22 - 28 Main Street
Lancaster, NH 03584
Est. Mortgage $1,655/mo
11 Beds • 8 Baths • 11,749 sqft
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. Click here to learn more about this listing.