Movoto Real Estate
Zach Hawkins of Badger Peabody & Smith Realty/Littleton Phone: 603-991-4894
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98 Main St, Lancaster, NH 03584

$905,000
•
  • —

    bed

  • 10

    bath

  • 10,327

    Sqft ($88/Sqft)

Multi-family for sale 233 days

About 98 Main St

Property type Multi-family
Year built 1948
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
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
Listed by
Listing Agent - Zach Hawkins
Listing Agent Contact: Phone: 603-991-4894
Listing Office - Badger Peabody & Smith Realty/Littleton
Source: PrimeMLS mls logo
MLS#5077787 • last updated 3 months ago
Movoto checked PrimeMLS for data 7 minutes ago
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Overview
Cooling/AC None
Levels/Style 3
Status Active
MLS # 5077787
Type Multi-Family
Lot Size (SqFt) 10890
Lot Size (Acres) 0.25
Foreclosure Y/N No
Year Built 1948
Construction Status Existing
Interior
# Quarter Bath 3
Basement Yes, Walkout
Room 5 Type Month To Month
Exterior
Amenities / Utilities
Sewer/ Septic Public
Utilities Cable
Location
County NH-Coos
Elementary School Lancaster Elementary School
School District White Mountains Regional
Zoning C-COMM
Multifamily Details
Unit 8: Apx Sqft 482
Unit 4: Apx Sqft 312
Unit 6: Rent Paid Monthly
Unit 2: Tenant Pays Electric
Unit 3: Tenant Pays Electric
Unit 8: # Bedrooms 1
Unit 5: Tenant Pays Electric
Unit 1: Tenant Pays Electric
Unit 7: Tenant Pays Electric
Unit 5: Rental Amount 775
Unit 4: # Bedrooms 1
Unit 4: # Bathrooms 1
Unit 5: # Bathrooms 1
Unit 1: # Bathrooms 1
Unit 1: # Bedrooms 1
Total # of Units 13
Unit 5: # Bedrooms 1
Unit 3: # Bathrooms 1
Unit 8: # Bathrooms 1
Unit 4: Occupancy Month To Month
Unit 3: Rent Paid Monthly
Unit 4: Rental Amount 775
Unit 6: Rental Amount 850
Unit 6: # Bedrooms 1
Unit 6: # Bathrooms 1
Unit 4: Tenant Pays Electric
Unit 3: # Bedrooms 1
Unit 6: Occupancy Month To Month
Unit 5 Lease Term Month To Month
Unit 2: Rental Amount 775
Unit 3: Rental Amount 775
Unit 5: Apx Sqft 516
Unit 2: # Bedrooms 1
Unit 1: Apx Sqft 372
Unit 1: Rent Paid Monthly
Unit 8: Tenant Pays Electric
Unit 1: Occupancy Vacant
Unit 2: # Bathrooms 1
Unit 3: Apx Sqft 387
Unit 7: Apx Sqft 1200
Unit 2: Apx Sqft 555
Unit 1: Lease Term Month To Month
Total # of 1-BR Units 9
Expense - Utility 10
Lot/ Land Details
Total # of Lots 1
Current Use No
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  • Real Estate
  • NH
  • Coos County
  • Lancaster
  • 03584
  • 98 Main St

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