$1,395,000 ($253.82 per sqft)

Est. Mortgage $6,871/mo *

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Listing courtesy of Christy Hoffman, Coldwell Banker Hobin Realty LLC 603-964-1800

16-18 Cushing Street, Dover, NH, 03820

16-18 Cushing Street, Dover, NH, 03820
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30 rooms

12 beds

6 Full baths

1920

Multi-Family, New Englander

5,496 sqft

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 that increases are coming. Basement has been equipped with 3 locked storage units, currently 2 are leased. Potential gross income in July could 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.

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

HR

Frontage:

139

Heating:

Natural Gas, Steam

Cooling:

None

Basement:

Daylight, Full, Partially Finished, Locked Storage

Parking:

Off Street, Parking Spaces 4

Acreage:

0.11

Est. Taxes:

$19,054

Assessment

$968,200

Lot Description:

City Lot,Corner,Level

Elementary School:

Woodman Park Elementary School

Middle School:

Dover Middle School

High School:

Dover High School

School District:

Dover

MLS #:

5086708

Community Info

School Info

Walk Score

Mass Transit

Yelp

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