Property Details
Basic Information
- MLS Number: 5086708
- List Price: $1,395,000
- Lot Description: City Lot, Corner, Level
- Date Listed: 05/02/2026
- Units: 6
- 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.
Building
- Acreage: 0.11
- Square Feet: 5,496
- Year Built: 1920
- Zoning: HR
- Roof: Rolled
- Building Construction: Wood Frame
- Foundation: Block, Brick, Concrete Slab, Stone
Location
- County: Strafford
- Town: Dover
Finance
- Taxes: $19,054
Interior Features
Bathrooms
- Bathrooms: 6
Basement
- Basement: Daylight, Full, Locked Storage, Partially Finished
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable Available
Community
Schools
- Elementary School: Woodman Park Elementary School
- High School: Dover High School
Amenities
- Other Amenities: Basement
Other Details
Water
- Water Access: No
- Water View: No
- Water: Public
