BEDS12
BATHS6 full
SQUARE FEET5,496
MLS#5086708
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDover
Listing Courtesy of:
Coldwell Banker Hobin Realty LLC
Agency Phone: 603-964-1800
Associate Name: Christy Hoffman
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Daylight, Full, Partially Finished, Locked Storage
Cooling: None
Heating: Natural Gas, Steam
Home Style: Multi-Family, New Englander
Lot Size: 0.11 Acres
Roof Type: Rolled
Stories: 3.0
Taxes: $19,054
Year Built: 1920
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Unit 5:
Bathroom(s): 1
Bedrooms: 2
Unit 6:
Bathroom(s): 1
Bedrooms: 2
Amenities
Porch
Feature Descriptions
Color: beige
Construction: Wood Frame
Construction Status: Existing
Days on Site: 77
Driveway: Dirt
Driveway: Dirt
Electric: 100 Amp Service
Exterior: Wood Frame
Flood Zone: No
Flooring: Carpet, Hardwood, Laminate, Vinyl
Foundation: Block, Brick, Concrete Slab, Stone
Foundation: Block, Brick, Concrete Slab, Stone
Lot: City Lot, Corner, Level
Parking: Off Street, Parking Spaces 4
Roads: Paved, Public, Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 5496
Total Stories: 3
Units: 6
Water: Public
Water Access: No
Water View: No
Zoning: HR
Local Schools
High School: Dover High School
Middle School: Dover Middle School
Elementary School: Woodman Park Elementary School
School District: Dover
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Hobin Realty LLC
Agent Name: Christy Hoffman
Agency Phone: 603-964-1800
Shown By
Agency Title: A House to Home Realty
Agency Phone: (603) 752-7202
Estimate Your Payment
Estimated Payment
$ 5,099.37 per month $3,104.67 Principal & Interest $1,587.83 Property Tax $406.88 Homeowner's Insurance
16-18 Cushing Street | MLS# 5086708
This multi-family property located at 16-18 Cushing Street, Dover, NH 03820 is currently listed for sale with an asking price of $1,395,000. 16-18 Cushing Street is located within the Dover school district. Search Dover real estate on www.ahousetohomerealty.com today.