22 - 28 Main StreetLancaster, NH 03584MLS Number 4649519

  • Price: $378,000
  • Est. Mortgage of $/month
  • 146 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.94% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.64Acreage
  • 1900Year Built
  • 11749Square Feet
  • 5# of 1 Bedrooms

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ATTENTION INVESTORS: 10 unit building located in the heart of Lancaster where Route 2 AND Route 3 converge. 8 apartments are fully occupied with a strong rental history. The owner has improved the units as they become vacant. Very low vacancy rate. The 2 commercial spaces on the first floor houses Just Interiors and JL Sullivans restaurant. The restaurant includes a 15' x 42' deck for dining. Each of the 10 tenants pay their own utilities: heat, hot water and electricity (100 AMP panels). The landlord pays the town water/sewer. Each apartment includes a stove and refrigerator and each unit has 2 year old hot water heaters. The restaurant includes most of the appliances. Complete with sprinkler system in the basement and first floor. The .64 acre lot has +/- 80 feet of frontage on the Israels River. There is ample parking in the rear of the building for the tenants and patrons. The property is walking distance to shopping, schools, parks, library, post office and Col. Town Recreation area. This listing lists the 8 rental units, however the 2 commercial space rental income is included in the Gross Rental Income.

Listed by Denise Hood Boynton of RE/MAX Northern Edge

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More Info

Location Information

  • Elementary SchoolLancaster Elementary School
  • High SchoolWhite Mountain Regional HS
  • Junior HighLancaster Elementary

Property

  • Lot34
  • ZoningCOMMERCIAL
  • Road Frontage148
  • Acreage0.64
  • APX Fin AG Sqft11749
  • FoundationBrick, Stone
  • Heat FuelGas - LP/Bottle, Oil
  • Property TypeMulti-Family
  • RoadsPaved, Public
  • Square Feet11749

Exterior

  • ExteriorClapboard
  • RoofMetal

Amenities

  • Exterior AmenitiesDeck
  • Parking Spaces

Basic Information

  • # of 1 Bedrooms5
  • # of 2 Bedrooms3
  • StatusACT
  • Units10

Location

  • StreetMain Street
  • Building Number22 - 28
  • TownLancaster
  • Zip03584
  • CountyCoos
  • MapP09
  • Flood Zone Y/NUnknown
  • Lot Description
    • Business District
    • Commercial Zoning
    • In Town
    • Level
    • Major Road Frontage
    • Near Paths
    • Near Shopping Corner
  • StateNH

Utilities

  • Electric100 Amp, Circuit Breaker(s)
  • WaterPublic
  • Heat SystemForced Air, Monitor Type
  • SewerPublic

Water Body

  • Water Body TypeRiver
  • Waterfront80
  • Water Body NameIsraels River
  • Water AccessOwned

Other

  • Broker NameRE/MAX Northern Edge
  • Agent NameHood Boynton
  • Operating Expenses
    • Advertising
    • Exterior Maintenance
    • Insurance
    • Maintenance/Repairs
    • Other
    • Water/Sewer
  • TrashMunicipal
  • bloggingNo
  • Page90
  • Book1301
  • Delayed ShowingsNo
  • Number of Photos13

Basic Information

  • Date Listed07/23/2017
  • List Price$378,000
  • MLS Number4649519
  • Seasonal Y/NNo

Building

  • Year Built1900
  • Water HeaterElectric, Owned, Separate
  • BasementFull
  • FloorsCarpet, Hardwood, Vinyl
  • StyleApartment Building, Freestanding
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Total Rooms3
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • Unit 7 Baths1
  • Unit 7 Bedrooms1
  • Unit 8 Baths1
  • Unit 8 Bedrooms2
O'Rourke Realty
Office: 855-948-6867
126 Main Street
North Woodstock, NH 03262

Lancaster, NH Demographics

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Lancaster, NH Schools

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Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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