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Two-Family Residential Income Property

9 Arch Street Dover, NH 03820

9 Arch Street, Dover, NH, 03820
$749,900
For Sale
$749,900

Well-maintained two-unit home with hardwood floors, in-unit laundry, and direct side yard access plus an attached barn.

Property Size3,626 SF
Price / SF$206.81
Days on Market22

Property Features for 9 Arch Street

General Information

Standard status
Active
Size
3,626 SF
Property subtype
Multi Family

Building Details

Year Built
1880
Listing agency EXP Realty
Listed by Lee Ann Parks
Source Laerrealty
Added: Jun 30 Updated: Jul 20 at 9:12PM Checked: Jul 21 at 3:05AM

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 EXP Realty


Investment Insights

Based on property information with market context.

This well-maintained two-family residential property offers two separate units with character and abundant natural light. The first-floor unit includes two bedrooms, a living room, in-unit laundry, and a large storage room. It also features a second-bedroom layout that can function as a home office or guest space, along with direct access to the side yard and the attached barn. The second unit spans the second and third floors and provides four bedrooms, a bright living room, and an updated kitchen with granite countertops and stainless-steel appliances. Built-in storage and generous closet space are present throughout, and both apartments have hardwood flooring.

The property includes a large attached barn that can support storage, workshop, or hobby use. Each unit is served by two dedicated off-street parking spaces for added convenience.

Key Highlights

  • Two‑family home built in 1880 with hardwood floors and abundant natural light in both units
  • First‑floor unit has 2 bedrooms, a living room, in‑unit laundry, and a large storage room
  • Second unit spans 2nd and 3rd floors with 4 bedrooms, bright living room, built‑in storage, and generous closet space

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 $54.4k $15.00
− Vacancy −$1.8k −$0.50
EGI $52.6k $14.50
− OpEx −$15.8k −$4.35
NOI $36.8k $10.15
3,626 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$525.8K
$460.1K – $613.5K (±1% cap)
NOI $36,809 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$485.0K
$424.4K – $565.8K (±1% cap)
NOI $33,948 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$970.1K
$848.8K – $1.13M (±1% cap)
NOI $67,905 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Locksmith (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained two-unit home with hardwood floors, in-unit laundry, and direct side yard access plus an attached barn.
Where is this duplex located?
The property is located at 9 Arch Street Dover, NH.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two‑family home built in 1880 with hardwood floors and abundant natural light in both units; First‑floor unit has 2 bedrooms, a living room, in‑unit laundry, and a large storage room; Second unit spans 2nd and 3rd floors with 4 bedrooms, bright living room, built‑in storage, and generous closet space
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