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Listed by Davis B McVay • Keller Williams Realty Evolution • Phone: 978-729-1102
$549,000
Est. payment /mo
4 Beds
2 Baths
1,820 SqFt
Open House
Sat Jul 25, 1:00pm - 2:30pm
Wed Jul 29, 4:30pm - 6:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $301
MLS Listing ID 5101414
Bedrooms 4
Full Baths 2
Construction Status Existing
Year Built 1900
Annual Tax Amount $7,413
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Whether you're looking to add another property to your portfolio or purchase your first investment, 48 New York Street is an opportunity you won't want to overlook. This fully occupied two-family home offers immediate cash flow with both units currently rented, generating $4,250 per month in rental income. Even better, tenants pay all utilities except water and sewer, helping keep operating expenses low. The home features upper and lower units, each offering 2 bedrooms, 1 full bathroom, and a bonus room that provides added flexibility for a home office, guest space, or additional living area. With practical layouts and established tenants already in place, this is a true turnkey investment. Outside, you'll find a low-maintenance lot and off-street parking for two vehicles, making ownership simple while providing everyday convenience for tenants. Located just minutes from downtown Dover, the property is close to restaurants, shopping, parks, the waterfront, and major commuter routes, making it a location that continues to attract strong rental demand. Whether you're expanding an established portfolio, completing a 1031 exchange, or taking your first step into multifamily investing, 48 New York Street checks all the boxes. Strong rental income, low-maintenance ownership, and a prime Dover location make this a smart investment with immediate returns and long-term potential.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning CBD
Rooms
Basement Entrance Interior
Basement Concrete Floor, Full, Interior Stairs, Unfinished, Basement Stairs
Interior
Cooling None
Exterior
Utilities Available Cable
Roof Type Shingle
Building
Story 2
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
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