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39 New York St
Dover, NH 03820
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Configured as a duplex with two units: Unit 1 includes 4 bedrooms and 2 bathrooms; Unit 2 includes 2 bedrooms and 1 bathroom.
- Exterior construction is wood frame with vinyl siding and a stone foundation; roof is asphalt shingle.
Executive Summary
Introducing a prime investment opportunity in the highly sought-after Seacoast NH area: a meticulously-maintained multifamily property at 39 New York St, Dover. This historic 2,868 SF building, constructed in 1840, comprises 2 fully-leased units, ensuring a steady income stream for investors. Boasting an ideal location and 100% occupancy, this property presents a compelling proposition for savvy investors seeking a low-rise/garden development in the RM-U zone. With its great condition and desirable address, this property offers both immediate returns and long-term potential, making it a standout choice for multifamily investors looking to capitalize on the flourishing Seacoast NH market.
Property Facts
| Price Per Unit | $392,839 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 7.32% | Building Size | 2,980 SF |
| Sale Condition | Build to Suit | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1840 |
| Property Subtype | Apartment | Parking Ratio | 1.34/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-U | ||
| Price Per Unit | $392,839 CAD |
| Sale Type | Investment |
| Cap Rate | 7.32% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 2,980 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1840 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | RM-U |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
Site Amenities
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
Property Taxes
| Parcel Number | DOVR-004060 | Improvements Assessment | $654,546 CAD |
| Land Assessment | $173,405 CAD | Total Assessment | $827,951 CAD |
Property Taxes
Parcel Number
DOVR-004060
Land Assessment
$173,405 CAD
Improvements Assessment
$654,546 CAD
Total Assessment
$827,951 CAD
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