This listing courtesy of Christy Hoffman , Coldwell Banker Hobin Realty LLC
$1,395,000

16-18 Cushing Street, Dover, NH 03820

  • 6 baths |
  • 7,296 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $191/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Fully occupied with strong positive cash flow. 6 unit multifamily with strong rental history on lovely Cushing St within walking distance to downtown. Many capital improvements and updates have been done to the building by caring landlords including costly gas boiler and roof. A third of the windows have been replaced, exhaust fans installed in all bathrooms, new coin op washers and dryers in basement, common areas have been refurbished, many areas have been repainted. Units have been improved at tenant turnover, including updating of some bathrooms, and flooring, and fresh paint. All tenants are receiving a rent increase as part of June/July lease renewal and all tenants have been notified that increases are coming. Basement has been equipped with 3 locked storage units, currently 2 are leased. Potential gross income in July could jump to $128,500. This property presents an excellent opportunity to build your empire in Dover with a potential cap rate of 8%! Showings begin at Open House on Saturday May 9, 2026.

Listing Status:
Active
Date Added:
May 2, 2026
Data Last Updated:
May 26, 2026 at 8:01AM
Listing Office:
Coldwell Banker Hobin Realty LLC : 603-964-1800
Listing Agent:
Christy Hoffman : 603-964-1800 : christy@coldwellbankerhobin.com
MLS ID:
5086708
  • Appliances: Electric Water HeaterSeparate Water Heater
  • Basement: DaylightFullPartially FinishedLocked Storage
  • Flooring: CarpetHardwoodLaminateVinyl
  • A/C: None
  • Heating: Natural GasSteam
  • General: Porch
  • Style: Multi-FamilyNew Englander
  • Parking: Off StreetParking Spaces 4
  • Roofing: Rolled
  • General: Wood FrameBlockBrickConcrete SlabStone
  • Road/Access: PavedPublic Maintained RoadPublic
  • School District: Dover
  • County: Strafford
  • Driveway: Dirt
  • Zoning: HR
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public

This listing courtesy of Christy Hoffman , Coldwell Banker Hobin Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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