16-18 Cushing Street, Dover, NH 03820
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
16-18 Cushing Street,Dover, NH 03820
$1,395,000
- 12 Beds
- 6 Baths
- 5,496 sq. ft.
- Multi-family
- Active
Listed by: christy hoffman
Office: coldwell banker hobin realty llc.603-964-1800
MLS#:5086708
Source:PrimeMLS
Price summary
- Price:$1,395,000
- Price per sq. ft.:$191.2
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:5086708
- Added:4 day(s) ago
- Updated:May 13, 2026 at 10:31 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Hardwood, Laminate, Vinyl
- Basement Description:Daylight, Full, Partially Finished, Walkout
- Living area:5,496 sq. ft.
Heating and cooling
- Heating:Steam
Structure and exterior
- Roof:Rolled
- Year built:1920
- Building area:5,496 sq. ft.
- Lot area:0.11 Acres
- Levels:3 Story
Schools
- High school:Dover High School
- Middle school:Dover Middle School
- Elementary school:Woodman Park Elementary School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,395,000
- Price per sq. ft.:$191.2
- Tax amount:$19,054 (2025)
Parking
- Parking description:Dirt Driveway
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