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(603) 382-7979
Real Estate Company
29-31 Silver St, Dover, NH 03820
- $679,900
- 2,894
- SqFt
Listing courtesy of Paula Igoe from Arthur Thomas Properties. ()
- List Price
- $679,900
- Status
- ACTIVE
- MLS#
- 5114074
- Subtype
- Residential Income
- Style
- Multi-Family
- Year Built
- 1800
- Living Area
- 2,894
- Lot Size
- 5,227
- Acres
- 0.12
Property Description
**INVESTMENT OPPORTUNITY IN DOWNTOWN DOVER!** Ideally situated on a desirable corner lot along Silver Street, this well-maintained multifamily property offers immediate rental income, attractive operating expenses, and future investment potential. Located within walking distance of downtown Dover, this property features two spacious residential units, with one currently leased at $2,425 per month and the second vacant and ready to lease, with a previously established rent of $2,650 per month. Tenants are responsible for heat, hot water, electricity, and the majority of water and sewer expenses, helping minimize ownership costs. The property has benefited from numerous improvements, including updated electrical service, plumbing improvements, and a newer roof on a portion of the building. Both units offer in-unit laundry, generous living spaces, and attractive architectural details, including hardwood and wide-pine flooring. **Zoned CBD-M (Central Business District Mixed Use),** the property offers potential flexibility for future residential or professional office uses, subject to municipal approvals. Its proximity to downtown restaurants, shopping, Henry Law Park, the University of New Hampshire, and major commuter routes makes this an appealing rental location. Whether expanding an existing portfolio or seeking a well-located investment with additional upside, 29–31 Silver Street presents an excellent opportunity in Dover's growing downtown market. Broker Interest.
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Additional Information
- Taxes
- $11,584
- Property Description
- Multi-Family
- Zoning
- CBD-M
- Flooring
- Hardwood
- Heating
- Natural Gas, Steam
- Air Conditioning
- None
- Levels
- Two and One Half
- Roof
- Shingle, Asphalt
- Foundation
- Brick/Mortar, Stone
- Parking Features
- Assigned, Driveway, On Site
- School District
- Dover School District SAU #11
- Middle School
- Dover Middle School
- High School
- Dover High School
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