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98 Main Street, Lancaster, NH 03584

Coos County

Key Facts

6,194Sq Ft
1948Year Built
0.06Lot (acres)

Presented by: Shem A Nelson - Phone: 603-991-5994

Description

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

Property Information

Property Type

Commercial Sale

Year Built

1948

Living Area

6,194 sq ft

Lot Size

0.06 acres

Zoning

C-COMM

Days on Market

133

MLS® Listing#

5077422

Property Features

Heating

Hot WaterOil

Basement

FullPartially FinishedFinishedWalk-Out Access

Parking

Off SiteOn SiteOn Street

Lot Features

City Lot

Utilities

Cable Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$9,007

Tax year 2025

Affordability Calculator

$180,000

Estimated monthly payment

$4,790/mo

Principal $720,000 · Est. interest $1,004,464 over 30 yrs

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Similar Home Values

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AddressPriceBedsBathsSq Ft
98 Main Street, Lancaster, NH$905,00010810,327
98 Main Street, Lancaster, NH$905,00010810,327

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