19-21 Chestnut
Dover, NH 03820
- – beds
- – baths
- 2,624 sqft
- 4,792 sqft lot
- $342 per sqft
- 1920 build
- – on site
Investor alert! Welcome to 19-21 Chestnut Street, a fully renovated four-unit multifamily property just steps from vibrant downtown Dover. Offering an impressive 8% cap rate at market rents, this turnkey investment is an excellent addition to any portfolio. The building features four spacious one-bedroom units—two front-to-back, single-level apartments on the first floor with additional rear deck access, and two townhouse-style units on the second floor with two levels of living space. Each unit is equipped with a well-appointed kitchen, a full bathroom, in-unit laundry hookups, and has been tastefully updated throughout. The property has undergone extensive improvements, including updated electric & plumbing, spray foam insulation, new windows, low-maintenance vinyl siding, and composite decking, railings, and trim. The basement includes a high-efficiency Buderus gas boiler, four new hot water tanks, a coin-operated washer and dryer, tenant & owner storage lockers, a workshop area with toilet and sink, a poured concrete floor with French drain, and bulkhead access to the rear. A paved driveway leads to five lined off-street parking spaces for tenants, adding further convenience and value. This is a rare opportunity to own a fully updated, low-maintenance multifamily in one of Dover’s most desirable locations. OFFER DEADLINE: Weds April 16th at 4PM. Reach out for additional info.
Last checked:
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Last updated Apr 13, 2025
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MLS# 5035218 —
The Building
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Year Built:1920
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Vinyl Siding
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Architectural Style:Multi-Family
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Roof:Shingle - Asphalt
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Foundation:Brick, Stone
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Total Stories:2
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Total Units:4
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Approx SqFt Total:3560
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Approx SqFt Total Finished:2,624 Sqft
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Approx SqFt Finished Above Grade:2,624 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:936
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Paved, Public
Interior
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Flooring:Carpet, Vinyl, Wood
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Basement:Yes
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Basement Description:Bulkhead, Concrete Floor, Stairs - Interior, Storage - Assigned, Storage - Locked, Sump Pump, Unfinished
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Basement Access Type:Interior
Location
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Directions:GPS Friendly Location. Free parking on 4th Street.
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Map:31
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Latitude:43.199657821029248
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Longitude:-70.876882000000009
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:0-0
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Lot Features:Sidewalks, In Town, Near Shopping, Near Public Transportatn, Near Railroad, Near School(s)
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Lot SqFt:4,792 Sqft
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Lot Acres:0 Sqft
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Zoning:CBD-G
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Exterior Features:Porch - Covered
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Driveway:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$10,395
Baths
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Total Full Baths:4
The Listing
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Price Per SqFt:342.61
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Natural Gas, Hot Water
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Total Water Heaters:5
Utilities
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Utilities:Cable - Available, Gas - On-Site
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Sewer:Public
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Electric:100 Amp
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Water Source:Public
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Total Gas Meters:1
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Total Electric Meters:5
Appliances
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Appliances:Water Heater – Electric
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Total Refrigerators:4
Schools
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School District:Dover School District SAU #11
The Community
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Covenants:No
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Easements:Yes
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Assessment Year:2024
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Assessment Amount:572100
Parking
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Parking:Driveway, Off Street, Parking Spaces 5, Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/8/25
Apr 8, 2025
|
Listed / Active | PRIME_MLS | $899,000 |
