Two-Unit Duplex with Spacious
33-35 St Thomas Dover, NH 03820
For Sale
$539,000
MULTI_FAMILY - Other - Dover, NH
Property Size1,572 SF
Lot Size0.08 Acres
Price / SF$342.88
Days on Market73
Property Features for 33-35 St Thomas
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CBD-M
- Rooms
- Basement
- Parking features
- On Street
- Exterior features
- Shed
- Standard status
- Active
- Size
- 1,572 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7413
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1800
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Combination, Tile - Ceramic, Vinyl
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
(603) 969-6632
Listed By:
Darlene Colwell-Ellis · License #042783
(603) 610-8500
Added: May 14
Changed: Jul 7
Last Checked: Jul 25 at 4:06AM
MLS# 5088937
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
33-35 Saint Thomas Street is a two-unit duplex featuring townhouse-style layouts with both units configured as 2 bedrooms and 1 bathroom. One unit has bright living spaces with updated flooring and refreshed finishes, along with a renovated bathroom featuring subway tile and modern fixtures. The kitchens offer functional layouts with ample cabinet space and updated appliances. The upper-level rooms include sloped ceilings and additional versatile living space. The second 2BR unit is also townhouse-style, but it does need more updating and renovation.
The property is located in the heart of historic downtown Dover, within walking distance of restaurants, coffee shops, shopping, and entertainment. A driveway provides minimal parking. Outside, the duplex presents classic curb appeal with a welcoming front entry and a surprisingly spacious backyard area.
For owner-occupants or investors, the property offers two separate 2BR/1BA units in a compact downtown setting, with one unit showing clearer interior updates and the other providing an opportunity for renovation. With its townhouse-style configuration and shared property grounds, it may appeal to buyers looking to manage rental and living space from a single address.
The property is located in the heart of historic downtown Dover, within walking distance of restaurants, coffee shops, shopping, and entertainment. A driveway provides minimal parking. Outside, the duplex presents classic curb appeal with a welcoming front entry and a surprisingly spacious backyard area.
For owner-occupants or investors, the property offers two separate 2BR/1BA units in a compact downtown setting, with one unit showing clearer interior updates and the other providing an opportunity for renovation. With its townhouse-style configuration and shared property grounds, it may appeal to buyers looking to manage rental and living space from a single address.
Key Highlights
- Duplex at 33‑35 Saint Thomas St in historic downtown Dover, with both units townhouse‑style, 2BR and 1 bath each
- Wood frame construction with shingle roof and forced‑air heating
- Interior includes basement level and mixed flooring: ceramic tile, vinyl, laminate, and combination flooring
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.6k | $15.00 |
| − Vacancy | −$783 | −$0.50 |
| EGI | $22.8k | $14.50 |
| − OpEx | −$6.8k | −$4.35 |
| NOI | $16.0k | $10.15 |
1,572 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.0K
$199.5K – $266.0K
NOI $15,958 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$210.3K
$184.0K – $245.3K
NOI $14,718 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two 2BR townhouse-style units near downtown amenities, plus a driveway and a larger backyard area.
Where is this duplex located?
The property is located at 33-35 St Thomas Dover, NH.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Duplex at 33‑35 Saint Thomas St in historic downtown Dover, with both units townhouse‑style, 2BR and 1 bath each; Wood frame construction with shingle roof and forced‑air heating; Interior includes basement level and mixed flooring: ceramic tile, vinyl, laminate, and combination flooring
