98 Main Street, Lancaster, NH 03584
NH-Coos County
Key Facts
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
Sub-Type
Multi Family
Year Built
1948
Living Area
6,194 sq ft
Lot Size
0.06 acres
Zoning
C-COMM
Days on Market
28
MLS® Listing#
5077422
Property Features
Interior
Heating
Basement
Parking
Lot Features
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$9,007
Tax year 2025
Affordability Calculator
$181,000
Estimated monthly payment
$4,817/mo
Principal $724,000 · Est. interest $1,010,044 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lancaster, NH
- $333,333
- Median Listing Price
- 77
- Median Days on Market
- 2,923
- Median Sq Ft
- $116
- Median Price / Sq Ft
- 30
- Active Listings
- This home’s price is 172% above the area median.
- Its price per sq ft is 26% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lancaster, NH.
Location
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Points of Interest in Lancaster, NH
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 98 Main Street, Lancaster, NH | $905,000 | 10 | 8 | 10,327 |
| 98 Main Street, Lancaster, NH | $905,000 | 10 | 8 | 10,327 |
