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195 Central, Dover, NH 03820

4 Bed, 4 Bath Multi-Family Home For Sale

195 Central, Dover, NH 03820 House For Sale - MLS #4733312
$550,000
4
4
Multi-Family
5+ Family
7
This listing is courtesy of Joe Nelson from Bean Group / Portsmouth

Property Description for 195 Central, Dover, NH 03820

Great income producer in downtown Dover on a large ¼-acre lot. Seven units -- 5 one-bedroom units, 1 four-bedroom unit, and 1 three-bedroom unit. The property does need some work but the buyer will be rewarded with increased net operating income. All rents include heat and hot water. Owner pays electricity for three units. Owner will finance the property with 25% down payment, 5% interest rate, 25-year amortization schedule, and a 7-year term.

Interior Details

6,400 sq. ft.
$85.94/sq. ft.
12
Public Sewer At Street
Public Water - At Street

Exterior Details

0.25 acres
10,890 sq. ft.
3
On-Site
Wood Frame
Brick; Stone

Other Details

4733312
1840
$2,950

Units Description

Unit #1
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $795     

Unit #2
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $750     

Unit #3
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $750     

Unit #4
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $655     

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(20%)

Monthly Mortgage Payments

$2,498
$3,480

Town Description

According to historian Jeremy Belknap, the area was called Wecohamet by native Abenaki Indians. The first known European to explore the region was Martin Pring from Bristol, England, in 1603. Settled...

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