About This Home
This 4-bedroom, 2-bathroom residential multi family at 48 New York Street in Dover, NH is listed for $549,000 ($302 per sqft). Built in 1900, the home offers 1,820 sqft of living space on a 0.06 acres lot.
Key Features
- Built in 1900
- 0.06 acre lot
- 2 stories
Property Details
Whether you're looking to add another property to your portfolio or purchase your first investment, 48 New York Street is an opportunity you won't want to overlook. This fully occupied two-family home offers immediate cash flow with both units currently rented, generating $4,250 per month in rental income.
Even better, tenants pay all utilities except water and sewer, helping keep operating expenses low. The home features upper and lower units, each offering 2 bedrooms, 1 full bathroom, and a bonus room that provides added flexibility for a home office, guest space, or additional living area.
With practical layouts and established tenants already in place, this is a true turnkey investment. Outside, you'll find a low-maintenance lot and off-street parking for two vehicles, making ownership simple while providing everyday convenience for tenants.
Located just minutes from downtown Dover, the property is close to restaurants, shopping, parks, the waterfront, and major commuter routes, making it a location that continues to attract strong rental demand. Whether you're expanding an established portfolio, completing a 1031 exchange, or taking your first step into multifamily investing, 48 New York Street checks all the boxes.
Strong rental income, low-maintenance ownership, and a prime Dover location make this a smart investment with immediate returns and long-term potential.
Monthly Cost Estimate
$2,936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
48 New York Street
Dover, NH 03820
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 48 New York Street is listed at $549,000 ($302/sqft). The estimated monthly payment is $2,936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.06 acre lot, 2 stories.
This property is listed by Davis McVay.
Davis McVay
Agent at Keller Williams Realty Evolution


