Steve Cotran
RE/MAX Area Real Estate Network LTD
(844) 423-3044
98 Total Sales
4 in Dover
$368K - $370K Price Range
540 Central Ave Dover, NH 03820
Dover Area
8
Beds
6
Baths
4,251
Sq Ft
5,227
Sq Ft Lot
Highlights
- Corner Lot
- Floor Furnace
- 5-minute walk to Immigrants park
About This Home
As of January 2022This is the sale of two buildings to be conveyed together. The annual gross income of both properties combined is $89,880. All expenses listed include both properties. The NOI is $61,544 which makes this a 7.2% Cap Rate. Combined there are 6 units. In 540/542 Central Ave you have two ground floor commercial spaces that are currently rented month-to-month. Above those spaces are two apartments that are under annual leases. Immediately next to it is #4 Sixth Street. This building has 2 total units. One of them is one the ground floor and has two bedrooms. The top unit is a two-story, 4-bedroom apartment rented to 3 tenants. The two properties share a coin-op laundry machine in the back of 540 Central Ave. All residential units are under annual leases. The sale will include and maintain two separate deeds. There will be an Open House on Friday 10/22 from 11:00-1:30pm. Please park adjacent to the property on Sixth St. Please do not enter the businesses without an appointment.
Last Agent to Sell the Property
Samonas Realty, LLC License #072860 Listed on: 10/20/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,436
Year Built
- Built in 1910
Lot Details
- 5,227 Sq Ft Lot
- Corner Lot
- Lot Sloped Up
Home Design
- Converted Dwelling
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 2-Story Property
Basement
- Interior and Exterior Basement Entry
- Dirt Floor
Parking
- Shared Driveway
- Paved Parking
Utilities
- Floor Furnace
- Heating System Uses Oil
- 200+ Amp Service
- Gas Available at Street
- Water Heater
Listing and Financial Details
- Exclusions: Tenant belongings and commercial fixtures
- Tax Block 12
Community Details
Overview
- 6 Units
Building Details
- 5 Separate Gas Meters
- Operating Expense $28,336
- Gross Income $89,880
- Net Operating Income $61,544
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Dover, NH
-
Steve Cotran
-
Siri Wilbur Kamien
Siri Wilbur Kamien
BHHS Verani Londonderry
(351) 215-0785
67 Total Sales
1 in Dover
$810,000 Price
-
Bob Raiche
Bob Raiche
LAER Realty Partners
(781) 776-5710
60 Total Sales
1 in Dover
$410,000 Price
-
Jennifer Libby
Jennifer Libby
KW Coastal and Lakes & Mountains Realty/Wolfeboro
(844) 504-0830
50 Total Sales
1 in Dover
$259,900 Price
-
Karen R. Brown
Karen R. Brown
RE/MAX Innovative Properties
(351) 208-1975
100 Total Sales
1 in Dover
$1,530,000 Price
-
Diane Silva
Diane Silva
Ocean to Lakes Realty
(743) 222-3846
30 Total Sales
2 in Dover
$375K - $770K Price Range
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 | Prior Sale |
|---|---|---|---|---|---|
| 01/27/2022 01/27/22 | Sold | $800,000 | -5.9% | $188 / Sq Ft | |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- | |
| 10/20/2021 10/20/21 | For Sale | $850,000 | +193.1% | $200 / Sq Ft | |
| 08/17/2016 08/17/16 | Sold | $290,000 | -27.5% | $45 / Sq Ft | View Prior Sale |
| 06/13/2016 06/13/16 | Pending | -- | -- | -- | |
| 03/17/2016 03/17/16 | For Sale | $400,000 | -- | $62 / Sq Ft |
Source: PrimeMLS
Agents Affiliated with this Home
-
Andrew Samonas
Seller's Agent in 2022
Andrew Samonas
Samonas Realty, LLC
(603) 988-7824
124 Total Sales
-
JN
Seller's Agent in 2016
Joseph Nelson
Bean Group / Portsmouth
Map
Source: PrimeMLS
MLS Number: 4887677
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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