Whether you're looking to add another property to your portfolio or purchase your first investment, 48 New York Street is an opportunity you won't want to overlook. This fully occupied two-family home offers immediate cash flow with both units currently rented, generating $4,250 per month in rental income. Even better, tenants pay all utilities except water and sewer, helping keep operating expenses low. The home features upper and lower units, each offering 2 bedrooms, 1 full bathroom, and a bonus room that provides added flexibility for a home office, guest space, or additional living area. With practical layouts and established tenants already in place, this is a true turnkey investment. Outside, you'll find a low-maintenance lot and off-street parking for two vehicles, making ownership simple while providing everyday convenience for tenants. Located just minutes from downtown Dover, the property is close to restaurants, shopping, parks, the waterfront, and major commuter routes, making it a location that continues to attract strong rental demand. Whether you're expanding an established portfolio, completing a 1031 exchange, or taking your first step into multifamily investing, 48 New York Street checks all the boxes. Strong rental income, low-maintenance ownership, and a prime Dover location make this a smart investment with immediate returns and long-term potential.
Active under contract
Listed by: Keller Williams Realty Evolution • Davis B McVay • 978-927-8700
$549,000
48 New York Street, Dover, NH 03820
4beds
1,820sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$302/sqft
$-- HOA
What's special
- 91 days
- 36
- 0
Zillow last checked:
Listing updated:
Listed by:
Davis B McVay,
Keller Williams Realty Evolution Phone:978-729-1102
Source: PrimeMLS,MLS#: 5101414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Hot Air, Hot Water
Cooling
- None
Features
- Basement: Concrete Floor,Full,Interior Stairs,Unfinished,Basement Stairs,Interior Entry
Interior area
- Total structure area: 2,730
- Total interior livable area: 1,820 sqft
- Finished area above ground: 1,820
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Paved, Off Street, On Site
Features
- Levels: Two
- Frontage length: Road frontage: 72
Lot
- Size: 2,614 Square Feet
- Features: City Lot, Level
Details
- Parcel number: DOVRM27064BL
- Zoning description: CBD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding
- Foundation: Brick, Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Included, Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Dover
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $376,700
- Annual tax amount: $7,413
- Date on market: 7/23/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $549,000+115.3%$302/sqft |
Source: | ||
| 7/3/2025 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2025 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/14/2024 | Sold | $255,000+15.9%$140/sqft |
Source: Public Record Report a problem | ||
| 3/15/2019 | Sold | $220,000-2.2%$121/sqft |
Source: | ||
| 11/10/2018 | Price change | $225,000-5.5%$124/sqft |
Source: Hunkins Real Estate Inc. #4719521 Report a problem | ||
| 9/20/2018 | Listed for sale | $238,000+190.2%$131/sqft |
Source: Hunkins Real Estate Inc. #4719521 Report a problem | ||
| 5/31/2001 | Sold | $82,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,845 +14.5% | $376,700 +17.8% |
| 2023 | $5,978 +1.3% | $319,700 +7.5% |
| 2022 | $5,902 -2.9% | $297,500 +6.2% |
| 2021 | $6,080 -1.9% | $280,200 +12.3% |
| 2020 | $6,200 +7.8% | $249,500 +9.3% |
| 2019 | $5,751 +6.3% | $228,300 +5.2% |
| 2018 | $5,408 +19.7% | $217,000 +24.3% |
| 2017 | $4,517 +2.8% | $174,600 +4.4% |
| 2016 | $4,396 +4% | $167,200 +5.2% |
| 2015 | $4,228 -3.2% | $158,900 -8.6% |
| 2011 | $4,368 +5.8% | $173,900 |
| 2010 | $4,130 +13.7% | $173,900 +1% |
| 2008 | $3,633 | $172,200 |
Find assessor info on the county website
Monthly payment
Est. payment





