Three-Unit Townhouse-Style
For Sale
$579,000
6 Saint John Street, Dover, NH 03820
Three one-bedroom apartments provide separate dining areas and off-street parking in a compact downtown property.
Property Size1,620 SF
Lot Size0.08 Acres
Price / SF$357.41
Days on Market22
Property Features for 6 Saint John Street
General Information
Standard status
Active
Size
1,620 SF
Lot size
0.08 Acres
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1986
Construction
vinyl siding, slab construction
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
Listed By:
Darlene Colwell-Ellis · License #042783
(603) 610-8988
Source:
Lakesregionrealestate
Added: Oct 11
Changed: Oct 31
Last Checked: Oct 30 at 6:05PM
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/Dover
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Investment Insights
Based on property information with market context.
This triplex contains three townhouse-style apartments, each with one bedroom and one full bath. The 1,620-square-foot building dates to 1986 and sits on a 0.08-acre lot. Each unit has a galley kitchen, a separate dining area, a living room, and an upstairs bedroom with a walk-in closet. Vinyl siding and slab construction complete the building’s physical profile, while a small rear seating area offers outdoor space.
The property is less than a five-minute walk from historic downtown Dover, near local shops, restaurants, and other downtown amenities. Off-street parking accommodates two vehicles per unit. The property is zoned CBD-G and is fully rented.
The property is less than a five-minute walk from historic downtown Dover, near local shops, restaurants, and other downtown amenities. Off-street parking accommodates two vehicles per unit. The property is zoned CBD-G and is fully rented.
Key Highlights
- Three one‑bedroom, one‑bath units
- 1,620‑square‑foot building constructed in 1986
- Townhouse‑style layouts with galley kitchens, separate dining areas, and upstairs bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,445
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,900
$328.9K
Cap Rate 7%
$234,929
$234.9K
Cap Rate 9%
$182,722
$182.7K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$24.3K $15.00/SF
− Vacancy
−$807 −$0.50/SF
EGI
$23.5K $14.50/SF
− OpEx
−$7.0K −$4.35/SF
NOI
$16.4K $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%
$328,900
Cap Rate 7%
$234,929
Cap Rate 9%
$182,722
Alternative Uses
Best Use
Multifamily LT 5
$234.9K
$205.6K – $274.1K
NOI $16,445 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$216.7K
$189.6K – $252.8K
NOI $15,167 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$433.4K
$379.2K – $505.6K
NOI $30,338 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom apartments provide separate dining areas and off-street parking in a compact downtown property.
Where is this triplex located?
The property is located at 6 Saint John Street Dover, NH.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bath units; 1,620‑square‑foot building constructed in 1986; Townhouse‑style layouts with galley kitchens, separate dining areas, and upstairs bedrooms
