Two-Family Duplex with Off-Street
7-9 Durrell Street Dover, NH 03820
7-9 Durrell Street, Dover, NH, 03820
$474,000
For Sale
$474,000
Two-family duplex offers ample off-street parking but needs substantial rehabilitation and is sold as-is.
Property Size3,363 SF
Price / SF$140.95
Days on Market70
Property Features for 7-9 Durrell Street
General Information
- Standard status
- Active
- Size
- 3,363 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
Keller Williams Gateway Realty
(603) 945-2399
Listed by
Haynes Realty Group
(603) 945-2399
Source
Compass
Added: May 13 Updated: Jul 21 at 3:14AM Checked: Jul 21 at 3:14AM
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 Keller Williams Gateway Realty
Investment Insights
Based on property information with market context.
This two-family duplex includes two existing units and offers ample off-street parking. The property is expected to require substantial rehabilitation and updating, and it is being sold as-is.
The location is described as walkable to downtown Dover and close to the train station, supporting convenient day-to-day access.
Because the property likely requires renovation work and may not qualify for traditional financing, it may be best suited for buyers using renovation financing or cash purchases. The units are described as exceptionally large compared to similar multifamily homes in the area, presenting opportunities for reconfiguration or increased unit count subject to proper municipal approvals.
The location is described as walkable to downtown Dover and close to the train station, supporting convenient day-to-day access.
Because the property likely requires renovation work and may not qualify for traditional financing, it may be best suited for buyers using renovation financing or cash purchases. The units are described as exceptionally large compared to similar multifamily homes in the area, presenting opportunities for reconfiguration or increased unit count subject to proper municipal approvals.
Key Highlights
- Two‑family duplex with 2 full baths and 2.5 total stories
- Basement: full, unfinished, with interior access
- Heating includes oil, hot water, and steam
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 | $50.4k | $15.00 |
| − Vacancy | −$1.7k | −$0.50 |
| EGI | $48.8k | $14.50 |
| − OpEx | −$14.6k | −$4.35 |
| NOI | $34.1k | $10.15 |
3,363 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.7K
$426.7K – $569.0K
NOI $34,139 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$449.8K
$393.6K – $524.8K
NOI $31,486 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$899.7K
$787.3K – $1.05M
NOI $62,980 @ 7.0% cap · market cap 13.29%
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 - Two-family duplex offers ample off-street parking but needs substantial rehabilitation and is sold as-is.
Where is this duplex located?
The property is located at 7-9 Durrell Street Dover, NH.
What is the asking price?
The asking price for this property is $474,000.
What are key features of this property?
This property features: Two‑family duplex with 2 full baths and 2.5 total stories; Basement: full, unfinished, with interior access; Heating includes oil, hot water, and steam
