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4-Unit Multifamily with Barn
For Sale
$355,000

20 Railroad Street, Lancaster, NH 03584

Four-unit property with three 1-bedroom units, one 2-bedroom unit, and an attached two-story barn.

Property Size3,265 SF
Price / SF$108.73
Days on Market120

Property Features for 20 Railroad Street

General Information

Standard status Active
Size 3,265 SF
Property subtype Multi-family

Building Details

Year Built 1890
Listing Agency: Rune Stone Realty
Listed By: Nicole Canavan · License #009533251
Source: Profoundrealestate
Added: Jun 29 Changed: Oct 25 Last Checked: Oct 24 at 9:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rune Stone Realty

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Investment Insights

Based on property information with market context.

This four-unit multifamily property includes three 1-bedroom apartments and one 2-bedroom apartment. The property also features a large, two-story attached barn. The listing notes that many updates and improvements have been completed and the property is ready for a new owner.

The asset sits on a spacious, level lot in downtown Lancaster. One newly renovated unit is vacant, and owner occupation is possible. Other structures have been removed, and a minimum of 48 hours notice is required to view the occupied apartments.

Key Highlights

  • 4‑unit multi‑family in downtown Lancaster with three 1‑bedroom units and one 2‑bedroom unit
  • Three occupied units gross $3,900 per month; one newly renovated unit is vacant and can support owner occupancy
  • Year built 1890

Property Analytics

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Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby

Demographics for 03584, NH

3,490
Population
1,817
Households
1.9
Avg Household Size
47
Median Age
27%
College-Educated
93%
High-School Grad
62.1 sq mi
ZIP Area
56
Density / Sq Mi
$92,797
Median Household Income
$46,627
Median Earnings
$892
Median Rent
$197,200
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with three 1-bedroom units, one 2-bedroom unit, and an attached two-story barn.
Where is this quadplex located?
The property is located at 20 Railroad Street Lancaster, NH.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 4‑unit multi‑family in downtown Lancaster with three 1‑bedroom units and one 2‑bedroom unit; Three occupied units gross $3,900 per month; one newly renovated unit is vacant and can support owner occupancy; Year built 1890
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