Townhouse-Style Multifamily
For Sale
$2,600,000
4 Williams Street, Lancaster, NH 03584
30-unit multifamily investment with four wood-frame buildings and on-site laundry facilities.
Property Size21,044 SF
Lot Size1.10 Acres
Price / SF$123.55
Days on Market113
Property Features for 4 Williams Street
General Information
Standard status
Active
Size
21,044 SF
Lot size
1.10 Acres
Property subtype
Multi-family
Additional Details
Cap Rate
9.17%
Multifamily Units
30
Amenities
laundry facilities
Building Details
Year Built
1974
Construction
wood-frame
Tenancy
Multi
Listing Agency:
Downtown Realty
Listed By:
Matthew Lefebvre
(603) 763-4932
Source:
Harborlightrealty
Added: May 20
Changed: Sep 8
Last Checked: Sep 8 at 7:29AM
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 Downtown Realty
Investment Insights
Based on property information with market context.
Elmwood Apartments is a 30-unit multifamily property featuring four wood-frame buildings on concrete slab foundations. The unit mix includes nineteen 1BD/1BA apartments, five 2BD/1BA units, four 3BD/1.5BA units, and two townhouse-style 4BD/1.5BA homes.
Ownership has completed electrical upgrades across all four buildings, including new underground feeder lines and upgraded main panels. The property also includes on-site laundry facilities; the machines are currently leased rather than owned.
This offering totals approximately 21,000 square feet across roughly ±1.1 acres, providing a structured scale for investors seeking in-place income and operational improvement opportunities through unit turns and ancillary revenue optimization.
Ownership has completed electrical upgrades across all four buildings, including new underground feeder lines and upgraded main panels. The property also includes on-site laundry facilities; the machines are currently leased rather than owned.
This offering totals approximately 21,000 square feet across roughly ±1.1 acres, providing a structured scale for investors seeking in-place income and operational improvement opportunities through unit turns and ancillary revenue optimization.
Key Highlights
- 1974‑built 30‑unit multifamily in Lancaster, NH, consisting of four wood‑frame buildings totaling about 21,000 SF
- Unit mix includes nineteen 1BD/1BA, five 2BD/1BA, four 3BD/1.5BA, and two 4BD/1.5BA townhouse‑style units
- Located on approx. 1.1 acres with concrete slab foundations
Property Analytics
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Current Use
Lease Details
30
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - 30-unit multifamily investment with four wood-frame buildings and on-site laundry facilities.
Where is this apartment building located?
The property is located at 4 Williams Street Lancaster, NH.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 1974‑built 30‑unit multifamily in Lancaster, NH, consisting of four wood‑frame buildings totaling about 21,000 SF; Unit mix includes nineteen 1BD/1BA, five 2BD/1BA, four 3BD/1.5BA, and two 4BD/1.5BA townhouse‑style units; Located on approx. 1.1 acres with concrete slab foundations
