$905,000

House for sale Lancaster
Property photo number 1 of 16 Photos for Property. File  105173411_29_98833745d30a3fbfe13feaad27bbe774.jpeg

Overview

SUMMARY: Discover an opportunity with this Lancaster house for sale and available for $905,000. This could be your next ideal home or a smart investment. More details await.
This CASH-FLOWING portfolio offers two fully rent-ready buildings with solid income and significant upside. The larger property includes six 1-bedapartments with only one vacancy, plus three commercial units (two with leases and one vacant) making it an ideal mixed-use setup
for steady returns. The second building includes four residential units (three 1-bedroom units and one 3-bedroom unit) and has recently completed professional lead remediation, making three of the units ready for immediate leasing. With most rents currently below market, new ownership has a clear opportunity to increase income quickly. Even with a few open units, the portfolio produces cash flow from day one, with strong potential for value growth as vacancies are filled at market rates. NOTE: This portfolio includes a 4 unit Multifamily located at 23-25 Bunker Hill, Lancaster, NH in addition to the mixed use building. The offering memorandum shows conservative assumptions for potential performance and also has a link to an external deal room with additional photos, video tours and all of the financials needed to underwrite this portfolio. DETAILS: Gross Living area: 5,829sqft/3600sqft - Public Water and Sewer - Year Built: 1948/1834 - Roof: Flat Rubber/Metal - Heat: Oil/Forced Hot Water
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Details

  • Beds: 10
  • Baths: 8
  • Price: $905,000
  • Reference No.: 95209022
  • Area: 10,327 sqft

Location

Marketed by:

  • Zachary Hawkins
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Disclaimer

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