48 New York ST, Dover, NH 03820
48 New York ST, Dover, NH 03820
48 New York ST, Dover, NH 03820
48 New York ST, Dover, NH 03820
48 New York ST, Dover, NH 03820
48 New York ST, Dover, NH 03820
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Tim Cheney

Tim Cheney

+1(207) 200-3637
Listed by Davis B McVay • Keller Williams Realty Evolution • Phone: 978-729-1102
$ 549,000
Est. payment | /mo

4 Beds

2 Baths

1,820 SqFt

Save
$ 549,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,820 SqFt

Open House

Sat Jul 25, 1:00pm - 2:30pm

Wed Jul 29, 4:30pm - 6:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $301

MLS Listing ID 5101414

Bedrooms 4

Full Baths 2

Construction Status Existing

Year Built 1900

Annual Tax Amount $7,413

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Whether you're looking to add another property to your portfolio or purchase your first investment, 48 New York Street is an opportunity you won't want to overlook. This fully occupied two-family home offers immediate cash flow with both units currently rented, generating $4,250 per month in rental income. Even better, tenants pay all utilities except water and sewer, helping keep operating expenses low. The home features upper and lower units, each offering 2 bedrooms, 1 full bathroom, and a bonus room that provides added flexibility for a home office, guest space, or additional living area. With practical layouts and established tenants already in place, this is a true turnkey investment. Outside, you'll find a low-maintenance lot and off-street parking for two vehicles, making ownership simple while providing everyday convenience for tenants. Located just minutes from downtown Dover, the property is close to restaurants, shopping, parks, the waterfront, and major commuter routes, making it a location that continues to attract strong rental demand. Whether you're expanding an established portfolio, completing a 1031 exchange, or taking your first step into multifamily investing, 48 New York Street checks all the boxes. Strong rental income, low-maintenance ownership, and a prime Dover location make this a smart investment with immediate returns and long-term potential.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning CBD

Rooms

Basement Entrance Interior

Basement Concrete Floor, Full, Interior Stairs, Unfinished, Basement Stairs

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

PrimeMLS
Tim Cheney

"My passion is learning the "why?" behind making a real estate move so together we can define your goals then achieve the best possible outcome!"

+1(207) 200-3637

tim@timcheneyrealtor.com

875 Greenland Rd Suite B9, Portsmouth, NH, 03801-4161, USA

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48 New York ST