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
Architectural Style New Englander
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