$499,000 ($220.02 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

10 rooms

5 beds

3 Full baths

1984

Cape, Duplex

2,268 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. Tenants to be vacated prior to closing.


Status:

Pending

Type:

Multi-family

Units:

2

Zoning:

R-12 Residential

Frontage:

190

Heating:

Natural Gas, Forced Air, Hot Water, Wood Stove

Cooling:

None

Basement:

Bulkhead, Concrete, Interior Stairs, Sump Pump, Unfinished

Acreage:

0.44

Est. Taxes:

$11,387

Lot Description:

Near Shopping,Neighborhood,Near Public Transportatn,Near School(s)

Elementary School:

Garrison School

Middle School:

Dover Middle School

High School:

Dover High School

School District:

Dover

MLS #:

5077817


Community Info

School Info

Walk Score

Mass Transit

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