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29 Silver Street

Dover NH 03820

5
3
2894 sq. ft.
5227 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

**INVESTMENT OPPORTUNITY IN DOWNTOWN DOVER!** Ideally situated on a desirable corner lot along Silver Street, this well-maintained multifamily property offers immediate rental income, attractive operating expenses, and future investment potential. Located within walking distance of downtown Dover, this property features two spacious residential units, with one currently leased at $2,425 per month and the second vacant and ready to lease, with a previously established rent of $2,650 per month. Tenants are responsible for heat, hot water, electricity, and the majority of water and sewer expenses, helping minimize ownership costs. The property has benefited from numerous improvements, including updated electrical service, plumbing improvements, and a newer roof on a portion of the building. Both units offer in-unit laundry, generous living spaces, and attractive architectural details, including hardwood and wide-pine flooring. **Zoned CBD-M (Central Business District Mixed Use),** the property offers potential flexibility for future residential or professional office uses, subject to municipal approvals. Its proximity to downtown restaurants, shopping, Henry Law Park, the University of New Hampshire, and major commuter routes makes this an appealing rental location. Whether expanding an existing portfolio or seeking a well-located investment with additional upside, 29–31 Silver Street presents an excellent opportunity in Dover's growing downtown market. Broker Interest.

Features

5 bedrooms
3 bathrooms
2894 sq. ft. floor area
5227 sq. ft. lot size
Multi-Family

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Local market activity for 5 bedroom multi families in Dover

In the last 12 months, 5 five-bedroom multi families similar to 29 Silver Street, have been sold.

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