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22 - 28 Main Street, Lancaster, NH 03584

5 Bed, 4 Bath Multi-Family Home For Sale

22 - 28 Main Street, Lancaster, NH 03584 House For Sale - MLS #4649519
$378,000
5
4
Multi-Family
5+ Family
10
This listing is courtesy of Denise Hood Boynton from Re/Max Northern Edge

Property Description for 22 - 28 Main Street, Lancaster, NH 03584

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 Just Interiors and JL Sullivans restaurant. 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. This listing lists the 8 rental units, however the 2 commercial space rental income is included in the Gross Rental Income.

Interior Details

11,749 sq. ft.
$32.17/sq. ft.
13
Public
Public

Exterior Details

0.64 acres
27,878 sq. ft.
3
Off Street; On Street; Parking Spaces 11 - 20
Wood Frame
Brick; Stone

Other Details

4649519
1900
$2,350

Units Description

Unit #1
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $500     
Interior Features : Range - Electric; Refrigerator; Smoke Detector

Unit #2
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Rent: $700     
Interior Features : Range - Electric; Refrigerator; Smoke Detector

Unit #3
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $575     
Interior Features : Range - Electric; Refrigerator; Smoke Detector

Unit #4
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $575     
Interior Features: Range - Electric; Refrigerator; Smoke Detector

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Town Description

Granted as Upper Coos in 1763 by Colonial Governor Benning Wentworth to Captain David Page of Petersham, Massachusetts, the town was settled in 1764 by his son, David Page, Jr. and Emmons Stockwell....

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