BEDS10
BATHS8 full
SQUARE FEET10,327
MLS#5077787
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLWhite Mountains Regional
Listing Courtesy of:
Badger Peabody Smith Realty/Littleton
Associate Name: Zach Hawkins
Agency Contact: Phone: 603-991-4894
Property Description
This CASH-FLOWING portfolio offers two fully rent-ready buildings with solid income and significant upside. The larger property includes six 1-bedapartments 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 Features
Property Type: Multi Unit - Multiple
Basement: Full, Partially Finished, Interior Stairs, Interior Access, Exterior Access
Basement: Yes
Cooling: None
Heating: Oil, Hot Water, Radiator
Home Style: Multi-Family
Lot Size: 0.25 Acres
Roof Type: Flat, Other, Tar and Gravel
Stories: 3.0
Taxes: $9,007
Year Built: 1948
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 372
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 555
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 387
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 312
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $775.00
Square Footage: 516
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $850.00
Square Footage: 543
Unit 7:
Bathroom(s): 1
Bedrooms: 3
Square Footage: 1200
Unit 8:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 482
Feature Descriptions
Construction: Aluminum Siding, Brick Exterior
Construction Status: Existing
Days on Site: 7
Driveway: Dirt, Gravel
Driveway: Dirt, Gravel
Electric: Circuit Breaker(s), Fuses
Exterior: Aluminum Siding, Brick Exterior
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Lot: City Lot, Curbing, Major Road Frontage, In Town, Near Shopping
Parking: Off Premises, Off-Site, On-Site, On Street
Roads: Public
Sewer: Public
Sq. Ft. Above Grade Finished: 9429
Sq. Ft. Above Grade Unfinished: 9429
Sq. Ft. Below Grade Finished: 898
Sq. Ft. Below Grade Unfinished: 898
Sq. Ft. Total Finished: 10327
Total Stories: 3
Units: 13
Water: Public
Zoning: C-COMM
Local Schools
Elementary School: Lancaster Elementary School
School District: White Mountains Regional
Listed By / Shown By
Listed By
Agency Name: Badger Peabody Smith Realty/Littleton
Agency Contact: Phone: 603-991-4894
Agent Name: Zach Hawkins
Shown By
Agency Title: A House to Home Realty
Agency Phone: (603) 752-7202
Estimate Your Payment
Estimated Payment
$ 3,028.68 per month $2,014.14 Principal & Interest $750.58 Property Tax $263.96 Homeowner's Insurance
98 Main Street | MLS# 5077787
This multi-family property located at 98 Main Street, Lancaster, NH 03584 is currently listed for sale with an asking price of $905,000. Main Street is located within the White Mountains Regional school district. Search Lancaster real estate on www.ahousetohomerealty.com today.