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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$850,000

MLS# 5015929
Under Contract 3451 sq.ft. Bedroom | 0 Bathroom
Multi Family
66 Grove Street Dover NH 		 
$850,000 | $246 per sq.ft. Under Contract | MLS# 5015929 A 4  Unit Multi Family Home, 66 Grove Street Dover NH With 2 - One Bedroom Units | 2 - Three Bedroom Units

Description:
Prime Investment Opportunity in Downtown Dover - 4-Unit Building with a 7.63% CAP Rate! Welcome to 66 Grove Street, a well-maintained 4-unit multi-family property offering an attractive 7.63% CAP rate in the heart of Dover, NH. This property provides a solid income stream and is a perfect addition to any investment portfolio. All units feature in-unit laundry for tenant convenience, making this property highly appealing in the rental market. With the landlord responsible for water & sewer and common area electric, tenant-paid utilities help keep operating costs low. Two of the units are occupied by tenants with housing assistance vouchers, ensuring reliable, consistent monthly income directly from their respective housing authorities. Key Features: - Four units with in-unit laundry & tenant paid utilities; - Two tenants on housing assistance, providing steady subsidized rent; - Landlord covers only water & sewer, and common electric utilities; - Ample off-street parking for tenants; - Strong rental history with potential for rent increases; - Located minutes from downtown Dover and local amenities; - Easy access to Route 16 for commuters; This property offers an excellent balance of convenience, low-maintenance management, and financial stability. Don't miss this chance to own a solid investment with dependable cash flow and long-term appreciation potential! Showings begin at OPEN HOUSE 9/29/24 from 12:00 - 2:00. Agent interest.

Annual Expenses
Taxes: $11,005 		    Income Gross Income | $
UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1750.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1400.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 3 INFORMATION

Beds: 3
Baths: 1
Rent : 2500.00 Monthly
Status : Leased
UNIT 4 INFORMATION

Beds: 3
Baths: 1
Rent : 550.00 Weekly
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Wood Siding | Price Per SQ.FT. 246.31 | Year Built: 1890
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Level
Avail.Sq.Ft.: 4
Livable Space: 3451
Above Grade Sq.Ft.: 3451
Below Grade Sq.Ft.: 0
Foundation: Block | Brick | Poured Concrete
Heating: Natural Gas | Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Style: Colonial
Roof: Shingle - Architectural
Water: Public
Sewer: Public
Lot size: 0.23 acres
Zoned: RM-U
Surveyed: Unk
Flood Zone: No
Seasonal: No
Roads: Paved | Public
Road Frontage: 102
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $11,005  | Assesed Value $0 in
SCHOOLS
Elementary School: Horne Street School
Middle School: Dover Middle School
High School: Dover High School
  • Exterior 22201709 Exterior
  • 66C - Kitchen/Dining 22201714 66C - Kitchen/Dining
  • 66C - Kitchen/Dining 22201715 66C - Kitchen/Dining
  • 66C - Kitchen/Dining 22201716 66C - Kitchen/Dining
  • 66C - Kitchen/Dining 22201776 66C - Kitchen/Dining
  • 66C - Entry/Laundry 22201862 66C - Entry/Laundry
  • 66C - Entry/Laundry 22201906 66C - Entry/Laundry
  • 66C - Bathroom 22201950 66C - Bathroom
  • 66C - Living Room 22201957 66C - Living Room
  • 66C - Living Room 22201974 66C - Living Room
  • 66C - 2nd Floor Bedroom 22201998 66C - 2nd Floor Bedroom
  • 66C - 2nd Floor Bedroom 22202008 66C - 2nd Floor Bedroom
  • 66C - 3rd Floor Bedroom 22202059 66C - 3rd Floor Bedroom
  • 66C - 3rd Floor Bedroom 22202081 66C - 3rd Floor Bedroom
  • 66C - 3rd Floor Landing/Door to Bedroom Not Photographed 22202128 66C - 3rd Floor Landing/Door to Bedroom Not Photographed
  • 66 - 2nd Floor Bedroom 22202139 66 - 2nd Floor Bedroom
  • 66 - 2nd Floor Bedroom 22202151 66 - 2nd Floor Bedroom
  • 66 - Kitchen/Dining 22202155 66 - Kitchen/Dining
  • 66 - Kitchen/Dining 22202168 66 - Kitchen/Dining
  • 66 - Living Room 22202171 66 - Living Room
  • 66 - Living Room 22202183 66 - Living Room
  • 66 - 1st Floor Bedroom 22202190 66 - 1st Floor Bedroom
  • 66 - 1st Floor Bedroom 22202191 66 - 1st Floor Bedroom
  • 66 - Bathroom 22202193 66 - Bathroom
  • 66 - Bathroom 22202204 66 - Bathroom
  • 66 - Bathroom 22202234 66 - Bathroom
  • 66 - 1st Floor Bedroom 22202296 66 - 1st Floor Bedroom
  • 66 - 1st Floor Bedroom 22202298 66 - 1st Floor Bedroom
  • 66B - Kitchen/Dining 22202355 66B - Kitchen/Dining
  • 66B - Kitchen 22202369 66B - Kitchen
  • 66B - Living Room 22202381 66B - Living Room
  • 66B - Living Room 22202383 66B - Living Room
  • 66B - Bathroom 22202419 66B - Bathroom
  • 66B - Bathroom 22202425 66B - Bathroom
  • 66B - Bedroom 22202469 66B - Bedroom
  • 66B - Bedroom 22202485 66B - Bedroom
  • Exterior 22202537 Exterior
15 Buck Rd. Hanover, NH 03755 603-643-3942

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