Estimated payment $9,145/month
Highlights
- Wood Flooring
- Corner Lot
- Heating System Uses Steam
- New Englander Architecture
- Porch
About This Home
Fully occupied with strong positive cash flow. 6 unit multifamily with strong rental history on lovely Cushing St within walking distance to downtown. Many capital improvements and updates have been done to the building by caring landlords including costly gas boiler and roof. A third of the windows have been replaced, exhaust fans installed in all bathrooms, new coin op washers and dryers in basement, common areas have been refurbished, many areas have been repainted. Units have been improved at tenant turnover, including updating of some bathrooms, and flooring, and fresh paint. All tenants are receiving a rent increase as part of June/July lease renewal and all tenants have been notified that increases are coming. Basement has been equipped with 3 locked storage units, currently 2 are leased. Potential gross income in July could jump to $128,500. This property presents an excellent opportunity to build your empire in Dover with a potential cap rate of 8%! Showings begin at Open House on Saturday May 9, 2026.
Listing Agent
Coldwell Banker Hobin Realty LLC License #069445 Listed on: 05/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,054
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- New Englander Architecture
- Brick Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Rolled or Hot Mop Roof
Interior Spaces
- Property has 3 Levels
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Parking
- Dirt Driveway
- Off-Street Parking
Schools
- Woodman Park Elementary School
- Dover Middle School
- Dover High School
Utilities
- No Cooling
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Block 78
- Assessor Parcel Number 10
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- Gross Income $121,300
- Net Operating Income $88,776
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2026 05/09/26 | For Sale | $1,395,000 | -- | $254 / Sq Ft |
Source: PrimeMLS
MLS Number: 5086708
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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Ask me questions while you tour the home.