$1,395,000
COMING SOON

16-18 Cushing St Dover, NH 03820

Estimated payment $8,984/month

12 Beds
6 Baths
5,496 Sq Ft
4,792 Sq Ft Lot Lot

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. Basement has been equipped with 3 locked storage units, currently 2 are leased. Potential gross income in July will jump to $128,500. This property presents an excellent opportunity to build your empire in Dover. Showings begin at Open House on Saturday May 9, 2026.

Listing Agent

Christy Hoffman

Coldwell Banker Hobin Realty LLC License #069445 Listed on: 05/02/2026

Coldwell Banker Hobin Realty LLC

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

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,054

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Directions: From Spaulding Turnpike take exit 8E towards downtown Dover. Go right at first exit off traffic circle. Take a left on Cushing, property is on the right.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1920
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Multi-Family, New Englander
  • ResoLotFeatures: City Lot, Corner Lot, Level
  • Road Frontage Type: Paved, Public Maintained Road, Public
  • MLS Status: (11) Active - Coming Soon
  • Above Grade Finished Sq Ft: 5496.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: No
  • Water_View: No
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Yes
  • Above_Grade_Unfinished_Area_Source: Assessor
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Separate Water Heater
  • Total Bedrooms: 12
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Daylight, Full, Partially Finished, Locked Storage
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt
  • Exterior Features: Porch
  • Roof: Rolled/Hot Mop
  • Easements: No
  • Construction Type: Wood Frame
  • Waterfront: No
  • Foundation Details: Block, Brick/Mortar, Concrete Slab, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Spaces 4

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Woodman Park Elementary School
  • High School: Dover High School
  • Middle Or Junior School: Dover Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: HR
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792.0

Multi Family

  • Gross Income: 121300.0
  • Number Of Units Total: 6
  • Net Operating Income: 88776.0
  • Number Of Units Leased: 6
  • Number Of Separate Electric Meters: 7

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 19054.0
  • Tax Block: 78
  • Tax Lot: 0
  • Tax Map Number: 10

Map

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Source: Public Records

Source: PrimeMLS

MLS Number: 5086708

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