4 Elm StreetLancaster, NH 03584MLS Number 4976242

  • Sale Price: $940,000
  • 231 Days Since Sale
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4 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 035844 Elm Street Lancaster NH 03584
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    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.
    Listed by Nicole Canavan of Rune Stone Realty

    Listing Sold by Rune Stone Realty

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    Lisa Hampton Real Estate LLC

    Your Local Office

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

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    Tax Information

    • Tax Year2022

    Building

    • Year Built1910
    • Building ConstructionWood Frame
    • StyleApartment Building
    • Units18
    • # of 1 Bedrooms18
    • BasementNo Tenant Access, Stairs - Interior, Unfinished, Interior Access
    • FoundationStone

    Utilities

    • Heat FuelOil
    • Heat SystemBaseboard
    • WaterPublic
    • Water HeaterOff Boiler
    • ElectricCircuit Breaker(s)
    • SewerPublic
    • UtilitiesInternet - Cable

    Basic Information

    • StatusSLD
    • List Price$950,000
    • Date Price Change10/31/2023
    • MLS Number4976242
    • MLS StatusClosed
    • Sale Date01/25/2024

    Interior

    • FloorsHardwood, Vinyl Plank

    Exterior

    • ExteriorVinyl Siding
    • RoofMembrane
    • Exterior ColorWhite

    Amenities

    • PricePerSqFt84.09

    Other

    • Taxes$8,210
    • Seasonal Y/NNo
    • TrashCurbside, Municipal
    • Date Listed10/31/2023
    • Date Showings Begin2023-11-03
    • View Count51

    Location

    • TownLancaster
    • StateNH
    • Zip03584
    • CountyCoos
    • ZoningC-COMM
    • Flood Zone Y/NUnknown

    Property

    • Acreage0.28
    • Parking Spaces
    • Lot DescriptionCity Lot, Level
    • Lot1
    • Square Feet11,178
    • APX Fin AG Sqft11,178
    • RoadsPaved, Public
    • AreaBusiness District, Commercial Zoning, In Town
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    Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 September 12, 2024 11:40 AM EDT

     

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