Updated 2-Unit
New
For Sale
$640,000
10 Court Street, Dover, NH 03820
Both residences are leased and include in-unit laundry and dedicated off-street parking via separate driveways.
Property Size1,841 SF
Price / SF$347.64
Days on Market6
Property Features for 10 Court Street
General Information
Standard status
Active
Size
1,841 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
in-unit laundry
covered farmer's porch
rear deck
brick patio
Building Details
Year Built
1880
Buildings
1
Tenancy
Multi
Listing Agency:
KW Coastal and Lakes & Mountains Realty
Listed By:
Patrick McCann
(603) 818-9095
Source:
Killingtonpicorealty
Added: Oct 5
Changed: Oct 10
Last Checked: Oct 9 at 10:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal and Lakes & Mountains Realty
Investment Insights
Based on property information with market context.
Built in 1880, this two-story duplex contains two updated residences, each with two bedrooms and one bathroom. Both units have in-unit laundry and stainless steel appliances; one has quartz counters, while the other features granite. The first-floor residence also includes a covered porch and rear deck. A brick patio adds shared outdoor space, and each unit has its own driveway for off-street parking.
The property is in Dover, a short distance from downtown shops, restaurants, the riverfront, and Henry Law Park. Route 16, the Spaulding Turnpike, and the Dover train station provide regional connections, including service toward Portsmouth, Durham, and Boston. The roof’s shingle section and the covered porch were replaced in 2023. Zoning is CBD-G.
The property is in Dover, a short distance from downtown shops, restaurants, the riverfront, and Henry Law Park. Route 16, the Spaulding Turnpike, and the Dover train station provide regional connections, including service toward Portsmouth, Durham, and Boston. The roof’s shingle section and the covered porch were replaced in 2023. Zoning is CBD-G.
Key Highlights
- Two leased residences, each with 2 bedrooms and 1 bathroom
- Separate driveways provide dedicated off‑street parking for each unit
- In‑unit laundry in both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,689
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,780
$373.8K
Cap Rate 7%
$266,986
$267.0K
Cap Rate 9%
$207,656
$207.7K
Market Conditions
NOI Build-Up for 1,841 SF
Gross rent
$27.6K $15.00/SF
− Vacancy
−$917 −$0.50/SF
EGI
$26.7K $14.50/SF
− OpEx
−$8.0K −$4.35/SF
NOI
$18.7K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,780
Cap Rate 7%
$266,986
Cap Rate 9%
$207,656
Alternative Uses
Best Use
Multifamily LT 5
$267.0K
$233.6K – $311.5K
NOI $18,689 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$246.2K
$215.5K – $287.3K
NOI $17,236 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$492.5K
$431.0K – $574.6K
NOI $34,477 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,204
Businesses Nearby
Explore this area
Business Placement
Demographics for 03820, NH
32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and include in-unit laundry and dedicated off-street parking via separate driveways.
Where is this duplex located?
The property is located at 10 Court Street Dover, NH.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two leased residences, each with 2 bedrooms and 1 bathroom; Separate driveways provide dedicated off‑street parking for each unit; In‑unit laundry in both apartments
