Two-Unit Duplex with Spacious
33-35 St Thomas Dover, NH 03820
33-35 St Thomas, Dover, NH, 03820
$539,000
For Sale
$539,000
MULTI_FAMILY - Other - Dover, NH
Property Size1,572 SF
Lot Size0.08 Acres
Price / SF$342.88
Days on Market68
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
10 Fourth Street, Portsmouth, NH
Listed by
Darlene Colwell-Ellis · License #042783
(603) 610-8500
Added: May 14 Updated: Jul 7 at 3:47 pm Checked: Jul 20 at 1:06 pm
MLS# 5088937
Listing URL
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
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 | $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
Similar For Sale Nearby
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
