22 Main StLancaster, NH 03584MLS Number 4649519

  • Price: $349,000
  • Est. Mortgage of $/month
  • 672 Days on Market
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$/month over payments
Federal 30-year interest rate: 4.06% last updated on May 23, 2019
* 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.

    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 JL Sullivans restaurant. An additional 1,200 sq ft space is ready for occupancy. 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. ATV access on Main Street and near Corrider 5 snowmobile trail.

    Listed by Denise Hood Boynton of RE/MAX Northern Edge

    Driving Directions

    Lisa Hampton Real Estate LLC
    Lisa Hampton Real Estate LLC
    Office: 603.788.5106
    20 Middle Street
    Lancaster, NH 03584

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    More Info

    Basic Information

    • StatusPEN
    • Property TypeMulti-Family
    • List Price$349,000
    • Date Price Change05/07/2018
    • MLS Number4649519

    Property

    • Acreage0.64
    • Parking Spaces
    • Lot34
    • Square Feet11,749
    • APX Fin AG Sqft11,749
    • Road Frontage148
    • RoadsPaved, Public
    • Lot Description
      • Commercial Zoning
      • Corner
      • In Town
      • Level
      • Major Road Frontage Business District
      • Near Paths
      • Near Shopping

    Amenities

    • Exterior AmenitiesDeck

    Water Body

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

    Location

    • TownLancaster
    • StateNH
    • Zip03584
    • CountyCoos
    • ZoningCOMMERCIAL
    • Elementary SchoolLancaster Elementary School
    • Junior HighLancaster Elementary
    • High SchoolWhite Mountain Regional HS
    • Flood Zone Y/NUnknown

    Interior

    • FloorsCarpet, Hardwood, Vinyl

    Exterior

    • ExteriorClapboard
    • RoofMetal
    • Exterior ColorTan

    Utilities

    • Heat FuelGas - LP/Bottle, Oil
    • Heat SystemForced Air, Monitor Type
    • WaterPublic
    • Water HeaterElectric, Owned, Separate
    • Electric100 Amp, Circuit Breaker(s)
    • SewerPublic

    Other

    • Taxes$8,777
    • Seasonal Y/NNo
    • Operating Expenses
      • Advertising
      • Exterior Maintenance
      • Insurance
      • Maintenance/Repairs
      • Other
      • Water/Sewer
    • TrashMunicipal
    • Insurance Exp$5,769
    • Misc Exp$10,076
    • Unit 1 Deposit$500
    • Unit 2 Rent Amount$700
    • Unit 3 Rent Amount$600
    • Unit 4 Rent amount$575
    • Unit 5 Rent amount$550
    • Unit 7 Rent amount$500
    • Unit 8 Rent amount$550
    • Utilities Exp$7,342
    • View Count202

    Building

    • Year Built1900
    • Building ConstructionWood Frame
    • StyleApartment Building, Freestanding
    • Units10
    • Unit 1 Bath1
    • Unit 1 Bedrooms1
    • Unit 1 Floor Location2
    • Unit 1 Total Rooms3
    • Unit 2 Bath1
    • Unit 2 Bedrooms2
    • Unit 2 Floor Location2
    • Unit 2 Total Rooms4
    • Unit 3 Bath1
    • Unit 3 Bedrooms1
    • Unit 3 Floor Location2 BACK
    • Unit 3 Total Rooms3
    • Unit 4 Bath1
    • Unit 4 Floor Location2 BACK
    • Unit 4 Total Rooms3
    • Unit 5 Baths1
    • Unit 5 Bedrooms1
    • Unit 6 Baths1
    • Unit 6 Bedrooms2
    • Unit 7 Baths1
    • # of 1 Bedrooms5
    • Unit 7 Bedrooms1
    • # of 2 Bedrooms3
    • Unit 8 Baths1
    • Unit 8 Bedrooms1
    • BasementFull
    • FoundationBrick, Stone
    Broker Reciprocity

    Copyright 2019 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. The information being provided is 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 May 25, 2019.

     

     

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