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$550,000

98 Main Street
Lancaster, NH 03584
Listed by Shem A Nelson · Badger Peabody & Smith Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1948

About this home

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

Property details

MLS #
5080581
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
141
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.06 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lancaster Elementary School
0.9 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
383
Student:teacher ratio
10.9:1
District
White Mountain Regional School District
Middle
Groveton High School (Middle)
8.05 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
65
Student:teacher ratio
8.1:1
District
Northumberland School District
High
White Mountains Regional High School
5.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
350
Student:teacher ratio
10.0:1
District
White Mountain Regional School District

Mortgage calculator

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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