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39 New York St, Dover, NH 39 New York St 2 Unit Apartment Building $599,000 ($299,500/Unit) 4.55% Cap Rate Dover, NH 03820

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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 lowrise/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 $599,000
Price Per Unit $299,500
Sale Type Investment
Cap Rate 4.55%
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

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Gas Range
  • Walk-Up
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35955006

  • Date on Market: 5/22/2025

  • Last Updated:

  • Address: 39 New York St, Dover, NH 03820

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