$850,000
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66 Grove Street Dover, NH 03820
Multi-Family
Residence
Beds
Baths
3,451
Sq. Ft.
0.23
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Prime Investment Opportunity in Downtown Dover â?? 4-Unit Building with a 7.63% CAP Rate! Welcome to 66 Grove Street, a well-maintained 4-unit multi-family property offering an attractive 7.63% CAP rate in the heart of Dover, NH. This property provides a solid income stream and is a perfect additio...n to any investment portfolio. All units feature in-unit laundry for tenant convenience, making this property highly appealing in the rental market. With the landlord responsible for water & sewer and common area electric, tenant-paid utilities help keep operating costs low. Two of the units are occupied by tenants with housing assistance vouchers, ensuring reliable, consistent monthly income directly from their respective housing authorities. Key Features: - Four units with in-unit laundry & tenant paid utilities; - Two tenants on housing assistance, providing steady subsidized rent; - Landlord covers only water & sewer, and common electric utilities; - Ample off-street parking for tenants; - Strong rental history with potential for rent increases; - Located minutes from downtown Dover and local amenities; - Easy access to Route 16 for commuters; This property offers an excellent balance of convenience, low-maintenance management, and financial stability. Donâ??t miss this chance to own a solid investment with dependable cash flow and long-term appreciation potential! Showings begin at OPEN HOUSE 9/29/24 from 12:00 - 2:00. Agent interest.
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MLS#
5015929
Property Type
Multi-Family
Year Built
1890
Square Feet
3,451
sq. ft
Price per Sq. Ft.
$246.31
Lot Size
0.23
Sewer
Public Sewer
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