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New Space Real Estate

(603) 242-1446

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5 Nelson St
Dover, NH 03820

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  • 19-21 Chestnut Street
  • 19-21 Chestnut Street
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Bought with Dylan E Tooch with New Space Real Estate, LLC and Listed by Kirstin Stallkamp with Duston Leddy Real Estate Cell: 603-828-3820

$920,000

19-21 Chestnut Street, Dover, NH 03820

  • Sq.Ft.

    2,624

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Property Description

Investor alert! Welcome to 19-21 Chestnut Street, a fully renovated four-unit multifamily property just steps from vibrant downtown Dover. Offering an impressive 8% cap rate at market rents, this turnkey investment is an excellent addition to any portfolio. The building features four spacious one-bedroom units--two front-to-back, single-level apartments on the first floor with additional rear deck access, and two townhouse-style units on the second floor with two levels of living space. Each unit is equipped with a well-appointed kitchen, a full bathroom, in-unit laundry hookups, and has been tastefully updated throughout. The property has undergone extensive improvements, including updated electric & plumbing, spray foam insulation, new windows, low-maintenance vinyl siding, and composite decking, railings, and trim. The basement includes a high-efficiency Buderus gas boiler, four new hot water tanks, a coin-operated washer and dryer, tenant & owner storage lockers, a workshop area with toilet and sink, a poured concrete floor with French drain, and bulkhead access to the rear. A paved driveway leads to five lined off-street parking spaces for tenants, adding further convenience and value. This is a rare opportunity to own a fully updated, low-maintenance multifamily in one of Dover's most desirable locations. OFFER DEADLINE: Weds April 16th at 4PM. Reach out for additional info.

Overview

Property Status
Sold
Date Sold
May 16, 2025
Lot Size
4,792 Sq.Ft.
MLS ID
5035218
Property Type
Multi-Family
Year Built
1920

Features & Amenities

Total Area
3,560 Sq.Ft.
Neighborhood
Multi-Family & Investment Properties in Dover, NH
Roof
Asphalt Shingle
Lot Features
Near Railroad, Near Public Transportatn
Heat Type
Natural Gas, Hot Water
Air Conditioning
None, Other
Sewer
Public
School District
Dover School District SAU #11
Sales Price
$920,000
Real Estate Tax
$10,395/yr

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19-21 Chestnut Street

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19-21 Chestnut Street
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Dover, NH continues to be one of the strongest rental and investment markets on the Seacoast. With consistent tenant demand, walkable downtown access, and a steady pipeline of multi-family properties, Dover offers both cash flow and long-term appreciation. Whether you're looking to acquire your first multiunit property or scale your portfolio, this market presents real opportunity—especially when properties are properly prepared, updated, and positioned for today’s renters.

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19-21 Chestnut Street

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  • CallDylan Tooch

    License #NH 70963 | ME BA920850 / 019332

    (603) 682-5624

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    (603) 242-1498

    Address 5 Nelson St Dover, NH 03820

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    (603) 242-1498

    Address 5 Nelson St Dover, NH 03820