6
Beds
2
Baths
2,192
Sq Ft
6,970
Sq Ft Lot
Highlights
- Colonial Architecture
- Corner Lot
- Storm Windows
- Wood Flooring
- Covered patio or porch
- Baseboard Heating
About This Home
As of June 2024INVESTORS TAKE NOTE! You need to add this maintenance-free two-unit property to your long-term portfolio. With a 5.24% Cap rate, it is a wise investment. Very Well Kept Corner Lot Multi with nothing left to do but collect your rents from long-term tenants. Both units are spacious with 3BR/1BA and while the character has been maintained, each has been renovated and maintained. Separate utilities. Both units have access to the basement where they share a washer & dryer for convenience. Unit 1 has hardwood flooring and tile throughout and Unit 2 has newly refinished hardwood flooring. There is a nice fenced in yard with a large covered porch for relaxing and rear patio. Improvement History: Exterior Vinyl siding, 2 new high efficiency heating systems, 2 on-demand hot water heaters, 2 electrical panels, old steam radiators were all removed and forced HW baseboards installed, new shower/tub installed in Unit 1, both sets of exterior stairs were rebuilt, all smoke detectors replaced in Unit 1, Roof was replaced 11 years ago with METAL, Shingles, & Rubber Membrane, all windows are replacement, and the 6+ car parking was repaved within the last 4 years. Get a start into property investment--LIVE IN ONE UNIT and RENT THE OTHER! Perfect way to wean into home ownership. The property is outlined by beautiful brick paver sidewalks. Walkable to Downtown Dover. Easy access to NH-16. Easy commute to Portsmouth, Maine & Boston. Come see for yourself! 24-hour notice for showings please.
Last Agent to Sell the Property
EXP Realty Brokerage Phone: 603-289-0340 License #067861
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,323
Year Built
- Built in 1880
Lot Details
- 6,970 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Duplex
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Membrane Roofing
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 2.5-Story Property
- Storm Windows
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Interior Basement Entry
Parking
- 110 Car Parking Spaces
- Shared Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Covered patio or porch
Schools
- Woodman Park Elementary School
- Dover Middle School
- Dover High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- Gas Available
- Internet Available
- Cable TV Available
Listing and Financial Details
- Exclusions: Any furnisinigs or personal items belonging to tenants.
- Tax Block 46
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Gas Meters
- Operating Expense $18,674
- Gross Income $51,840
- Net Operating Income $33,166
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jun 3, 2024
Sold by
Bratt Justin M and Bratt Jason L
Bought by
Susslin Ryan and Masson Gabrielle A
Seller's Agent
Mary Jane Watterson
EXP Realty
Buyer's Agent
Kirstin Lang
RE/MAX Innovative Bayside
List Price
$633,000
Sold Price
$665,000
Premium/Discount to List
$32,000
5.06%
Total Days on Market
7
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,192
Avg. Annual Appreciation
0.80%
Original Mortgage
$631,750
Outstanding Balance
$626,606
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,586
Purchase Details
Closed on
Jan 5, 2023
Sold by
Tons Re Llc
Bought by
Bratt Justin M and Bratt Jason L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 31, 2001
Sold by
Clereszynski Edward R and Clereszynski Donna L
Bought by
Smith Robert H and Smith Bridget F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
7.18%
Purchase Details
Closed on
Jul 16, 1996
Sold by
Celli Vincent F
Bought by
Hutchins Donna Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.98%
Map
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Similar Homes in Dover, NH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $665,000 | None Available | |
| Warranty Deed | $665,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $169,900 | -- | |
| Warranty Deed | $169,900 | -- | |
| Warranty Deed | $94,000 | -- | |
| Warranty Deed | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $631,750 | Purchase Money Mortgage | |
| Closed | $631,750 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $191,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $135,900 | No Value Available | |
| Previous Owner | $75,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $665,000 | +5.1% | $303 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $633,000 | +30.5% | $289 / Sq Ft |
| 12/15/2020 12/15/20 | Sold | $485,000 | 0.0% | $221 / Sq Ft |
| 10/24/2020 10/24/20 | Pending | -- | -- | -- |
| 10/18/2020 10/18/20 | For Sale | $485,000 | -- | $221 / Sq Ft |
Source: PrimeMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,800 | $594,400 | $165,700 | $428,700 |
| 2023 | $8,323 | $445,100 | $142,000 | $303,100 |
| 2022 | $8,251 | $415,900 | $134,100 | $281,800 |
| 2021 | $8,224 | $379,000 | $134,100 | $244,900 |
| 2020 | $8,128 | $327,100 | $122,300 | $204,800 |
| 2019 | $7,587 | $301,200 | $110,500 | $190,700 |
| 2018 | $7,075 | $283,900 | $98,600 | $185,300 |
| 2017 | $6,348 | $245,400 | $75,000 | $170,400 |
| 2016 | $5,721 | $217,600 | $66,500 | $151,100 |
| 2015 | $5,351 | $201,100 | $62,300 | $138,800 |
| 2014 | $5,231 | $201,100 | $62,300 | $138,800 |
| 2011 | $5,855 | $233,100 | $80,900 | $152,200 |
Source: Public Records
Source: PrimeMLS
MLS Number: 4992229
APN: DOVR-012046
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