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(978) 255-2738

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1 Merrimac St 
Newburyport MA 01950

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  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
  • 48 New York Street
Listed by Davis McVay with Keller Williams Realty Evolution Phone: 978-729-1102

$549,000

48 New York Street, Dover, NH 03820

  • Bedrooms

    4

  • Bathrooms

    2

  • Sq.Ft.

    1,820

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Property Description

Whether you're looking to add another property to your portfolio or purchase your first investment, 48 New York Street is an opportunity you won't want to overlook. This fully occupied two-family home offers immediate cash flow with both units currently rented, generating $4,250 per month in rental income. Even better, tenants pay all utilities except water and sewer, helping keep operating expenses low. The home features upper and lower units, each offering 2 bedrooms, 1 full bathroom, and a bonus room that provides added flexibility for a home office, guest space, or additional living area. With practical layouts and established tenants already in place, this is a true turnkey investment. Outside, you'll find a low-maintenance lot and off-street parking for two vehicles, making ownership simple while providing everyday convenience for tenants. Located just minutes from downtown Dover, the property is close to restaurants, shopping, parks, the waterfront, and major commuter routes, making it a location that continues to attract strong rental demand. Whether you're expanding an established portfolio, completing a 1031 exchange, or taking your first step into multifamily investing, 48 New York Street checks all the boxes. Strong rental income, low-maintenance ownership, and a prime Dover location make this a smart investment with immediate returns and long-term potential.

Overview

Property Status
Active Under Contract
Lot Size
2,614 Sq.Ft.
MLS ID
5101414
Property Type
Multi-Family
Year Built
1900

Features & Amenities

Total Area
2,730 Sq.Ft.
Roof
Shingle
Lot Features
City Lot, Level
Heat Type
Natural Gas, Hot Air, Hot Water
Air Conditioning
None
Sewer
Public
Sales Price
$549,000
Real Estate Tax
$7,413/yr

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48 New York Street

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    License #MA: 9586649 | NH: 082053

    (978) 588-2890
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    (978) 255-2738

    Office 1 Merrimac St Newburyport MA 01950

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    Willis & Smith

    (978) 255-2738

    Office 1 Merrimac St Newburyport MA 01950