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  • Listed by: 

    Nicole J Canavan,

    Rune Stone Realty 603-608-3124

    Bought with: Meadow View Realty, LLC
    $940,000

    4 Elm Street, Lancaster, NH 03584

    --beds
    --baths
    11,178sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $84/sqft
    $922 Estimated rent

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    What's special

    Cash flowing 18-Unit Multi-Family with Value Add and Upside Opportunities. 13% CAP Rate. NOI $124,036. Thirteen updated units, four units with long term tenants and one unit ready for your renovation ideas. Over $270K in CapEx expenditures in just the last year including a brand-new rubber roof, new oil tanks, structural reinforcements, apartment renovations and more! Building also has updated electrical, hardwired smoke detectors/fire system, and sprinklers. Parking on site. Located in downtown Lancaster at the corner of Route 3 and Route 135, this 18 unit multi-family is at the center of it all and near major employers such as Weeks Medical Center, PAK Solutions and Trividia Manufacturing. Showings begin 11/3/23. Seller is a licensed real estate agent.

    Zillow last checked: 8 hours ago

    Listing updated: January 25, 2024 at 10:27am

    Listed by:

    Nicole J Canavan,

    Rune Stone Realty 603-608-3124

    Bought with:

    Meadow View Realty, LLC

    Source: PrimeMLS,MLS#: 4976242MLS Logo

    Facts & features

    Interior

    Heating
    • Oil, Baseboard
    Cooling
    • None
    Appliances
    • Included: Water Heater off Boiler
    Features
    • Flooring: Hardwood, Vinyl Plank
    • Basement: No Tenant Access,Interior Stairs,Unfinished,Interior Access,Walk-Out Access
    Interior area
    • Total structure area: 14,904
    • Total interior livable area: 11,178 sqft
    • Finished area above ground: 11,178
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Dirt, On Site, Parking Spaces 11 - 20
    Features
    • Levels: 3
    Lot
    • Size: 0.28 Acres
    • Features: City Lot, Level, In Town
    Details
    • Zoning description: C-COMM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lancaster

    Other

    Other facts
    • Road surface type: Paved