4 Elm
Lancaster, NH 03584
- – beds
- – baths
- 11,178 sqft
- 12,197 sqft lot
- $84 per sqft
- 1910 build
- – on site
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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.
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Last updated Jan 25, 2024
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MLS# 4976242 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/25/24
Jan 25, 2024
|
Sold | PRIME_MLS | $940,000 | -1.1% |
|
11/7/23
Nov 7, 2023
|
Sold Subject To Contingencies | PRIME_MLS | $950,000 | |
|
10/31/23
Oct 31, 2023
|
Listed / Active | PRIME_MLS | $950,000 | 100.4% (66.6% / YR) |