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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



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.
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 | Building Class | C |
| Price Per Unit | $299,500 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 2,980 SF |
| Cap Rate | 4.55% | 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 | $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
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Walk Score®
Very Walkable (89)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
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39 New York St, Dover, NH | 39 New York St
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