16-18 Cushing St

5,496 Sq. Ft.
$254 / Sq. Ft.
5,496
Sq. Ft.
$254
per Sq. Ft.

Description

Fully occupied with strong positive cash flow. 6 unit multifamily with strong rental history on lovely Cushing St within walking distance to downtown. Many capital improvements and updates have been done to the building by caring landlords including costly gas boiler and roof. A third of the windows have been replaced, exhaust fans installed in all bathrooms, new coin op washers and dryers in basement, common areas have been refurbished, many areas have been repainted. Units have been improved at...Fully occupied with strong positive cash flow. 6 unit multifamily with strong rental history on lovely Cushing St within walking distance to downtown. Many capital improvements and updates have been done to the building by caring landlords including costly gas boiler and roof. A third of the windows have been replaced, exhaust fans installed in all bathrooms, new coin op washers and dryers in basement, common areas have been refurbished, many areas have been repainted. Units have been improved at tenant turnover, including updating of some bathrooms, and flooring, and fresh paint. All tenants are receiving a rent increase as part of June/July lease renewal and all tenants have been notified that increases are coming. Basement has been equipped with 3 locked storage units, currently 2 are leased. Potential gross income in July could jump to $128,500. This property presents an excellent opportunity to build your empire in Dover with a potential cap rate of 8%! Showings begin at Open House on Saturday May 9, 2026.
  1. Listed by Christy Hoffman • Coldwell Banker Hobin Realty LLC

Property Details for 16-18 Cushing Street

Water View
No
Waterfront Property
No
Zoning
HR
LISTING UPDATED: 05/09/2026 04:30 PM

Property Details for 16-18 Cushing Street

StatusActive
MLS #5086708
Days on Market23
Taxes$19,054 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.11 AC / 4,791 SF
CountyStrafford County

Location

Listing Courtesy of Coldwell Banker Hobin Realty LLC
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Building Information for 16-18 Cushing Street

Stories3Residences6Year Built1920Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$8,539 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,951

Property Taxes

$1,588

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16-18 Cushing Street

Summary
Location and General Information
  • City: Dover
  • County: NH-Strafford
  • Directions: From Spaulding Turnpike take exit 8E towards downtown Dover. Go right at first exit off traffic circle. Take a left on Cushing, property is on the right.
  • Latitude: 43.193054246898342
  • Longitude: -70.880522626983648
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 10
  • Zip Code: 03820
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Dirt
Property
Lot Information
  • Block: 78
  • Footprint: 60X30
  • Lot: 0
  • Lot Features: City Lot, Corner, Level
  • Lot Size Acres: 0.11
  • Road Frontage Length: 139.0
  • Water Body Access: No
  • Total Finished Area: 5496.0
  • Above Grade Finished Area: 5496.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Assessor
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Unfinished Area: 1800.0
  • BelowGradeUnfinishedAreaSource: Assessor
  • Lot Size Square Feet: 4792.0
  • Total Area: 7296.0
Property and Assessments
  • Assessment Amount: $968,200
  • Assessment Year: 2025
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: No
  • Flood Zone: No
  • PreConstruction: No
  • ROW to other Parcel: No
  • Surveyed: Unknown
  • Year Built: 1920
  • School District: Dover
  • High School: Dover High School
  • Middle/Jr School: Dover Middle School
  • Elementary School: Woodman Park Elementary School
Utilities
  • Electric: 100 Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available
  • Total Gas Meters: 0
  • Total Electric Meters: 7
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: beige
  • Construction Materials: Wood Frame
  • Roof: Rolled
  • Total Ranges: 6
Interior Features
  • Appliances: Electric Water Heater, Separate Water Heater
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Full, Partially Finished, Locked Storage
  • Total Full Baths: 6
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Heating: Natural Gas, Steam
  • Cooling: None
  • Total Refrigerators: 6
  • Total Rooms Above Ground: 30
  • Total Stories: 3
  • Total Water Heaters: 6
Multi Family
Income & Expenses Information
  • Gross Income: $121,300.00
  • Net Income: $88,776.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal, Utilities, Water/Sewer
  • Operating Expense: $32,524
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 0
  • Total 2 BR Units: 6
  • Total 3+ BR Units: 0
  • Total Heat Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 5
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
  • Unit 1 Info: Electric Range, Refrigerator, Smoke Detector
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 5
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Info: Electric Range, Refrigerator, Smoke Detector
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 5
  • Unit 3 Level Number: 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 2
  • Unit 3 Info: Electric Range, Refrigerator, Smoke Detector
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 1
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 5
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Leased
  • Unit 4 Info: Electric Range, Refrigerator, Smoke Detector
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Level Number: 2
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 5
  • Unit 5 Lease Term: Month to Month
  • Unit 5 Info: Electric Range, Refrigerator, Smoke Detector
  • Unit 5 Tenant Pays: Electric, Heat, Hot Water
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Level Number: 3
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 2
  • Unit 6 Rooms: 5
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Info: Electric Range, Refrigerator, Smoke Detector
  • Unit 6 Tenant Pays: Electric, Heat, Hot Water
Rental
Rent Information
  • Total Leases: 6

Property History for 16-18 Cushing Street

DateEvent & SourcePriceAppreciation
May 2, 2026

Listed (Active)

New England Real Estate Network #5086708

$1,395,000—
Sep 3, 2021

Sold (Public Record)

Public Record #1471003971

$830,000

+4.7% / yr

Sep 3, 2021

Sold

New England Real Estate Network #4845208

$830,000—
DateEvent & SourcePrice
05/02/2026

Listed (Active)

New England Real Estate Network #5086708

$1,395,000
09/03/2021

Sold (Public Record)

Public Record #1471003971

$830,000

+4.7% / yr

09/03/2021

Sold

New England Real Estate Network #4845208

$830,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16-18 Cushing Street

Taxable ValueLand$163,300Additions$804,900Total$968,200
Tax Record2025$19,054 ($1,588 / month)
Home Facts
Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningHRCountySTRAFFORDAPNDOVR M:10078 B: L:

Schools near 16-18 Cushing Street

This home is within Dover School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 2
Rating
School
Distance
Woodman Park School
PublicPK to 4

Dover Middle School
Public5 to 8

Dover Senior High School
Public9 to 12

My School
PrivatePK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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16-18 Cushing Street is a multi-family home for sale in Dover, NH 03820. This property was listed for sale on May 2, 2026 by Coldwell Banker Hobin Realty LLC, it's currently listed at $1,395,000. It has been on the market for a total of 23 days and was last sold on September 3, 2021. This listing's school district is Dover School District. Nearby schools include Woodman Park School, Dover Middle School and Dover Senior High School. 16-18 Cushing Street is a 12-bed, 6-bath, 5,496 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Hobin Realty LLC

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