BEDS4
BATHS2 full
SQUARE FEET1,820
MLS#5101414
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Listing Courtesy of:
Keller Williams Realty Evolution
Agency Contact: Phone: 978-729-1102
Associate Name: Davis McVay
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete Floor, Full, Interior Stairs, Unfinished, Basement Stairs
Cooling: None
Heating: Natural Gas, Hot Air, Hot Water
Home Style: Multi-Family
Lot Size: 0.06 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $7,413
Year Built: 1900
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $2150.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $2100.00
Feature Descriptions
Construction: Wood Frame, Aluminum Siding
Construction Status: Existing
Days on Site: 1
Driveway: Common/Shared, Paved
Driveway: Common/Shared, Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Aluminum Siding
Flood Zone: No
Foundation: Brick, Stone
Foundation: Brick, Stone
Lot: City Lot, Level
Parking: Off Street, On-Site, Paved
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 1820
Total Stories: 2
Units: 2
Water: Included, Public
Zoning: CBD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Evolution
Agency Contact: Phone: 978-729-1102
Agent Name: Davis McVay
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,999.71 per month $1,221.84 Principal & Interest $617.75 Property Tax $160.13 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-07-23 23:33:21 
48 New York Street | MLS# 5101414
This multi-family property located at 48 New York Street, Dover, NH 03820 is currently listed for sale with an asking price of $549,000. Search Dover real estate on www.masiellogrouprealestate.com today.