20-22 New York Street, Dover, New Hampshire 03820

$346,000
1,946
SqFt

Listing Courtesy of : Darlene Colwell-Ellis ---- Keller Williams Coastal Realty/Dover 603-969-6632

Selling Office: Keller Williams Realty-Metropolitan

Sold Price
$346,000
List Price
$325,000
Status
CLOSED
MLS#
4882343
Closing Date
Feb 28, 2022
Living Area
1,946
Lot Size
6,098
Acres
0.14
Year Built
1900

Property Description

A Gem for the Experienced Investor! There's great value to be had here for the buyer who knows their way around older New England homes, and a chance to get into one of the HOTTEST rental markets in Southern NH. This historic duplex is located just minutes from the heart of downtown Dover NH, with its booming restaurant, business, and entertainment scene. Among young professionals in the Seacoast area, the "secret" is out: Portsmouth is for tourists and the independently wealthy. Dover is a place where real people can (and actually do) live, work and play! A thriving downtown, unparalleled recreational resources, and proximity to UNH keep this market hopping. As a buyer/investor, you could choose to keep the current tenants and the well-established existing income stream while maintaining and doing any necessary upgrades to the property, or give these two units a thorough "refresh", anticipating the ability to claim a stronger cash flow once completed. Likewise, a buyer could choose to occupy one unit, while allowing the income from the other to pay the mortgage, plus. Altogether, however one may approach it, this is a very manageable investment property in an unquestionably strong market, just waiting for the next owner to fully capitalize on the opportunity!

Additional Information

Tax Amount
$6,650
Listing Agent
Darlene Colwell-Ellis
Listing Office
Keller Williams Coastal Realty/Dover
Style
Duplex, Townhouse
School District
Dover
Number Stories
1.75
Exterior Features
Garden Space, Natural Shade
Electric
Circuit Breaker(s)
Exterior
Asbestos
Construction
Wood Frame
Basement
Dirt Floor
Flood Zone
Unknown
Garage And Parking
Driveway, On-Site, Parking Spaces 3, Unpaved
Foundation
Brick, Stone
Roads
Public
Driveway
Gravel
Sewer
Public
Units
2
Roof
Shingle - Asphalt
Zoning
RM-U
Heat Fuel
Gas - Natural
Water Heater
Electric
Heating And Cooling
Hot Water
Seasonal
No
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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