Seller's Agent in 2021
Susan Kenyon
KW Coastal and Lakes & Mountains Realty/Dover
(603) 285-3125
33 in this area
130 Total Sales
10
Beds
4
Baths
4,192
Sq Ft
4,356
Sq Ft Lot
About This Home
As of July 2021Potential, Potential, Potential! Investors take notice. The third floor within the two center units are being underutilized and there is a lot of room to increase the earning potential. The roof is about five years old and the siding work has been started for you. There are some long term tenants that have been in the building for 10+ years and two of the units have been updated. The current rents are well under market and the current cap rate is at 5.9%. And, the project cap rate could be approximately 10.2% at fair market rents. This property will be a great addition to any investors portfolio. Whether you are just starting out or you are adding a great asset to your portfolio, this property should be analyzed immediately. Only an eight minute walk from downtown and it's only close to commuter roads.
Last Listed By
KW Coastal and Lakes & Mountains Realty/Dover License #072629 Listed on: 05/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,023
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Lot Sloped Up
Parking
- On-Street Parking
Home Design
- Converted Dwelling
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 4,192 Sq Ft Home
- 2.5-Story Property
Unfinished Basement
- Connecting Stairway
- Interior Basement Entry
- Dirt Floor
Schools
- Dover Middle School
- Dover High School
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Gas Available at Street
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 4 Units
Listing and Financial Details
- Tax Block 19
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $459,000 | -14.5% | $109 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $537,000 | 0.0% | $128 / Sq Ft |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- |
| 05/03/2021 05/03/21 | For Sale | $537,000 | -- | $128 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Susan Kenyon
-
Seller Co-Listing Agent in 2021
Steven Blase
KW Coastal and Lakes & Mountains Realty
-
Tim Fontneau
T
Buyer's Agent in 2021
Tim Fontneau
Century 21 NE Group
(603) 312-0607
1 in this area
48 Total Sales
Map
Source: PrimeMLS
MLS Number: 4858637
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