BEDS5
BATHS3 full
SQUARE FEET2,268
MLS#5077817
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDover
Listing Courtesy of:
TEAM KELLEY REAL ESTATE
Agency Phone: 603-765-5712
Associate Name: Anna Kelley
Property Description
BEING SOLD 'AS IS. Rare opportunity to own a legal duplex consisting of two separate but attached Cape-style single-family homes with excellent investment and redevelopment potential. #53 (Built 1984) 1696sf, 3 bedrooms, 2 full baths, FHW Natural Gas Boiler just fully serviced and cleaned. Full unfinished basement, Currently partially occupied (two tenants renting second-floor bedrooms), First floor is vacant. #55 (Built 1940) 572sf, 2 bedrooms, 1 full bath, New FHA Natural Gas Furnace, Full unfinished basement, Significant structural foundation damage, One tenant-occupied. A full home inspection has been completed and will be provided in full to serious buyers. IMPORTANT: Due to the compromised foundation of #55, this property is not financeable through conventional, FHA, VA, or USDA loans. Sale must be cash or rehab financing only. With its legal duplex status, the possibilities are extensive: Renovate #55 and maximize rental income - Remove and rebuild #55 - Replace #55 with a 2-car attached garage and apartment above - Convert back to a single-family home with or without garage expansion. Interior showings require 24-hour notice. Please note that interior access to #55 will be granted to serious, qualified buyers only. Photos of tenant-occupied areas are not publicly available. Located in a wonderful neighborhood close to the high school (only a half mile away), middle school, Route 16 (Spaulding Turnpike), and downtown, this property offers strong upside potential at an attractive price point. PLEASE NOTE: No offers will be accepted until Wednesday March 5th at 6pm, when seller will review any and all offers up to that date and time. Tenants to be vacated prior to closing.
Property Features
Property Type: Multi Unit - Multiple
Basement: Bulkhead, Concrete, Interior Stairs, Sump Pump, Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas, Forced Air, Hot Water, Wood Stove
Home Style: Cape, Duplex
Lot Size: 0.44 Acres
Roof Type: Asphalt Shingle
Stories: 1.7
Taxes: $11,387
Year Built: 1984
Units
Unit 1:
Bathroom(s): 2
Bedrooms: 3
Square Footage: 1696
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Square Footage: 572
Amenities
Enclosed Porch
Feature Descriptions
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 42
Driveway: Gravel, Paved
Driveway: Gravel, Paved
Electric: 100 Amp Service, 60 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
Foundation: Block, Concrete, Poured Concrete
Foundation: Block, Concrete, Poured Concrete
Lot: Near Shopping, Neighborhood, Near Public Transportatn, Near School(s)
Roads: Paved, Public Maintained Road
Sewer: Public
Sq. Ft. Above Grade Finished: 2268
Sq. Ft. Below Grade Unfinished: 1272
Sq. Ft. Total Finished: 2268
Total Stories: 1.75
Units: 2
Water: Public
Zoning: R-12 Residential
Local Schools
High School: Dover High School
Middle School: Dover Middle School
Elementary School: Garrison School
School District: Dover
Listed By / Shown By
Listed By
Agency Name: TEAM KELLEY REAL ESTATE
Agency Phone: 603-765-5712
Agent Name: Anna Kelley
Shown By
Agency Title: A House to Home Realty
Agency Phone: (603) 752-7202
Estimate Your Payment
Estimated Payment
$ 2,205.02 per month $1,110.56 Principal & Interest $948.92 Property Tax $145.54 Homeowner's Insurance
53-55 Cataract Avenue | MLS# 5077817
This multi-family property located at 53-55 Cataract Avenue, Dover, NH 03820 is currently listed for sale with an asking price of $499,000. 53-55 Cataract Avenue is located within the Dover school district. Search Dover real estate on www.ahousetohomerealty.com today.