Investor alert! Welcome to 19-21 Chestnut Street, a fully renovated four-unit multifamily property just steps from vibrant downtown Dover. Offering an impressive 8% cap rate at market rents, this turnkey investment is an excellent addition to any portfolio. The building features four spacious one-bedroom units—two front-to-back, single-level apartments on the first floor with additional rear deck access, and two townhouse-style units on the second floor with two levels of living space. Each unit is equipped with a well-appointed kitchen, a full bathroom, in-unit laundry hookups, and has been tastefully updated throughout. The property has undergone extensive improvements, including updated electric & plumbing, spray foam insulation, new windows, low-maintenance vinyl siding, and composite decking, railings, and trim. The basement includes a high-efficiency Buderus gas boiler, four new hot water tanks, a coin-operated washer and dryer, tenant & owner storage lockers, a workshop area with toilet and sink, a poured concrete floor with French drain, and bulkhead access to the rear. A paved driveway leads to five lined off-street parking spaces for tenants, adding further convenience and value. This is a rare opportunity to own a fully updated, low-maintenance multifamily in one of Dover’s most desirable locations. OFFER DEADLINE: Weds April 16th at 4PM. Reach out for additional info.
Closed
Listed by:
Kirstin Stallkamp,
Duston Leddy Real Estate Cell:603-828-3820
$920,000
19-21 Chestnut Street, Dover, NH 03820
--beds
--baths
2,624sqft
Multi Family
Built in 1920
-- sqft lot
$926,500 Zestimate®
$351/sqft
$2,748 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 19, 2025 at 09:03am
Listed by:
Kirstin Stallkamp,
Duston Leddy Real Estate Cell:603-828-3820
Bought with:
Dylan Tooch
New Space Real Estate, LLC
Source: PrimeMLS,MLS#: 5035218

Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 4
Heating
- Natural Gas, Hot Water
Cooling
- None, Other
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Bulkhead,Concrete Floor,Stairs - Interior,Storage - Assigned,Storage - Locked,Sump Pump,Unfinished,Interior Entry
Interior area
- Total structure area: 3,560
- Total interior livable area: 2,624 sqft
- Finished area above ground: 2,624
Property
Parking
- Total spaces: 5
- Parking features: Paved, Driveway, Off Street, Parking Spaces 5
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Porch - Covered
Lot
- Size: 4,792 sqft
- Features: Sidewalks, In Town, Near Shopping, Near Public Transit, Near Railroad, Near School(s)
Details
- Parcel number: DOVRM31044BL
- Zoning description: CBD-G
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Stone
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Connected, Fiber Optic Internt Avail, High Speed Intrnt -Avail
Community & neighborhood
Location
- Region: Dover
Other
Other facts
- Road surface type: Paved
Services availability

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$926,500
2% more+ $18,530
With Zillow Showcase(estimated)
$945,030