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
$905,000
Est. payment /mo
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10 Beds
8 Baths
10,327 SqFt
Active

98 Main ST Lancaster, NH 03584

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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


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Melinda Torrens

Melinda Torrens

Broker | License ID: Maine: DB911085

+1(207) 776-1620

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98 Main ST