26-28 Lincoln ST Under Contract

Dover,NH 03820

$ 955500

9 Beds

4 Baths

4416 SqFt


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

Year Built 1900

Annual Tax Amount $13,743

Tax Year 2023

Lot Size 9,583 Sqft

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

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

Schools

Elementary Schools Horne Street School

Middle Schools Dover Middle School

High Schools Dover High School

School District Dover School District Sau #11

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