$830,000
SOLD NOV 5, 2021

85 Belknap St Dover, NH 03820

7 Beds
5 Baths
2,913 Sq Ft
0.32 Acres

Recently Sold

$285 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • High Speed Internet
  • Hiking Trails

About This Home

As of November 2021

A well-cared for building and tenant base provide nearly $79,000 of gross income in this Dover investment property. Ready to be a strong asset to any investor, this 4-unit property is a reliable source of cash flow! Beautifully restored and renovated units have proven to be steady rentals in a prominent Colonial just outside downtown Dover. Diligent and proactive ownership has been improving these units since the day they bought them. Updates throughout the years include: new individual heating units, new electrical panels, new tile flooring, new hardwood, new kitchens, interior paint, and a strong tenant base. Dover has and will continue to be a desirable place to live and here is your chance to provide a quality apartment to several renters!

Last Agent to Sell the Property

Andrew Samonas

Samonas Realty, LLC License #072860 Listed on: 07/13/2021

Last Buyer's Agent

Andrew Samonas

Samonas Realty, LLC License #072860 Listed on: 07/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,951

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Leased Parking

Home Design

  • Converted Dwelling
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2.5-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant belongings, non-fixtures
  • Tax Block 122

Community Details

Overview

  • 4 Units

Recreation

  • Hiking Trails
  • Trails

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $21,951
  • Gross Income $78,540
  • Net Operating Income $56,589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,951

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: GPS Address will bring you to the property.
  • Construction: Existing
  • Items Excluded: Tenant belongings, non-fixtures
  • Total Stories: 2.5
  • Price Per Sq Ft: 284.93
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4047
  • Sq Ft - Apx Total Finished: 2913
  • Year Built: 1900
  • Remarks Public: A well-cared for building and tenant base provide nearly $79,000 of gross income in this Dover investment property. Ready to be a strong asset to any investor, this 4-unit property is a reliable source of cash flow! Beautifully restored and renovated units have proven to be steady rentals in a prominent Colonial just outside downtown Dover. Diligent and proactive ownership has been improving these units since the day they bought them. Updates throughout the years include: new individual heating units, new electrical panels, new tile flooring, new hardwood, new kitchens, interior paint, and a strong tenant base. Dover has and will continue to be a desirable place to live and here is your chance to provide a quality apartment to several renters!
  • List Agent: 281875
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Storage Space, Interior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2913
  • Sq Ft - Apx Unfinished BG: 1134

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Concrete, Fieldstone
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Description: Leased
  • Garage Type: Detached

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Separate
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Curbside
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite

Lot Info

  • Map: 12
  • Lot Sq Ft: 13939
  • Lot Acres: 0.32
  • Lot Description: City Lot, Curbing, Trail/Near Trail, Walking Trails
  • Surveyed: Unknown
  • Zoning: HR
  • Deed Book: 4560
  • Deed Page: 494
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 78540
  • Net Income: 56589
  • Total Full Baths: 5
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 13951
  • Tax Year: 2020

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $830,000 -2.4% $285 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $850,000 0.0% $292 / Sq Ft
07/19/2016 07/19/16 Rented $1,750 0.0% --
06/19/2016 06/19/16 Under Contract -- -- --
05/24/2016 05/24/16 For Rent $1,750 0.0% --
06/26/2014 06/26/14 Sold $320,000 -20.0% $79 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $399,900 -- $99 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4871837

PrimeMLS