Downtown 18-Unit Multifamily
4 Elm Street Lancaster, NH 03584
For Sale
$1,400,000
An 18-unit multifamily building at a highly visible downtown corner with recent roof, interior, and system upgrades.
Property Size11,178 SF
Price / SF$125.25
Days on Market119
Property Features for 4 Elm Street
General Information
- Standard status
- Active
- Size
- 11,178 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency:
Rune Stone Realty
(603) 566-7305
Listed By:
Nicole Canavan · License #009533251
(603) 566-7305
Source:
Compass
Added: Mar 30
Changed: Jul 23
Last Checked: Jul 25 at 11:33AM
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
Investment Insights
Based on property information with market context.
This 18-unit multifamily property is positioned at a highly visible corner of Route 3 and Route 135 in downtown Lancaster. The building has undergone significant capital improvements in recent years, including a new rubber membrane roof, new oil tanks, structural reinforcements, and interior apartment refreshes. The fire and sprinkler system successfully passed its 5-year inspection, and ownership completed recommended (non-mandatory) improvements.
The property is located near major employers including Weeks Medical Center, PAK Solutions, and Trividia Manufacturing, with residents described as being within walking distance to downtown amenities, services, and major commuter routes. A new boiler is scheduled for installation in May 2026.
For sale as a residential income asset, the property is presented with a strong rental history supported by many long-term tenants and a low vacancy profile.
The property is located near major employers including Weeks Medical Center, PAK Solutions, and Trividia Manufacturing, with residents described as being within walking distance to downtown amenities, services, and major commuter routes. A new boiler is scheduled for installation in May 2026.
For sale as a residential income asset, the property is presented with a strong rental history supported by many long-term tenants and a low vacancy profile.
Key Highlights
- 18‑unit multifamily building on a highly visible downtown corner of Route 3 and Route 135
- Recent capital improvements include a new rubber membrane roof, new oil tanks, and structural reinforcements
- Interior apartment refreshes completed over the past several years
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - An 18-unit multifamily building at a highly visible downtown corner with recent roof, interior, and system upgrades.
Where is this apartment building located?
The property is located at 4 Elm Street Lancaster, NH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 18‑unit multifamily building on a highly visible downtown corner of Route 3 and Route 135; Recent capital improvements include a new rubber membrane roof, new oil tanks, and structural reinforcements; Interior apartment refreshes completed over the past several years
