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Listing courtesy of PRIME_MLS / Andrew Samonas / Samonas Realty, LLC

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.

Listing courtesy of PRIME_MLS / Andrew Samonas / Samonas Realty, LLC

Last checked: Checking… • Last updated Jun 25, 2024 •

MLS# 4887677 —

The Building

Year Built:

1910
Pre-Construction:

No
Construction:

Wood Frame
Construction Status:

Existing
Style:

Apartment Building, Conversion, Multi-Family
Roof:

Shingle - Asphalt
Exterior:

Vinyl Siding
Foundation:

Concrete, Fieldstone
Total Stories:

2
Total Units:

6
Approx SqFt Total:

5401
Approx SqFt Total Finished:

4,251 Sqft
Approx SqFt Finished Above Grade:

4,251 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade:

250
Approx SqFt Unfinished Above Grade Source:

Estimated
Approx SqFt Unfinished Below Grade:

900
Approx SqFt Unfinished Building Source:

Estimated
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Concrete Floor, Dirt Floor, Exterior Access
Basement Access Type:

Interior
Room 5 Type:

Leased

Location

Map:

5
Latitude:

43.200221716182128
Longitude:

-70.875720822090145

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Description:

City Lot, Corner, Curbing, Sidewalks, Street Lights
Lot SqFt:

5,227 Sqft
Lot Acres:

0 Sqft
Zoning:

CBD-G
Driveway:

Common/Shared, Paved
Roads:

Public
Road Frontage:

Yes
Road Frontage Length:

50 Sqft

Listing Agent

Contact info:

Taxes

Tax Year:

2020
Taxes TBD:

No
Tax - Gross Amount:

$13,436

Beds

Bedrooms - Level 4:

4
Total 2 Bedroom Units:

2

Baths

Total Full Baths:

6
Three Quarter Baths:

6
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

188.19
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Floor Furnace
Heat Fuel:

Electric, Oil
Total Heat Units:

3
Water Heater:

Domestic
Total Water Heaters:

2

Utilities

Utilities:

Gas - At Street
Separate Utilities:

Varies
Sewer:

Public
Water:

Public
Electric:

200 Amp, Circuit Breaker(s)
Total Gas Meters:

5
Total Electric Meters:

7

Appliances

Total Refrigerators:

4

The Community

Covenants:

No

Extra Units

Unit 1 Rooms:

4
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

2
Total 3+ BR Units:

1
Unit 3 Rooms:

3
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 4 Bedrooms:

3
Unit 4 Baths:

1

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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

Multifamily Sold on 1/27/2022

$800,000

Listing provided by broker:

Andrew Samonas

Samonas Realty, LLC

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Listing Courtesy of: PRIME_MLS and Samonas Realty, LLC.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

540-542 Central

Dover, NH 03820