11 Ham Street

Dover, NH 03820

MLS ID# 4858637 Active
Multi-Family

$537,000

4 units


Details for 11 Ham Street, Dover NH 03820

Potential, Potential, Potential! Investors take notice. The third floor within the two center units are being underutilized and there is a lot of room to increase the earning potential. The roof is about five years old and the siding work has been started for you. There are some long term tenants that have been in the building for 10+ years and two of the units have been updated. The current rents are well under market and the current cap rate is at 5.9%. And, the project cap rate could be approximately 10.2% at fair market rents. This property will be a great addition to any investors portfolio. Whether you are just starting out or you are adding a great asset to your portfolio, this property should be analyzed immediately. Only an eight minute walk from downtown and it's only close to commuter roads.

Features and Details

  • Category Multi-Family
  • Type Multi-Family
  • Village/Neighborhood
  • County Strafford
  • Lot Size 4356
  • Acreage 0.1
  • MLS ID# 4858637
  • Year Built 1900
  • Beds Total 0
  • Baths Total 0
  • Baths Full 0
  • Baths Half 0
  • Garage Capacity 0
  • Total Units 4
  • Living Area 4192 sqft

Basement
Bulkhead, Dirt Floor, Stairs - Interior, Unfinished
Construction
Wood Frame
Driveway
None
Electric
100 Amp
Foundation
Axle, Brick, Stone
Garage/Parking
On Street
Heating
Hot Water
Cooling
None
Lot Description
City Lot
Siding
Aluminum, Vinyl Siding
Schools - District
Dover School District SAU #11
Schools - High
Dover High School
Schools - Middle/Jr
Dover Middle School
Style
Conversion
Roads
Public
Tax
Year: 2019, Amount: $11023
Deed
Book: 3988, Page: 0180
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Unit 1
Baths: 1, Bedrooms: 2, Tenant Pays: Electric,Heat,Hot Water, Lease Agreement: Yes, Lease Term: Annual, Monthly Rent: 1195
Unit 2
Baths: 1, Bedrooms: 2, Tenant Pays: Electric,Heat,Hot Water, Status: Month to Month, Lease Agreement: No, Monthly Rent: 725
Unit3
Baths: 1, Bedrooms: 3, Status: Month to Month, Lease Agreement: No, Lease Term: Month to Month, Monthly Rent: 850
Unit 4
Baths: 1, Bedrooms: 3, Status: Month to Month, Lease Agreement: No, Lease Term: Month to Month, Monthly Rent: 1095
Sale Type
Sale

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.

This listing was last updated on 5/10/2021 7:07:26 PM.