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Listed by Zach Hawkins • Badger Peabody & Smith Realty/Littleton • Phone: 603-991-4894
$ 905,000
Est. payment /mo
Active
98 Main ST Lancaster, NH 03584
10 Beds
8 Baths
10,327 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,327 sqft
Price per Sqft $87
MLS Listing ID 5077787
Bedrooms 10
Full Baths 8
Construction Status Existing
Year Built 1948
Annual Tax Amount $9,007
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
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
Location
State NH
County Nh-coos
Area Nh-Coos
Zoning C-COMM
Rooms
Basement Entrance Walkout
Basement Exterior Access, Full, Interior Access, Interior Stairs, Partially Finished
Interior
Cooling None
Inclusions Land/Building
Exterior
Utilities Available Cable
Roof Type Flat,Other,Tar and Gravel
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Lancaster Elementary School
School District White Mountains Regional
Nearby Locations
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