Listed by Downtown Realty · Matthew Lefebvre · 603-554-2309
Residential Income · Lancaster, NH
4 Williams Street, Lancaster, NH
$2,600,000
Est. $13,147/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 21,044
- Built
- 1974
- MLS®
- #5099780
Property Description
Here's your chance at a Lancaster multi-family income property: 4 Williams Street, priced at $2,600,000. Expect 21,044 square feet of living space. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. Also on the sheet: a 1.1-acre lot, 1974 construction and roughly $124 per square foot. Scroll on for current photos, the complete spec sheet and this Lancaster listing's market context.
We are pleased to present Elmwood Apartments, a well-located 30-unit multifamily investment opportunity in Lancaster, NH, offering strong in-place cash flow with clear paths to additional upside. Priced at $2,600,000, the property is running a 9.17% cap rate on current in-place NOI, with proforma upside to roughly 11.13% as units turn to market rent. Built in 1974, the property consists of four wood-frame buildings on concrete slab foundations situated on ±1.1 acres, offering a diverse unit mix of nineteen 1BD/1BA, five 2BD/1BA, four 3BD/1.5BA, and two 4BD/1.5BA townhouse-style units totaling approximately 21,000 SF. Ownership has invested in electrical upgrades across all four buildings, including new underground feeder lines and upgraded main panels. Additional upside exists in the on-site laundry facilities. The machines are currently leased rather than owned, meaning ownership carries no maintenance or service responsibility, but also isn't capturing any income from this ancillary revenue stream, a clear opportunity for a new owner to add NOI. Lancaster serves as the Coos County seat and is considered the gateway to the Great North Woods region, anchoring the North Country's civic and commercial activity. The broader White Mountains region draws hundreds of thousands of visitors annually and sits at the heart of New Hampshire's hospitality and tourism industry, supporting steady demand for local workforce housing. The town's historic downtown, seasonal tourism draw, and year-round outdoor recreation contribute to a stable base of renters tied to local employers, healthcare, and the surrounding service economy. With durable in-place income, embedded rent growth potential, and an untapped ancillary revenue opportunity, Elmwood Apartments offers a compelling entry point into Northern New England multifamily.
Location Highlights
4 Williams Street is a residential income in Lancaster, New Hampshire, listed at $2,600,000. That works out to about $124 per square foot, for a home built in 1974. It has been on the market for 4 months.
From here it is 30.7 miles to Loon Mountain Resort and 36.4 miles to Waterville Valley Resort. At this latitude, Lancaster averages roughly 8.4 hours of sun a day in June and 3.5 in December.
Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.
Property Details
Essentials & finishes
- SqFt
- 21,044
- Price / SqFt
- $123.55
- Property Type
- Residential Income
- Year Built
- 1974
- County
- NH-Coos
- Town
- Lancaster, NH
- Status
- Active
- Days on Market
- 98
Primary Features
- County
- NH-Coos
- Property Type
- Residential Income
- Year Built
- 1974
- Zoning
- C-Commercial
Interior Features
- Basement
- No
- Cooling
- None
- Electric
- Circuit Breakers
- Heating
- Electric
- SqFt-Approximate Finished Above Grade
- 21,044
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 21,044
- SqFt Approximate Total
- 21,044
Financial Details
- Tax - Gross Amount
- $24,584
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Wood Frame
- Covenants
- Unknown
- Easements
- Unknown
- Flood Zone
- Unknown
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- Two
- Surveyed
- Unknown
External Features
- Color
- burgundy
- Driveway
- Paved
- Foundation
- Concrete Slab
- Garage
- No
- Lot Features
- Corner Lot, Sidewalks
- Lot - Acres
- 1.1
- Lot - SqFt
- 47,916
- Parking
- On Site
- Road Frontage Type
- Paved, Public
- Road Frontage
- Yes
- Road Frontage Length
- 248
- Roof
- Asphalt Shingle
- Sewer
- Public
- Utilities
- Other
- Water Source
- Public
MLS®: PrimeMLS #5099780; Listed by Downtown Realty · Matthew Lefebvre · 603-554-2309
Property History
Estimated annual taxes for this property
- 2024
- $44,200
- 2023
- $43,095
- 2022
- $41,990
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
Market Data
Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town
- Active listings in Lancaster
- 54
- Average list price
- $227,500
- Price range
- $18,000 – $905,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$17,372/ mo
- Principal & Interest
- $13,147
- Property Tax
- $3,683
- Home Insurance
- $542
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Around This Property
Schools, everyday places and nearby destinations near 4 Williams Street, Lancaster, NH
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How much does 4 Williams Street cost?
4 Williams Street in Lancaster, NH is listed for $2,600,000 on PrimeMLS.
That is about $124 per square foot of finished living space.
It came on the market on July 14, 2026.
How big is 4 Williams Street?
4 Williams Street in Lancaster, NH has 21,044 square feet of finished living space.
Is 4 Williams Street still for sale?
Yes. 4 Williams Street in Lancaster, NH is listed as Active on PrimeMLS (MLS #5099780).
Status can change quickly; contact us to confirm availability before you visit.
Which brokerage has 4 Williams Street listed?
4 Williams Street in Lancaster, NH is listed by Matthew Lefebvre of Downtown Realty (603-554-2309).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What type of home is 4 Williams Street?
4 Williams Street in Lancaster, NH is a multi-family income property built in 1974.
The MLS lists its style as Multi-Family, with two stories.
What town is 4 Williams Street in?
4 Williams Street is in Lancaster, New Hampshire 03584, in Coos County.
Location notes from the MLS: sidewalks.
What is the lot size of 4 Williams Street?
4 Williams Street in Lancaster, NH sits on 1.1 acres, per the MLS.
The lot is described as corner lot.
It has 248 feet of road frontage (paved and public).
Zoning: C-Commercial.
What are the annual property taxes for 4 Williams Street?
Annual property taxes on 4 Williams Street in Lancaster, NH are $24,584 for the 2025 tax year, per the MLS.
New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Lancaster assessing office.
What heating and cooling does 4 Williams Street have?
4 Williams Street in Lancaster, NH is heated by electric, per the MLS.
The MLS lists no cooling system.
What are the water and sewer systems at 4 Williams Street?
4 Williams Street in Lancaster, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: circuit breakers.
Does 4 Williams Street have a basement?
No. The MLS lists no basement at 4 Williams Street in Lancaster, NH.
What parking does 4 Williams Street have?
The MLS lists no garage at 4 Williams Street in Lancaster, NH; parking is off a paved driveway.
Parking details: on site.
How does the price of 4 Williams Street compare with other Lancaster listings?
At $2,600,000, 4 Williams Street in Lancaster, NH is priced above the $630,000 median asking price of the 6 multi-family properties for sale in Lancaster on PrimeMLS as of November 3, 2026 (this listing included).
That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.
How can I see 4 Williams Street in person?
To see 4 Williams Street in Lancaster, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.
We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.
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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.
This listing data is intended for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/03/26.