NH > Dover
Dover, NH 03820,66 Grove ST
Dover, NH 03820,66 Grove ST
Dover, NH 03820,66 Grove ST
Dover, NH 03820,66 Grove ST
Dover, NH 03820,66 Grove ST
Dover, NH 03820,66 Grove ST
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Charlotte Gill

Charlotte Gill

Listed by Tyler D Allen • New Space Real Estate, LLC
$ 850,000
Est. payment | /mo

8 Beds

4 Baths

3,451 SqFt

Save
$ 850,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,451 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,451 sqft

Price per Sqft $246

MLS Listing ID 5015929

Bedrooms 8

Full Baths 4

Construction Status Existing

Year Built 1890

Annual Tax Amount $11,005

Tax Year 2023

Lot Size 10,018 Sqft

Acres 0.23

Property Description

Prime Investment Opportunity in Downtown Dover – 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 addition 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. Don’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.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning RM-U

Rooms

Basement Entrance Interior

Basement Bulkhead, Concrete Floor

Interior

Heating Gas - Natural

Cooling None

Flooring Hardwood, Vinyl

Exterior

Utilities Available Cable

Roof Type Shingle - Architectural

Building

Story 3

Foundation Block, Brick, Poured Concrete

Sewer Public

Construction Status Existing

Schools

Elementary Schools Horne Street School

Middle Schools Dover Middle School

High Schools Dover High School

PrimeMLS

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Charlotte Gill

Broker

132 Main St, Bridgton, ME, 04009

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66 Grove ST