Sold

770 Central AvenueDover, NH 03820Sale Price: $3,000,000

  • Sale Price: $3,000,000
  • 309 Days Since Sale
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Federal 30-year interest rate: 6.81% last updated on Nov 27, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,271,000List Price
  • 01/30/2024Sale Date
  • 0.99Acreage
  • 19,374Square Feet
This mixed-use property represents an unparalleled investment opportunity, combining secure commercial leasing with the consistently growing demand for premium residential units. The long-term absolute net lease with a reputable medical tenant ensures a stable and reliable income stream, while the thriving rental market creates the perfect environment for a lucrative return on investment. First floor consists of 7 condominium units, configured to accommodate a single tenant and has long term lease in place with the Wentworth-Douglass Hospital. The second story comprises 8 well appointed residential units with a mix of 1 to 3 bedrooms and separately metered utilities. Convenient layouts with 2-bedroom units featuring 3rd floor loft bedroom. Stable occupancy through the years provide for upside potential. With its unique blend of commercial and residential spaces, prime location, and impressive growth prospects, this property stands as an exceptional choice for astute investors seeking long-term success.
Listed by Viktoria Alkova of KW Coastal and Lakes & Mountains Realty

Sold by KW Coastal and Lakes & Mountains Realty

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 4, 2024 1:53 AM EST

 

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