Listing by: Kirstin Stallkamp, Duston Leddy Real Estate, Cell: 603-828-3820
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0 Beds
n/a Full bath
2,624 SqFt
ActiveUnderContract
Investor alert! Welcome to 19-21 Chestnut Street, a fully renovated four-unit multifamily property just steps from vibrant downtown Dover. Offering an impressive 8% cap rate at market rents, this turnkey investment is an excellent addition to any portfolio. The building features four spacious one-bedroom units—two front-to-back, single-level apartments on the first floor with additional rear deck access, and two townhouse-style units on the second floor with two levels of living space. Each unit is equipped with a well-appointed kitchen, a full bathroom, in-unit laundry hookups, and has been tastefully updated throughout. The property has undergone extensive improvements, including updated electric & plumbing, spray foam insulation, new windows, low-maintenance vinyl siding, and composite decking, railings, and trim. The basement includes a high-efficiency Buderus gas boiler, four new hot water tanks, a coin-operated washer and dryer, tenant & owner storage lockers, a workshop area with toilet and sink, a poured concrete floor with French drain, and bulkhead access to the rear. A paved driveway leads to five lined off-street parking spaces for tenants, adding further convenience and value. This is a rare opportunity to own a fully updated, low-maintenance multifamily in one of Dover’s most desirable locations. OFFER DEADLINE: Weds April 16th at 4PM. Reach out for additional info.
Property Details | ||
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Price | $899,000 | |
Property Style | Multi-Family | |
Lot Size Area | 4792 | |
Acres | 0.11 | |
Property Type | MultiFamily | |
Stories | 2 | |
Exterior Features | Porch - Covered | |
Year Built | 1920 | |
Roof | Shingle - Asphalt | |
Heating | Natural Gas,Hot Water | |
Foundation | Brick,Stone | |
Lot Description | Sidewalks,In Town,Near Shopping,Near Public Transportatn,Near Railroad,Near School(s) | |
Parking Description | Driveway,Off Street,Parking Spaces 5,Paved | |
Geographic Data | ||
Directions | GPS Friendly Location. Free parking on 4th Street. | |
County | NH-Strafford | |
Latitude | 43.199657821029 | |
Longitude | -70.876882 | |
Market Area | NH-Strafford | |
Address Information | ||
Address | 19-21 Chestnut Street, Dover, NH 03820 | |
Postal Code | 03820 | |
City | Dover | |
State | NH | |
Country | United States | |
Listing Information | ||
Listing Office | Duston Leddy Real Estate | |
Listing Office Phone | 603-610-8285 | |
Listing Office Email | reception@dustonleddy.com | |
Listing Agent | Kirstin Stallkamp | |
Listing Agent Phone | 603-610-8285 | |
Attribution Contact | Cell: 603-828-3820 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
School Information | ||
District | Dover School District SAU #11 | |
MLS® Information | ||
Days on market | 10 | |
MLS® Status | ActiveUnderContract | |
Listing Date | Apr 8, 2025 | |
Listing Last Modified | Apr 19, 2025 | |
Tax Year | 2024 | |
Tax Annual Amount | 10395 | |
MLS® Area | NH-Strafford | |
MLS® # | 5035218 |
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This information is believed to be accurate, but without any warranty.