Dover, NH26-28 Lincoln Street
Price$955,500
Est. Mortgage: $/month
MLS Number 5024143
- Multifamily
- Address 26-28 Lincoln Street
- Units 4
- Bathroom 4
- Acreage 0.22
Investors take notice. This well maintained Dover 4-unit Nets $74,828 a year with a cap rate of 7.8%. 4 fully occupied units, with modern appliances, granite countertops, dishwashers, and washer/drier. Tenants enjoy separately metered utilities, off st parking and walkability to town. Strong rental history with multi-year tenants all current on rent. Excellent opportunity to increase cashflow by +/- $20,000 without updates or repairs by raising rents, and filling currently vacant storage and garage rentals on premise. 4 garage rentals, and 2 barn storage units on site. Extensive well documents capital improvements on major system's including roof, chimneys, & hot water heaters make this property an excellent end of the year purchase! See documents for further net operating income details. Private showings ready to be scheduled 12:30-2:30 pm on Wednesday 12/11 and 10-12 on Friday 12/13. Call agent to make appointment.
Listed by Talia Sperduto of Samonas Realty,LLC