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$665,000
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Property Description
INVESTORS TAKE NOTE! You need to add this maintenance-free two-unit property to your long-term portfolio. With a 5.24% Cap rate, it is a wise investment. Very Well Kept Corner Lot Multi with nothing left to do but collect your rents from long-term tenants. Both units are spacious with 3BR/1BA and while the character has been maintained, each has been renovated and maintained. Separate utilities. Both units have access to the basement where they share a washer & dryer for convenience. Unit 1 has hardwood flooring and tile throughout and Unit 2 has newly refinished hardwood flooring. There is a nice fenced in yard with a large covered porch for relaxing and rear patio. Improvement History: Exterior Vinyl siding, 2 new high efficiency heating systems, 2 on-demand hot water heaters, 2 electrical panels, old steam radiators were all removed and forced HW baseboards installed, new shower/tub installed in Unit 1, both sets of exterior stairs were rebuilt, all smoke detectors replaced in Unit 1, Roof was replaced 11 years ago with METAL, Shingles, & Rubber Membrane, all windows are replacement, and the 6+ car parking was repaved within the last 4 years. Get a start into property investment--LIVE IN ONE UNIT and RENT THE OTHER! Perfect way to wean into home ownership. The property is outlined by beautiful brick paver sidewalks. Walkable to Downtown Dover. Easy access to NH-16. Easy commute to Portsmouth, Maine & Boston. Come see for yourself! 24-hour notice for showings please.
Full Property Details
Full Property Details for 145 Locust St
General
- Sold For: $665,000
- Taxes: $8,323 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 4992229
- Added to Site: 704 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month, Unit2=Annual,
Interior
- Flooring: Hardwood, Tile
Exterior
- Exterior Features: Natural Shade, Porch - Covered, Windows - Storm
- Color: Beige
Parking
- Parking: Driveway, Off Street, On-Site, Parking Spaces 1 - 10, Parking Spaces 6+, Paved, Unassigned
Location
- County: Strafford
- Driving Directions: NH Rte 16 North to Exit 7 (NH-108 S./Central St/Dover). Left onto NH-108 and immediate right onto Locust St. Half mile to 145 Locust St on left--Corner Locust and Summer. Park in front on Locust or on Summer. Unit 1 is downstairs/Unit 2 is upstairs.
School Information
- School District: Dover School District SAU #11
- Elementary School: Woodman Park Elementary School
- Middle School: Dover Middle School
- High School: Dover High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Hot Water
- Heating Fuel: Gas - Natural
- Furnaces: 2
- Water Heaters: 2
Utilities
- Sewer: Public
- Trash: Municipal, Tenant
- Separate Meters: Yes
- # Gas Meters: 2
- # Electric Meters: 3
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Concrete Floor, Frost Wall, Full, Stairs - Exterior, Stairs - Interior, Unfinished, Walkout, Interior Access, Stairs - Basement
- Roof: Membrane, Metal, Shingle - Architectural
- Stories/Levels: 2.5
- Finished Total: 2,192 Sq. Ft.
- Finished Above Grnd: 2,192 Sq. Ft.
- Year Built: 1880
Unit Information
- 3 Bedroom Units: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Unit 1
- Square Feet: 1096
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Square Feet: 1096
- Level: 2 and 2.5
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Frontage: TBD
- Street/Road Desc.: Paved, Public
- Driveway/Sidewalk: Common/Shared, Paved
- Zoning: HR
Financial Considerations
- Price Per Sq. Ft.: $288.78
- Tax Amount: $8,323.37
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure, Tax Map
- Block: 46
Listed by EXP Realty, MaryJane Watterson
Sold by KW Coastal and Lakes & Mountains Realty, Kirstin M. Fleming
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Schools
Schools serving 145 Locust St
School District:Dover School District, Dover, NH
| Name | Grades | Distance |
|---|---|---|
Dover Senior High School 25 Alumni Drive, Dover, NH 03820 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 Locust St
Date
Details
Price
Change
Source
6/03/2024
Sold
$665,000
5.06%
MLS
4/22/2024
Listed
$633,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
145 Locust Street, Dover, NH 03820 (MLS# 4992229) is a Multi-Family property that was sold at $665,000 on June 03, 2024. Want to learn more about 145 Locust Street? Do you have questions about finding other Multi-Family real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.

