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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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98 Main St , Lancaster, NH 03584
$905,000
Est. Payment: $2,011.11/mo
10 Bed
3 Bath
10327 Sqft
Status: Active | Days on site: 129
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1880 - 619590,627762
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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
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Highlights

Listed by Zach Hawkins , 603-991-4894 and Shem Nelson , 603-991-5994 Badger Peabody & Smith Realty/Littleton , 603-444-1294.

Property Type

Multi-Family
Lot/Acreage
0.25

Year Built

1948

County

Coos

 School District

White Mountains Regional

Listing ID

5077787

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:10
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
  • ▪ 1/4 Bathrooms:3
Above Ground Sq Ft:9429
Basement:Yes,Full,Partially Finished,Interior Stairs,Interior Access,Exterior Access

Exterior Features

Lot:Existing
Zoning:C-COMM
Roof:Flat,Other,Tar and Gravel
Sewer:Public
Parking Features:Off Premises,Off-Site,On-Site,On Street
Principal Interest
$2,011
Taxes
$751

Home Price

$905,000

Loan Details

30 yrs
%

Down Payment

20%
$181,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,011.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,011.11 $750.58 $0.00 $2,761.69
Yearly $24,133.33 $9,007.00 $0.00 $33,140.33
Total $724,000.00 $270,210.00 $0.00 $994,210.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

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Market insight data is pulled from the same city as the listing being viewed (Lancaster, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.