98 Main Street Lancaster, NH

$550,000
Acres 0.06
Photo of 98 Main Street Lancaster NH 03584




Description

This is a CASH-FLOWING fully rent-ready building with solid income and significant upside. The property includes six 1-bed apartments plus three commercial units making it an ideal mixed-use setup for steady returns. 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. 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 - Public Water & Sewer - Year Built: 1948- Roof: Flat Rubber - Heat: Oil/Forced Hot Water


Listed by Badger Peabody & Smith Realty, Shem Nelson & Zach Hawkins 603-991-5994

Details

MLS 5080581
Price $550,000
Status Active
DOM 202 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

$
20%
1.6376363636364%
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.


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