- beds
- 4
- baths
- 2
- sq ft
- 1,820
- Built
- 1900
48 New York Street
Dover, NH 03820
Residential Income · Active · MLS #5101414
Listing Courtesy of Keller Williams Realty Evolution | Davis B McVay
The home
About this home
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 information
Details at a glance
Interior2 property facts
- Heating
- Forced Air, Hot Water, Natural Gas
- Cooling
- None
Building4 property facts
- Style
- Multi Family
- Year built
- 1900
- Foundation
- Brick/Mortar, Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.06 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- CBD
Financial2 property facts
- Annual taxes
- $7,413
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $549,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,394 / monthAdjust
- Principal & interest
- $2,776
- Property tax
- $618
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,413. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Dover.
| Metric | This home | Local listings |
|---|---|---|
| List price | $549,000 | $750,00027% below local |
| Price / sq ft | $302 | $26613% above local |
| Days on market | 6 | 3784% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Need help making sense of this home?
Common questions
About 48 New York Street
Can I request a private showing?
Request a tour of 48 New York Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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