Skip To Content
Courtesy of Tyler Allen of New Space Real Estate, LLC: .

66 Grove Street

Dover, NH 03820
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 46 Days
  • MLS #: 5015929
Under Contract
UPDATED: 54 min ago
$850,000
  • 8
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,451
    SQFT
  • $246
    $/SQFT
Type:
Multi-Family
Built:
1890
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime Investment Opportunity in Downtown Dover " 4-Unit Building with a 7.63% CAP Rate! Welcome to 66 Grove Street, a well-maintained 4-unit multi-family property offering an attractive 7.63% CAP rate in the heart of Dover, NH. This property provides a solid income stream and is a perfect addition to any investment portfolio. All units feature in-unit laundry for tenant convenience, making this property highly appealing in the rental market. With the landlord responsible for water & sewer and common area electric, tenant-paid utilities help keep operating costs low. Two of the units are occupied by tenants with housing assistance vouchers, ensuring reliable, consistent monthly income directly from their respective housing authorities. Key Features: - Four units with in-unit laundry & tenant paid utilities; - Two tenants on housing assistance, providing steady subsidized rent; - Landlord covers only water & sewer, and common electric utilities; - Ample off-street parking for tenants; - Strong rental history with potential for rent increases; - Located minutes from downtown Dover and local amenities; - Easy access to Route 16 for commuters; This property offers an excellent balance of convenience, low-maintenance management, and financial stability. Dont miss this chance to own a solid investment with dependable cash flow and long-term appreciation potential! Showings begin at OPEN HOUSE 9/29/24 from 12:00 - 2:00. Agent interest.

Monthly Payment Calculator



© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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. Data last updated 2024-11-11T11:06:49.18.
www.dannychampionrealty.com/homes/155802150
Print Image

66 Grove Street Dover, NH 03820

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 46 Days
  • Updated: 54 min ago
  • MLS #: 5015929
8
Beds
0
Baths
0
½ Baths
0.23
Acres
3,451
SQFT
$246
$/SQFT
1890
Built
County:
Strafford
Area:
Dover
Elementary School:
Horne Street School
Middle School:
Dover Middle School
High School:
Dover High School
Property Description
Prime Investment Opportunity in Downtown Dover " 4-Unit Building with a 7.63% CAP Rate! Welcome to 66 Grove Street, a well-maintained 4-unit multi-family property offering an attractive 7.63% CAP rate in the heart of Dover, NH. This property provides a solid income stream and is a perfect addition to any investment portfolio. All units feature in-unit laundry for tenant convenience, making this property highly appealing in the rental market. With the landlord responsible for water & sewer and common area electric, tenant-paid utilities help keep operating costs low. Two of the units are occupied by tenants with housing assistance vouchers, ensuring reliable, consistent monthly income directly from their respective housing authorities. Key Features: - Four units with in-unit laundry & tenant paid utilities; - Two tenants on housing assistance, providing steady subsidized rent; - Landlord covers only water & sewer, and common electric utilities; - Ample off-street parking for tenants; - Strong rental history with potential for rent increases; - Located minutes from downtown Dover and local amenities; - Easy access to Route 16 for commuters; This property offers an excellent balance of convenience, low-maintenance management, and financial stability. Dont miss this chance to own a solid investment with dependable cash flow and long-term appreciation potential! Showings begin at OPEN HOUSE 9/29/24 from 12:00 - 2:00. Agent interest.
Exterior Features

Architectural Style Colonial Construction Materials Wood FrameVinyl SidingWood Siding Driveway Paved Has Garage No Lot Features City LotLevel Road Frontage Yes Road Frontage Length 102 Roads PavedPublic Roof Shingle - Architectural

Interior Features

Basement Access Type Interior Basement Description BulkheadConcrete Floor Cooling None Flooring HardwoodVinyl Foundation BlockBrickPoured Concrete Has Basement Yes Heating BaseboardHot Water Total Ranges 4 Total Refrigerators 4 Total Water Heaters 4 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1

Property Features

Auction No Cable Company Comcast Construction Status Existing Electric Circuit Breaker(s) Electric Company Eversource Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company Unitil Gross Income 96400 Heat Fuel Gas - Natural Phone Company Comcast Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 11005 Tax Year 2023 Taxes Tbd No Total Electric Meters 5 Total Gas Meters 4 Total Leases 4 Total1 Bed Units 2 Total2 Bed Units 0 Total3 Plus Bed Units 2 Trash Curbside Unit1 Rental Amount 1750 Unit1 Tenant Pays ElectricHeatHot Water Unit2 Rental Amount 1400 Unit2 Tenant Pays ElectricHeatHot Water Unit3 Rental Amount 2500 Unit3 Tenant Pays ElectricHeatHot Water Unit4 Rental Amount 550 Unit4 Tenant Pays ElectricHeatHot Water Utilities Cable Water Source Public Zoning RM-U

Courtesy of Tyler Allen of New Space Real Estate, LLC: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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. Data last updated 2024-11-11T11:06:49.18.
 
https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5015929-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5015929-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5015929-2.jpg
Logo
Keller Williams Gateway Realty | Champion Realty Group
20 Trafalgar Sq Suite 101
Nashua NH, 03063