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Listed by: Nicole J Canavan | Rune Stone Realty (603) 608-3124
$1,400,000
-- Bed
-- Bath
11,178sqft
4 Elm St, Lancaster, NH 03584
$1,400,000
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Multi Family
Built in 1910
$-- HOA
12,197 sqft lot
$125/sq.ft
Description
Positioned in the heart of downtown Lancaster at the highly visible corner of Route 3 and Route 135, this 18-unit multifamily property offers investors an opportunity to acquire a stable, income-producing asset with a 7.06% cap rate.
The property boasts a strong rental history with many long-term tenants, providing consistent cash flow and operational stability. Over the past several years, there have been significant capital improvements, enhancing both the functionality and long-term value of the asset.
Recent upgrades include:
*New rubber membrane roof
*New oil tanks
*Structural reinforcements
*Interior apartment refreshes
In addition, the fire and sprinkler system ...
- Houzeo last checked: 34 Minutes ago
- Listing updated: April 16, 2026 at 7:01 am
- Source: NEREN/Prime MLS-NH | MLS#: 5081330
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
11,178 sqft
Lot Size
12,197 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5081330
MLS Status
(10) Active - Active
Days on Market
65
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New York State Fair Housing Notice.
