Listed by Christy Hoffman of Coldwell Banker Hobin Realty LLC
Rare in Dover: 7.6% CAP at current rental rates. Potential for even more with increases in rents. Fully occupied with strong positive cash flow. 6 unit multifamily with consistent 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. Basement has been equipped with 3 locked storage units, currently 1 is leased so potential for even more income with the 2 available. This property presents an excellent opportunity to build your empire in Dover!

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Property Details of 16-18 Cushing Street

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Copyright 2026 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 November 11, 2026 8:38 AM EST

 

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