$499,000 ($294.22 per sqft)

Pending

Est. Mortgage $2,393/mo *

Quick Pre-Approval

Listing courtesy of Anna Kelley, TEAM KELLEY REAL ESTATE 603-765-5712


53-55 Cataract Avenue, Dover, NH, 03820

53-55 Cataract Avenue, Dover, NH, 03820

7 rooms

3 beds

1 Full / 1 three-quarter baths

1984

Cape

1,696 sqft

BEING SOLD “AS IS.” Rare opportunity to own a legal duplex consisting of two separate but attached Cape-style single-family homes with excellent investment and redevelopment potential. #53 (Built 1984) 1696sf, 3 bedrooms, 2 full baths, FHW Natural Gas Boiler just fully serviced and cleaned. Full unfinished basement, Currently partially occupied (two tenants renting second-floor bedrooms), First floor is vacant. #55 (Built 1940) 572sf, 2 bedrooms, 1 full bath, New FHA Natural Gas Furnace, Full unfinished basement, Significant structural foundation damage, One tenant-occupied. A full home inspection has been completed and will be provided in full to serious buyers. IMPORTANT: Due to the compromised foundation of #55, this property is not financeable through conventional, FHA, VA, or USDA loans. Sale must be cash or rehab financing only. With its legal duplex status, the possibilities are extensive: Renovate #55 and maximize rental income - Remove and rebuild #55 - Replace #55 with a 2-car attached garage and apartment above - Convert back to a single-family home with or without garage expansion. Interior showings require 24-hour notice. Please note that interior access to #55 will be granted to serious, qualified buyers only. Photos of tenant-occupied areas are not publicly available. Located in a wonderful neighborhood close to the high school (only a half mile away), middle school, Route 16 (Spaulding Turnpike), and downtown, this property offers strong upside potential at an attractive price point. PLEASE NOTE: No offers will be accepted until Wednesday March 5th at 6pm, when seller will review any and all offers up to that date and time.


Status:

Pending

Type:

Single-family residential

Zoning:

R-12 Residential

Frontage:

190

Heating:

Baseboard, Hot Water

Cooling:

None

Basement:

Bulkhead, Concrete, Full, Sump Pump, Unfinished

Acreage:

0.44

Est. Taxes:

$11,387

Lot Description:

Trail/Near Trail,Walking Trails,Near Shopping,Near School(s)

Elementary School:

Garrison School

Middle School:

Dover Middle School

High School:

Dover High School

School District:

Dover

MLS #:

5077537


Community Info

School Info

Walk Score

Mass Transit

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