$690,000
SOLD JAN 16, 2025

3 Reservoir St Dover, NH 03820

6 Beds
2 Baths
2,586 Sq Ft
0.29 Acres

Recently Sold

$267 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Level Lot
  • Wood Flooring
  • 4 Car Garage

About This Home

As of January 2025

Come check out this clean turnkey duplex with additional 4 car garage rental. Just a short walk from downtown Dover NH, this building currently nets $51,822 a year. All tenants are current and paying market rent. Recent major system updates include roof, dishwasher, and garage furnace making this the perfect low stress first time investment. Ample on and off street parking, separately metered heat & electric, washer and drier for each unit . PLUS a garage which can rent for up to $1200 a month. The best part — there is still room for luxury updates down the line as you see fit to increase rental values. Private showings ready to be scheduled 10am - 12pm on Wednesday 12/11 and from 10-1130 on Friday 12/13. Call agent to book your appointment.

Last Agent to Sell the Property

Talia Sperduto

Samonas Realty, LLC License #079372 Listed on: 12/09/2024

Last Buyer's Agent

Lauren Belaidi

The Aland Realty Group

The Aland Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,664

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,586 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet

Schools

  • Garrison Elementary School
  • Dover Middle School
  • Dover High School

Utilities

  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 15

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,178
  • Gross Income $65,000
  • Net Operating Income $50,822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,664

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Directions: Main Street to Concord Street, bear left on Manchester Street to right on Reservoir
  • Flood Zone: Unknown
  • Assessment Amount: 516800
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 266.82
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2586
  • Sq Ft - Apx Total Finished: 2586
  • Year Built: 1890
  • Remarks Public: Come check out this clean turnkey duplex with additional 4 car garage rental. Just a short walk from downtown Dover NH, this building currently nets $51,822 a year. All tenants are current and paying market rent. Recent major system updates include roof, dishwasher, and garage furnace making this the perfect low stress first time investment. Ample on and off street parking, separately metered heat & electric, washer and drier for each unit . PLUS a garage which can rent for up to $1200 a month. The best part — there is still room for luxury updates down the line as you see fit to increase rental values. Private showings ready to be scheduled 10am - 12pm on Wednesday 12/11 and from 10-1130 on Friday 12/13. Call agent to book your appointment.
  • List Agent: 289664
  • Display On Internet: Internet - Cable
  • Architectural Style: Colonial
  • ResoLotFeatures: Level
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Off Boiler
  • Flooring: Carpet, Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 2586

Exterior Features

  • Driveway: Paved
  • Foundation: Stone
  • Road Frontage: TBD
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Garage Capacity: 4
  • Parking: Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating: Oil, Baseboard
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Water Heaters: 2
  • Utilities: Cable
  • Water Source: Public

Schools

  • School District: Dover School District SAU #11
  • Elementary School: Garrison School
  • Middle School: Dover Middle School
  • High School: Dover High School
  • Elementary School: Garrison School
  • High School: Dover High School

Lot Info

  • Map: 29
  • Lot: 0-0
  • Lot Sq Ft: 12632
  • Lot Acres: 0.29
  • Surveyed: Unknown
  • Zoning: R-12
  • Deed Book: 4888
  • Deed Page: 601
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 65000
  • Net Income: 50822
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 9664
  • Tax Year: 2023

MLS Schools

  • School District: Dover School District SAU #11
  • School Middle Jr: Dover Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 15, 2025
Sold by
2 Brothers Llc
Bought by
Middleton Benjamin D and Mejorada Lorena
Seller's Agent
Talia Sperduto
Samonas Realty, LLC
Buyer's Agent
Lauren Belaidi
The Aland Realty Group
List Price
$665,000
Sold Price
$690,000
Premium/Discount to List
$25,000
3.76%
Views
19
Current Estimated Value
$703,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,613
Avg. Annual Appreciation
3.48%
Original Mortgage
$517,500
Outstanding Balance
$516,140
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$184,798

Purchase Details

Listed on
Jan 31, 2018
Closed on
Mar 7, 2018
Sold by
Wood James L and Wood Michelle A
Bought by
Segil Neil I and Segil Stacey B
Seller's Agent
Peggy Carter
Coldwell Banker - Peggy Carter Team
Buyer's Agent
Peggy Carter
Coldwell Banker - Peggy Carter Team
List Price
$379,900
Sold Price
$357,000
Premium/Discount to List
-$22,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$267,750
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1995
Bought by
Wood James L and Wood Michelle A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $690,000 None Available
Warranty Deed $690,000 None Available
Warranty Deed $357,000 --
Warranty Deed $357,000 --
Warranty Deed $357,000 --
Deed $98,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 Purchase Money Mortgage
Closed $517,500 Purchase Money Mortgage
Previous Owner $267,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $690,000 +3.8% $267 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/09/2024 12/09/24 For Sale $665,000 +86.3% $257 / Sq Ft
03/07/2018 03/07/18 Sold $357,000 -6.0% $138 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $379,900 -- $147 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 $11,260 $619,700 $164,600 $455,100
2023 $9,664 $516,800 $148,100 $368,700
2022 $9,722 $490,000 $148,100 $341,900
2021 $9,338 $430,300 $131,700 $298,600
2020 $9,187 $369,700 $119,300 $250,400
2019 $8,623 $342,300 $107,000 $235,300
2018 $8,079 $324,200 $90,500 $233,700
2017 $7,414 $286,600 $82,300 $204,300
2016 $7,064 $268,700 $85,800 $182,900
2015 $6,594 $247,800 $77,300 $170,500
2014 $6,445 $247,800 $77,300 $170,500
2011 $6,283 $250,100 $66,500 $183,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5024142

PrimeMLS

APN: DOVR-029015