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

2 stories
2 full
1900
Listing Description

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

Principal$397
Interest$2,379
Insurance$160

Estimates only. Actual payments may vary.

Location

48 New York Street

Dover, NH 03820

Property Details

Construction

Wood Frame Aluminum Siding

Parking

Off Street

Heating

Hot Water(Heating)Natural Gas

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.

DM

Davis McVay

Agent at Keller Williams Realty Evolution

Listed by Keller Williams Realty Evolution · View on Broker Site

MLS# 5101414· Source: listhub· 1 day on market

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48 New York Street, Dover, NH 03820

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