real Estate Taxes - Annual($) $9,128 (Annual)
Tax Value Land $112,600
Tax Value Improvements $347,500
Assessed Value - Total($) $460,100 (Annual)
Gross Operating Income $49,484 (Annual)
Net Operating Income $27,238 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 4-60-0-0
Zoning: RM-U
Percent Occupied: 100%
Property Located Between: Broadway and Central Ave
Highway Access: Route 16 (Spaulding Turnpike) Interstate 95 (I-95)
Airports: Pease International Tradeport
Site Description: Nestled in the heart of Dover, New Hampshire, 39 New York Street offers a unique blend of historic charm and modern living. It is located within the thriving downtown of the historic city of Dover, providing easy access to diverse dining options, and cultural attractions.
Area Description: The location is ideal, with top-rated schools and recreational facilities close by. Commuters will appreciate the convenience of being near major transportation routes, making neighboring cities and the lakes and beaches easily accessible. Downtown with all of its associated amenities is within a short walk.
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 2
Year Built: 1840
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl Sided, neat and clean. Well maintained.
Parking Type: Surface
Parking Description: Parking here is a breeze with its private driveway leading to parking area that accommodates multiple vehicles for off street parking. Additionally, there is ample on street parking available, ensuring convenience for residents and guests. Whether you have a family with multiple vehicles or enjoy entertaining guests, this property offers hassle-free parking solutions, making your daily life even more convenient.
Laundry: In Each Unit
Sprinklers: None
Heat Type: Propane
Heat Source: Other
Fuel: Propane
Air Conditioning: Other
Internet Access: Cable
Interior Description: Clean and updated with very spacious rooms. Updated and plenty of convenience.
Zoning Description: RM-U
Lot Frontage: 39
Lot Depth: varied
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple
Legal Description: 5049/856

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,148 32,037 69,904
Median Age: 33.13 36.52 35.65
Households: 4,267 13,585 26,147
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