- beds
- —
- baths
- —
- sq ft
- —
- Built
- 1948
98 Main Street
Lancaster, NH 03584
Commercial Sale · Active · MLS #5077422
Listing Courtesy of Badger Peabody & Smith Realty | Shem A Nelson, Zach Hawkins
The home
About this home
This CASH-FLOWING portfolio offers two fully rent-ready buildings with solid income and significant upside. The larger property includes six 1-bed apartments 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 & Sewer - Year Built: 1948/1834 - Roof: Flat Rubber/Metal - Heat: Oil/Forced Hot Water
Property information
Details at a glance
Interior1 property facts
- Heating
- Hot Water, Oil
Building2 property facts
- Style
- Other
- Year built
- 1948
Land & utilities4 property facts
- Lot size
- 0.06 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- C-COMM
Financial2 property facts
- Annual taxes
- $9,007
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,301 / monthAdjust
- Principal & interest
- $4,551
- Property tax
- $751
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,007. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
- New
$550,000 · Mar 24, 2026
- New
$905,000 · Feb 28, 2026
Compare with confidence
Price & market context
See how this home compares with active listings in Lancaster.
| Metric | This home | Local listings |
|---|---|---|
| List price | $900,000 | $550,00064% above local |
| Price / sq ft | — | — |
| Days on market | 133 | 8851% above local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 98 Main Street
Can I request a private showing?
Request a tour of 98 Main Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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