16-18 Cushing St, Dover, NH 03820
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Lot size (acres)
- 0.11
- Year built
- 1920
Interior features
- Basement
- Yes, Partially finished
Utilities
- Heating
- Natural Gas, Steam
- Cooling
- None
Public schools
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Sourced from: PrimeMLS MLS®#: 5086708 Last checked: …

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