98 Main ST, Lancaster, NH 03584
98 Main ST, Lancaster, NH 03584
98 Main ST, Lancaster, NH 03584
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Listed by Shem A Nelson • Badger Peabody & Smith Realty • Phone: 603-991-5994
$905,000
Est. payment /mo
2,613 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5077422

Year Built 1948

Annual Tax Amount $9,007

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property 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

Location

State NH

County Nh-coos

Area Nh-Coos

Zoning C-COMM

Rooms

Basement Entrance Walkout

Basement Full, Partially Finished, Interior Stairs, Interior Access, Exterior Access

Interior

Inclusions Land/Building

Exterior

Utilities Available Cable Available, Telephone Available

Building

Sewer Public


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