98 Main Street, Lancaster, NH
Commercial Sale
Listed by Badger Peabody & Smith Realty · Shem A Nelson
Property Description
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
Essentials & finishes
- Property Type:Commercial Sale
- Year Built:1948
- County:NH-Coos
- Town:Lancaster, NH
- Status:Active
- Days on Market:111
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $9,350 |
| 2023 | $9,116 |
| 2022 | $8,883 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Lancaster47
- Average list price$279,717
- Price range$69,900 – $905,000
- Market sentimentBuyer's Market
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- Principal & Interest$2,781
- Property Tax$779
- Home Insurance$115
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.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 47 active · 0 sold in Lancaster (last 90 days)
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