Listing courtesy of Talia Sperduto, Samonas Realty, LLC Phone: 603-319-8100
26-28 Lincoln Street, Dover, NH, 03820
17 rooms
9 beds
4 Full baths
1900
New Englander
4,416 sqft
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.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
CBD-R
Garage:
4-car Garage
Heating:
Oil, Hot Water, Steam
Cooling:
None
Basement:
Concrete Floor
Parking:
Storage Above, Attached
Acreage:
0.22
Est. Taxes:
$13,743
Assessment
$828,100
Lot Description:
Level
Elementary School:
Horne Street School
Middle School:
Dover Middle School
High School:
Dover High School
School District:
Dover School District SAU #11
MLS #:
5024143