Bought with Martha Baroody • RE/MAX On the Move/Hampton
$380,000
$395,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Broadway Dover, NH 03820
2,490 SqFt
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Cape,Multi-Level
Listing Status Sold
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $152
MLS Listing ID 4843365
Sold Date 03/01/21
Style Cape,Multi-Level
Construction Status Existing
Year Built 1875
Annual Tax Amount $4,219
Tax Year 2019
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Cape,Multi-Level
Property Description
Here's an excellent opportunity to own an income property in downtown Dover NH. Mixed use with retail space with exposure and road frontage, two 1-bedroom apartments on the second floor that are both currently rented and producing income. There's also more square footage on the ground floor in the back. This could be an expansion to the first floor retail space, or use it for yourself as the owner of the property. As an investor, cash flow is one thing, capitol improvements are another. Not to worry, the current own has brought this property back from the dead. Starting below grade and up, many major systems have been dealt with professionally. The basement with a new floor, insulation, and a sump system. New plumbing, wiring, heating, hot water, siding, roofing, parking lot, the 100% remodel of one of the apartments. Come see for yourself why this property will continue to make money for many years to come. Downtown location, off-street parking, well maintained, cash flow, and low maintenance. A perfect property to add to your portfolio or get one started. The Dover Assessors card says 3 units. There's 3-4 depending on use.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning CBD
Rooms
Basement Entrance Interior
Basement Concrete Floor, Insulated, Stairs - Interior, Storage Space, Sump Pump, Unfinished
Interior
Heating Electric, Oil
Cooling Individual
Flooring Laminate
Exterior
Exterior Feature Aluminum, Vinyl Siding
Garage Description Assigned, Driveway, Off Street, Parking Spaces 2
Utilities Available High Speed Intrnt -AtSite, Internet - Cable, Multi Phone Lines
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Shingle - Architectural,Shingle - Asphalt
Building
Lot Description City Lot, Level
Story 1.5
Foundation Brick, Stone
Sewer Public
Water Public
Construction Status Existing
Schools
Middle Schools Dover Middle School
High Schools Dover High School
School District Dover School District Sau #11
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