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Mendi Michael

[email protected] +1(802) 342-8410

Listed by Christy Hoffman • Coldwell Banker Hobin Realty LLC

$ 1,395,000

Est. payment -/mo

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Open Sat 11AM-1PM

16-18 Cushing ST Dover, NH 03820

12 Beds

6 Baths

5,496 SqFt

Open House

Sat May 09, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,496 sqft

Price per Sqft $253

MLS Listing ID 5086708

Bedrooms 12

Full Baths 6

Construction Status Existing

Year Built 1920

Annual Tax Amount $19,054

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Description

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 with a potential cap rate of 8%! Showings begin at Open House on Saturday May 9, 2026.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning HR

Rooms

Basement Entrance Walkout

Basement Daylight, Full, Partially Finished, Locked Storage

Interior

Cooling None

Flooring Carpet, Hardwood, Laminate, Vinyl

Exterior

Utilities Available Cable Available

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Rolled

Building

Story 3

Sewer Public

Architectural Style Multi-Family, New Englander

Construction Status Existing

Schools

Elementary Schools Woodman Park Elementary School

Middle Schools Dover Middle School

High Schools Dover High School

School District Dover

NEARBY SCHOOLS & PROPERTIES

Mendi Michael

Advisor | License ID: 082.0134719

+1(802) 342-8410

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