98 Main Street Lancaster, NH
$900,000
Acres 0.06
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
Listed by Badger Peabody & Smith Realty, Shem Nelson & Zach Hawkins 603-991-5994
Details
MLS 5077422
Price $900,000
Status Active
DOM 231 days
Type Commercial
Lot Size 0.06 acres
Year Built 1948
Taxes Paid $9,007
Lot & Building Features
Utilities Telephone Available, Cable Available
Heating Hot Water, Oil
Parking Description Off Premises, Off-Site, On Street, On-Site
Sewer Public
Tax Year 2025
Taxes Paid $9,007
Water Public
Basement Description Partially Finished, Exterior Access, Interior Access, Interior Stairs, Full
Lot Description Curbing, Major Road Frontage, City Lot, In Town, Near Shopping
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

