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$920,000
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Property Description
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.
Full Property Details
Full Property Details for 19-21 Chestnut St
General
- Sold For: $920,000
- Taxes: $10,395 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5035218
- Added to Site: 412 day(s) ago
Interior
- Flooring: Carpet, Vinyl, Wood
Exterior
- Exterior Features: Porch - Covered
Parking
- Parking: Driveway, Off Street, Parking Spaces 5, Paved
Location
- County: Strafford
- Driving Directions: GPS Friendly Location. Free parking on 4th Street.
School Information
- School District: Dover School District SAU #11
Heating & Cooling
- Cooling Type: None, Other
- Heating Type: Natural Gas, Hot Water
- Water Heaters: 5
Utilities
- Sewer: Public
- # Gas Meters: 1
- # Electric Meters: 5
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Bulkhead, Concrete Floor, Stairs - Interior, Storage - Assigned, Storage - Locked, Sump Pump, Unfinished
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 2,624 Sq. Ft.
- Finished Above Grnd: 2,624 Sq. Ft.
- Year Built: 1920
Unit Information
- 1 Bedroom Units: 4
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: CBD-G
Financial Considerations
- Price Per Sq. Ft.: $342.61
- Assessment Year: 2024
- Assessment Amount: $572,100
- Tax Amount: $10,395
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Right-Of-Way (ROW)
- Block: 44
- Lot Number: 0-0
Listed by Duston Leddy Real Estate, Kirstin Stallkamp
Sold by New Space Real Estate, LLC, Dylan E. Tooch
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Schools
Schools serving 19-21 Chestnut St
School District:Dover School District, Dover, NH
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 19-21 Chestnut St
Date
Details
Price
Change
Source
5/16/2025
Sold
$920,000
2.34%
MLS
4/08/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
19-21 Chestnut Street, Dover, NH 03820 (MLS# 5035218) is a Multi-Family property that was sold at $920,000 on May 16, 2025. Want to learn more about 19-21 Chestnut 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.

