540-542 Central
Dover, NH 03820
- – beds
- – baths
- 4,251 sqft
- 5,227 sqft lot
- $188 per sqft
- 1910 build
- – on site
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This is the sale of two buildings to be conveyed together. The annual gross income of both properties combined is $89,880. All expenses listed include both properties. The NOI is $61,544 which makes this a 7.2% Cap Rate. Combined there are 6 units. In 540/542 Central Ave you have two ground floor commercial spaces that are currently rented month-to-month. Above those spaces are two apartments that are under annual leases. Immediately next to it is #4 Sixth Street. This building has 2 total units. One of them is one the ground floor and has two bedrooms. The top unit is a two-story, 4-bedroom apartment rented to 3 tenants. The two properties share a coin-op laundry machine in the back of 540 Central Ave. All residential units are under annual leases. The sale will include and maintain two separate deeds. There will be an Open House on Friday 10/22 from 11:00-1:30pm. Please park adjacent to the property on Sixth St. Please do not enter the businesses without an appointment.
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Last updated Apr 22, 2023
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MLS# 4887677 —
Walk Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/27/22
Jan 27, 2022
|
Sold | PRIME_MLS | $800,000 | -5.9% |
|
11/11/21
Nov 11, 2021
|
Sold Subject To Contingencies | PRIME_MLS | $850,000 | |
|
10/20/21
Oct 20, 2021
|
Listed / Active | PRIME_MLS | $850,000 |