19-21 Chestnut Street

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

Are you interested?

Schedule a Tour

Dylan Tooch

(603) 682-5624 [email protected]

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

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 19-21 Chestnut Street, Dover, NH 03820

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