98 Main ST, Lancaster, NH 03584
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98 Main ST, Lancaster, NH 03584
98 Main ST, Lancaster, NH 03584
98 Main ST, Lancaster, NH 03584
98 Main ST, Lancaster, NH 03584
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Listed By Zach Hawkins Badger Peabody & Smith Realty/Littleton Phone: 603-991-4894
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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

MLS Listing ID 5077787

Style Multi-Family

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 Exterior Access, Full, Interior Access, Interior Stairs, Partially Finished

Interior

Heating Oil, Hot Water, Radiator

Cooling None

Inclusions Land/Building

Exterior

Parking Features No

Utilities Available Cable

Roof Type Flat,Other,Tar and Gravel

Building

Lot Description City Lot, Curbing, Major Road Frontage, In Town, Near Shopping

Story 3

Sewer Public

Water Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Lancaster Elementary School

School District White Mountains Regional


PrimeMLS VOW
Ashley Gile

Ashley Gile

Agent

+1(603) 851-7452

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