Three-Building Multifamily
7-13 Belknap St Dover, NH 03820
For Sale
$1,600,000
Three-building six-unit portfolio offers five two-bedroom and one three-bedroom unit within walking distance of Downtown Dover.
Property Size6,498 SF
Price / SF$246.23
Days on Market57
Property Features for 7-13 Belknap St
General Information
Standard status
Active
Size
6,498 SF
Property subtype
Investment
Building Details
Year Built
1890
Listing Agency:
The Boulos Company
(603) 427-1333
Listed By:
Christian Stallkamp · License #064644
Source:
Elliman
Added: Jun 1
Changed: Jul 20
Last Checked: Jul 24 at 9:35AM
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 The Boulos Company
Investment Insights
Based on property information with market context.
A three-building, six-unit multifamily portfolio at 7–13 Belknap St offers a practical unit mix for rental housing. The buildings include five two-bedroom/one-bath units and one three-bedroom/two-bath unit. Totaling approximately 6,498± SF, the properties have been well maintained and are positioned for stable operations.
The portfolio is located in Dover, NH within walking distance of Downtown Dover, with proximity to employment centers, dining, retail, and major transportation routes. BikeScore of 57 (Bikeable) and WalkScore of 72 (Very Walkable) support convenient access to the city center.
For an owner seeking a straightforward portfolio structure, the configuration provides multiple two-bedroom units alongside a larger three-bedroom option, supporting day-to-day leasing flexibility across the property mix.
The portfolio is located in Dover, NH within walking distance of Downtown Dover, with proximity to employment centers, dining, retail, and major transportation routes. BikeScore of 57 (Bikeable) and WalkScore of 72 (Very Walkable) support convenient access to the city center.
For an owner seeking a straightforward portfolio structure, the configuration provides multiple two-bedroom units alongside a larger three-bedroom option, supporting day-to-day leasing flexibility across the property mix.
Key Highlights
- Three‑building, six‑unit multifamily portfolio at 7–13 Belknap Street
- Building area: 6,498± SF; year built 1890
- Unit mix includes five 2BR/1BA units and one 3BR/2BA unit
Financial Insights For Apartment 5plus
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 | $114.6k | $17.64 |
| − Vacancy | −$4.0k | −$0.62 |
| EGI | $110.6k | $17.02 |
| − OpEx | −$49.8k | −$7.66 |
| NOI | $60.8k | $9.36 |
6,498 SF · lease $17.64/SF/yr · vacancy 3.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$869.1K
$760.5K – $1.01M
NOI $60,837 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,689 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Three-building six-unit portfolio offers five two-bedroom and one three-bedroom unit within walking distance of Downtown Dover.
Where is this apartment building located?
The property is located at 7-13 Belknap St Dover, NH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three‑building, six‑unit multifamily portfolio at 7–13 Belknap Street; Building area: 6,498± SF; year built 1890; Unit mix includes five 2BR/1BA units and one 3BR/2BA unit
