August 6, 2021 – Will Peck of Horvath & Tremblay has arranged the sale of a five-unit multi-family property in Dover, New Hampshire. Peck exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $890,000.
The multi-family property is located at 39-41 Park Street in Dover, New Hampshire. The Property includes a two-story, multi-family home, containing 5 rental units on a 0.08-acre parcel. The unit matrix includes one (1), 2-Bedroom/1-Bathroom unit, three (3), 1-Bedroom/1-Bathroom units, and one (1), 1-Bedroom/1-Bathroom unit with a den in 3,552 square feet of living area and 5,912 gross square feet. The Property offers ample on-site parking that includes one on-site parking space per unit, and all new appliances. 39-41 Park Street is located on a residential street just a few blocks from historic downtown Dover. The Property benefits from convenient access to public transportation with a bus stop 500 feet away on Central Avenue. The Property is also just ½-mile from the Dover Transportation Center with service along the Downeaster and is just 2-miles from Exits 8 and 9 off Route 16. The Property enjoys convenient access to area shopping, restaurants, schools and numerous parks and recreation areas. Additionally, the Property is 500 feet from a bus stop along Central Avenue offering service throughout the town and to larger retailers like Shaw’s, Hannaford, Walmart, and Target.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.