In-Town Duplex-Style Multi-Unit
3-5 Winter Street Dover, NH 03820
3-5 Winter Street, Dover, NH, 03820
$549,900
For Sale
$549,900
Multi-unit building with separate utilities, multiple washer/dryer setups, and parking including a two-car garage.
Property Size2,904 SF
Price / SF$189.36
Days on Market49
Property Features for 3-5 Winter Street
General Information
- Standard status
- Active
- Size
- 2,904 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1900
Listing agency
Coldwell Banker Hobin Realty LLC
(603) 964-1800
Listed by
Christy Hoffman
(603) 964-1800
Source
Threehillsres
Added: Jun 4 Updated: Jul 21 at 8:08PM Checked: Jul 21 at 8:08PM
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 Coldwell Banker Hobin Realty LLC
Investment Insights
Based on property information with market context.
Duplex-style multi-unit building featuring a 4-bedroom residence on the 2nd and 3rd floors and a 2-bedroom unit on the 1st floor. Each unit has its own washer and dryer, with the 4-bedroom unit offering two full bathrooms and a sunny three-season porch. The 2-bedroom first-floor unit has its own washer and dryer in the basement and is currently vacant, while the building also offers hardwood floors, low-maintenance siding, and fresh paint on the first floor.
The property is described as being within walking distance to everything and includes plenty of parking for each unit, as well as a two-car garage. Water and sewer are metered, helping keep expenses down relative to other shared utility models, and the remaining utilities are separate for each unit.
A brokered open house is scheduled for Friday, May 29th from 4–6pm, with showings beginning at that time.
The property is described as being within walking distance to everything and includes plenty of parking for each unit, as well as a two-car garage. Water and sewer are metered, helping keep expenses down relative to other shared utility models, and the remaining utilities are separate for each unit.
A brokered open house is scheduled for Friday, May 29th from 4–6pm, with showings beginning at that time.
Key Highlights
- Multi‑unit in‑town building with multiple washer/dryer setups: 4BD unit with in‑unit washer/dryer plus sunny 3‑season porch; 1st‑floor 2BD unit with washer/dryer in basement
- Unit mix: 4‑bedroom unit on 2nd and 3rd floors and a 2‑bedroom unit on the 1st floor
- Separate utilities for each unit plus metered water/sewer, with low expense noted in the listing
Local 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 | $43.6k | $15.00 |
| − Vacancy | −$1.4k | −$0.50 |
| EGI | $42.1k | $14.50 |
| − OpEx | −$12.6k | −$4.35 |
| NOI | $29.5k | $10.15 |
2,904 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.1K
$368.5K – $491.3K
NOI $29,480 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$388.4K
$339.9K – $453.1K
NOI $27,188 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$776.9K
$679.8K – $906.4K
NOI $54,384 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Multi-unit building with separate utilities, multiple washer/dryer setups, and parking including a two-car garage.
Where is this duplex located?
The property is located at 3-5 Winter Street Dover, NH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Multi‑unit in‑town building with multiple washer/dryer setups: 4BD unit with in‑unit washer/dryer plus sunny 3‑season porch; 1st‑floor 2BD unit with washer/dryer in basement; Unit mix: 4‑bedroom unit on 2nd and 3rd floors and a 2‑bedroom unit on the 1st floor; Separate utilities for each unit plus metered water/sewer, with low expense noted in the listing
