48 New York St

Dover NH 03820

2730 sq. ft.

2614 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

4 bedrooms

2 bathrooms

2730 sq. ft. floor area

2614 sq. ft. lot size

Multi-Family

Property history for 48 New York St

2021

Sold

$340,000

26 Mar 2021

2019

Sold

$220,000

15 Mar 2019 by Joseph Hunkins

Happy sellers in Dover

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