Immaculate Dover 4 unit!

Multi-Family for Sale
Catylist Listing ID: 30737109
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,016 SF
Gross Building Area: See Agent
Sale Price: $675,900
Unit Price: $168,975 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 6/7/2021

Overview / Comments

Finally! A fresh, new and exciting multi family listing to hit the Dover market! This is a fine example of quality and is a perfect investment opportunity. This 4 unit property was built in 1985 and has been kept in fantastic condition. These units were built originally as condos and began life as such. Over time, they were bought by one person and converted into a 4 unit rental property before the current owner, but could be reverted back rather easily.
These units are all identical in layout and offer open first floors with spacious kitchens and ample living room space. The second floors have 2 very large bedrooms that both feature cathedral ceilings and storage closets. In between the bedrooms you'll find a full bathroom with tub/shower combo and single basin sink and vanity.
Due to the original use and concept as condos, these units are all separated already. The gas and electric all have separate meters for each unit while water/sewer is joint and currently paid by landlord. Each unit features its own private basement. Unfinished but with poured concrete floors, full height ceilings, laundry hookups and plenty of space for storage or recreation.
There are two driveways that offer plenty of off street parking for all four units. Each unit has spaces for 2 cars plus on-street parking if needed.
You cannot beat this location with short walking distance to all that downtown has to offer, all while retaining that quiet neighborhood street feel. You cannot forget the fact that this property is located directly across from the public park for all your outdoor activities!
This property is a rare gem and will not last long on the market. An NDA will be required for any additional information regarding financials or lease agreement access. Showings begin 6/8 by appointment only. Masks required to enter units.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $9,718 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 27099-B00000
Zoning: RM-U
Percent Occupied: 100%
Community Amenities: Restaurant(s), Play Ground
Property Located Between: Central Ave and Broadway
Site Description: Corner lot. Baker and East Concord
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 2
Year Built: 1985
Construction/Siding: Vinyl Siding
Parking Description: Approx 2 cars per unit plus on-street.
Total Parking Spaces: 10
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Baseboard
Fuel: Gas
Internet Access: Cable
Interior Description: Each unit is identical layout. First floor kitchen and living. Second floor is two large bedrooms with full bath in between. Large basement in each unit with laundry hookups.
Zoning Description: RM-U. This property is in residential neighborhood within walking distance to downtown.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,654 32,037 69,103
Median Age: 32.67 36.52 35.78
Households: 3,510 13,585 25,812

Contact

Photograph of Listing Agent

Arthur J Pappas

Keller Williams Coastal Realty
NECPE Member
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