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Listed by Paula Igoe • Arthur Thomas Properties
$679,900
Est. payment /mo
5 Beds
3 Baths
2,894 SqFt
New
29-31 Silver ST Dover, NH 03820
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,894 sqft
Price per Sqft $234
MLS Listing ID 5114074
Bedrooms 5
Full Baths 3
Construction Status Existing
Year Built 1800
Annual Tax Amount $11,584
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Description
**INVESTMENT OPPORTUNITY IN DOWNTOWN DOVER!** Ideally situated on a desirable corner lot along Silver Street, this well-maintained multifamily property offers immediate rental income, attractive operating expenses, and future investment potential. Located within walking distance of downtown Dover, this property features two spacious residential units, with one currently leased at $2,425 per month and the second vacant and ready to lease, with a previously established rent of $2,650 per month. Tenants are responsible for heat, hot water, electricity, and the majority of water and sewer expenses, helping minimize ownership costs. The property has benefited from numerous improvements, including updated electrical service, plumbing improvements, and a newer roof on a portion of the building. Both units offer in-unit laundry, generous living spaces, and attractive architectural details, including hardwood and wide-pine flooring. **Zoned CBD-M (Central Business District Mixed Use),** the property offers potential flexibility for future residential or professional office uses, subject to municipal approvals. Its proximity to downtown restaurants, shopping, Henry Law Park, the University of New Hampshire, and major commuter routes makes this an appealing rental location. Whether expanding an existing portfolio or seeking a well-located investment with additional upside, 29–31 Silver Street presents an excellent opportunity in Dover's growing downtown market. Broker Interest.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning CBD-M
Rooms
Basement Entrance Walk-up
Basement Bulkhead, Concrete Floor, Full, Unfinished
Interior
Cooling None
Flooring Hardwood
Exterior
Utilities Available Cable Available
Roof Type Shingle,Asphalt Shingle
Building
Story 2.5
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Middle Schools Dover Middle School
High Schools Dover High School
School District Dover School District Sau #11
Nearby Locations
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