29-31 Silver StreetDover, NH 03820

Description

**INVESTMENT OPPORTUNITY IN DOWNTOWN DOVER!** Ideally situated on a desirable corner lot along Silver Street, this well-maintained multifamily property offers immediate rental income, attractive operating expenses, and future investment potential. Located within walking distance of downtown Dover, this property features two spacious residential units, with one currently leased at $2,425 per month and the second vacant and ready to lease, with a previously established rent of $2,650 per month. Tenants are responsible for heat, hot water, electricity, and the majority of water and sewer expenses, helping minimize ownership costs. The property has benefited from numerous improvements, including updated electrical service, plumbing improvements, and a newer roof on a portion of the building. Both units offer in-unit laundry, generous living spaces, and attractive architectural details, including hardwood and wide-pine flooring. **Zoned CBD-M (Central Business District Mixed Use),** the property offers potential flexibility for future residential or professional office uses, subject to municipal approvals. Its proximity to downtown restaurants, shopping, Henry Law Park, the University of New Hampshire, and major commuter routes makes this an appealing rental location. Whether expanding an existing portfolio or seeking a well-located investment with additional upside, 29–31 Silver Street presents an excellent opportunity in Dover's growing downtown market. Broker Interest.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Multi-Family

Year built

1800

Stories

2

Living area

2,894 Sq Ft

Lot size

0.12 acres

Zoning

CBD-M

Days on market

22

MLS^® Listing#

5114074

Property Features

Cooling

None

Heating

Steam · Natural Gas

Flooring

Hardwood

Basement

Concrete · Finished · Full · Unfinished

Parking

Paved · Assigned · Driveway · On Site

Lot features

Corner Lot

Construction

Vinyl Siding

Foundation

Brick/Mortar · Stone

Roof

Shingle

Utilities

Cable Available

Sewer

Public Sewer

Water source

Public

Schools

Middle

Dover Middle School

High

Dover High School

District

Dover School District SAU #11

Financial Details

Annual taxes

$11,584Tax year 2025