Peggy Carter Team

540-542 Central AvenueDover, NH 03820Sale Price: $800,000

  • Sale Price: $800,000
  • 2 Days Since Sale
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Federal 30-year interest rate: 3.55% last updated on Jan 27, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $850,000List Price
  • 6Bathrooms
  • 0.12Acreage
  • 4,251Square Feet

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Listed by Andrew Samonas of Samonas Realty,LLC

Listing Sold by Samonas Realty, LLC
This is the sale of two buildings to be conveyed together. The annual gross income of both properties combined is $89,880. All expenses listed include both properties. The NOI is $61,544 which makes this a 7.2% Cap Rate. Combined there are 6 units. In 540/542 Central Ave you have two ground floor commercial spaces that are currently rented month-to-month. Above those spaces are two apartments that are under annual leases. Immediately next to it is #4 Sixth Street. This building has 2 total units. One of them is one the ground floor and has two bedrooms. The top unit is a two-story, 4-bedroom apartment rented to 3 tenants. The two properties share a coin-op laundry machine in the back of 540 Central Ave. All residential units are under annual leases. The sale will include and maintain two separate deeds. There will be an Open House on Friday 10/22 from 11:00-1:30pm. Please park adjacent to the property on Sixth St. Please do not enter the businesses without an appointment.

Property Details of 540-542 Central Avenue

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 January 28, 2022.

 

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