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Listed by: Coldwell Banker Hobin Realty LLC • Christy Hoffman

Price cut: $96K (7/24)

$1,299,000

16-18 Cushing Street, Dover, NH 03820

12beds

5,496sqft

$9,568/mo

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Multi Family

Built in 1920

-- sqft lot

$1,253,400 Zestimate^®

$236/sqft

$-- HOA

What's special

Fresh paintUpdating of some bathroomsCostly gas boiler

Rare in Dover: 7.6% CAP at current rental rates. Potential for even more with increases in rents. Fully occupied with strong positive cash flow. 6 unit multifamily with consistent 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. Basement has been equipped with 3 locked storage units, currently 1 is leased so potential for even more income with the 2 available. This property presents an excellent opportunity to build your empire in Dover!

157 days
366
17

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: $236/sqft
Tax assessed value: $968,200
Annual tax amount: $19,054
Date on market: 5/2/2026
Road surface type: Paved

Estimated market value

$1,253,400

$1.19M - $1.32M

$2,398/mo

Price history

Date	Event	Price
7/24/2026	Price change	$1,299,000-6.9%$236/sqft
Source: PrimeMLS #5086708 Report a problem
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