Fully occupied with strong positive cash flow. 6 unit multifamily with strong rental history on lovely Cushing St within walking distance to downtown. Many capital improvements and updates have been done to the building by caring landlords including costly gas boiler and roof. A third of the windows have been replaced, exhaust fans installed in all bathrooms, new coin op washers and dryers in basement, common areas have been refurbished, many areas have been repainted. Units have been improved at tenant turnover, including updating of some bathrooms, and flooring, and fresh paint. All tenants are receiving a rent increase as part of June/July lease renewal and all tenants have been notified that increases are coming. Basement has been equipped with 3 locked storage units, currently 2 are leased. Potential gross income in July could jump to $128,500. This property presents an excellent opportunity to build your empire in Dover with a potential cap rate of 8%! Showings begin at Open House on Saturday May 9, 2026.
Active under contract
Listed by: Coldwell Banker Hobin Realty LLC • Christy Hoffman
$1,395,000
16-18 Cushing Street, Dover, NH 03820
12beds
5,496sqft
Multi Family
Built in 1920
-- sqft lot
$1,320,800 Zestimate®
$254/sqft
$-- HOA
What's special
- 67 days |
- 45 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Christy Hoffman,
Coldwell Banker Hobin Realty LLC 603-964-1800
Source: PrimeMLS,MLS#: 5086708
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Steam
Cooling
- None
Appliances
- Included: Electric Water Heater, Separate Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate, Vinyl
- Basement: Daylight,Full,Partially Finished,Locked Storage,Walk-Out Access
Interior area
- Total structure area: 7,296
- Total interior livable area: 5,496 sqft
- Finished area above ground: 5,496
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Dirt, Off Street, Parking Spaces 4
Features
- Levels: 3
- Patio & porch: Porch
- Frontage length: Road frontage: 139
Lot
- Size: 4,792 Square Feet
- Features: City Lot, Corner Lot, Level
Details
- Zoning description: HR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Block, Brick, Concrete Slab, Stone
- Roof: Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Dover
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $968,200
- Annual tax amount: $19,054
- Date on market: 5/2/2026
- Road surface type: Paved
Estimated market value
$1,320,800
$1.25M - $1.39M
$2,841/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Listed for sale | $1,395,000+68.1%$254/sqft |
Source:  PrimeMLS #5086708 Report a problem | ||
| 9/3/2021 | Sold | $830,000-6.7%$151/sqft |
Source: PrimeMLS #4845208 Report a problem | ||
| 6/16/2021 | Contingent | $890,000$162/sqft |
Source: PrimeMLS #4845208 Report a problem | ||
| 4/14/2021 | Listed for sale | $890,000$162/sqft |
Source: PrimeMLS #4845208 Report a problem | ||
| 2/2/2021 | Pending sale | $890,000$162/sqft |
Source: Keller Williams Coastal and Lakes and Mountains Realty #4845208 Report a problem | ||
| 2/1/2021 | Contingent | $890,000$162/sqft |
Source: PrimeMLS #4845208 Report a problem | ||
| 1/26/2021 | Listed for sale | $890,000$162/sqft |
Source: PrimeMLS #4845208 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 03820
Nearby schools
GreatSchools rating
- 4/10Woodman Park SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Dover Middle SchoolGrades: 5-8Distance: 1.1 mi
- NADover Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Woodman Park Elementary School
- Middle: Dover Middle School
- High: Dover High School
- District: Dover
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Hampshire
- Strafford County
- Dover
- 03820
- 16-18 Cushing Street
Nearby cities
Nearby zip codes
Other Dover Topics
