26-28 Lincoln ST Under Contract Save Request In-Person Tour Request Virtual Tour
Dover,NH 03820
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,416 sqft
Price per Sqft $216
MLS Listing ID 5024143
Bedrooms 9
Full Baths 4
Construction Status Existing
Year Built 1900
Annual Tax Amount $13,743
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Description
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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning CBD-R
Rooms
Basement Entrance Interior
Basement Concrete Floor
Interior
Cooling None
Flooring Carpet,Hardwood
Exterior
Garage Spaces 4.0
Garage Description Storage Above,Attached
Utilities Available Cable - Available
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Stone
Sewer Public
Construction Status Existing
Schools
Elementary Schools Horne Street School
Middle Schools Dover Middle School
High Schools Dover High School
School District Dover School District Sau #11