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Located at 98 Main Street, Lancaster, New Hampshire 03584, this Commercial is for Sale with a price of $905,000 USD. The property was built in 1948,. This listing encompasses a lot of .06 Acres. See all Homes for Sale in Lancaster.

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1. 98 Main Street
1. 98 Main Street
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New HampshireLancaster98 Main Street

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Description

98 Main Street,

Lancaster, NH 03584

Listing Courtesy of Shem Nelson, Badger Peabody & Smith Realty


This CASH-FLOWING portfolio offers two fully rent-ready buildings with solid income and significant upside. The larger property includes six 1-bed apartments 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

Data provided by : PRIME MLS

Email/Phone : 603-991-5994

Amenities

  • Basement
$905,000
price
Commercial
Property type
Available
market status
White Mountain Regional
School District
5077422
MLS ID
1948
Year Built
37
Days Posted
0.06 Acres
Exterior

98 main street
Lancaster, NH 03584

$905,000