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98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo
98 Main Street, Lancaster, NH 03584 Photo

29 Total Photos [Click to View All]

  • 10
    Beds
  • 8
    Baths
  • 10,327
    Square Feet
  • White Mountains Regional
    School
  • 5077787
    MLS#
$905,000
Status: Active
98 Main Street Lancaster, NH 03584

Property Description

This CASH-FLOWING portfolio offers two fully rent-ready buildings with solid income and significant upside. The larger property includes six 1-bedapartments with only one vacancy, plus three commercial units (two with leases and one vacant) making it an ideal mixed-use setup for steady returns. The second building includes four residential units (three 1-bedroom units and one 3-bedroom unit) and has recently completed professional lead remediation, making three of the units ready for immediate leasing. With most rents currently below market, new ownership has a clear opportunity to increase income quickly. Even with a few open units, the portfolio produces cash flow from day one, with strong potential for value growth as vacancies are filled at market rates. NOTE: This portfolio includes a 4 unit Multifamily located at 23-25 Bunker Hill, Lancaster, NH in addition to the mixed use building. The offering memorandum shows conservative assumptions for potential performance and also has a link to an external deal room with additional photos, video tours and all of the financials needed to underwrite this portfolio. DETAILS: Gross Living area: 5,829sqft/3600sqft - Public Water & Sewer - Year Built: 1948/1834 - Roof: Flat Rubber/Metal - Heat: Oil/Forced Hot Water

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Property Features

MLS Number: 5077787
Days on Market: 4
Subdivision:
County: Coos
Bedrooms: 10
Total Square Feet: 10,327
Style: Multi-Family
New Constuction: No
Construction: Aluminum Siding,Brick Exterior
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Full, Partially Finished, Interior Stairs, Interior Access, Exterior Access
Basement: Yes
Cooling: None
Heating: Oil, Hot Water, Radiator
Lot Size: 0.25 Acres
Roof Type: Flat, Other, Tar and Gravel
Stories: 3.0
Taxes: $9,007
Year Built: 1948

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 372
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 555
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 387
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 312
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 516
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $850.00
Square Footage: 543
Unit 7:
Bathroom(s): 1
Bedrooms: 3
Square Footage: 1200
Unit 8:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 482

Feature Descriptions

Construction: Aluminum Siding, Brick Exterior
Construction Status: Existing
Days on Site: 4
Driveway: Dirt, Gravel
Driveway: Dirt, Gravel
Electric: Circuit Breaker(s), Fuses
Exterior: Aluminum Siding, Brick Exterior
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Home Style: Multi-Family
Lot: City Lot, Curbing, Major Road Frontage, In Town, Near Shopping
Parking: Off Premises, Off-Site, On-Site, On Street
Roads: Public
Sewer: Public
Sq. Ft. Above Grade Finished: 9429
Sq. Ft. Above Grade Unfinished: 9429
Sq. Ft. Below Grade Finished: 898
Sq. Ft. Below Grade Unfinished: 898
Sq. Ft. Total Finished: 10327
Total Stories: 3
Units: 13
Water: Public
Zoning: C-COMM

Location

Listed By / Shown By

agent picture

Listed By

Broker Name: Badger Peabody Smith Realty/Littleton
Broker Phone: 603-444-1294
Agent Name: Zachary Hawkins
Agent Phone: (603) 991-4894


agent picture

Co-Listed By

Broker Name: Badger Peabody Smith Realty/Littleton
Agent Name: Shemariah Nelson
Broker Phone: 603-444-1294
Agent Phone: (603) 991-5994

Estimate Your Payment

Estimated Payment

$ 5,448.82 per month $4,434.28 Principal & Interest $750.58 Property Tax $263.96 Homeowner's Insurance

Source: Delta Media Group, Inc.

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