NOT LISTED FOR SALE

20 Railroad St Lancaster, NH 03584

5 Beds
1 Bath
3,057 Sq Ft
0.74 Acres

Last Sold February 28, 2020

Last sale price $141,630 $46 Per Sq Ft

177 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Landscaped
  • New Englander Architecture
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of February 2020

Well maintained 4 unit apartment building located in a nice residential neighborhood that is close to shopping and town ammenities. Sited on a large in-town lot with +/- .75 acres that is level and features a huge back yard with BBQ pit and plenty of parking. This New Englander offers 1 two bedroom apartment and 3 one bedroom apartments with appliances included in sale. All units are fully rented, have hard wired smoke and carbon monoxide detectors and 2 forms of egress. In 2010 a 30 year architectural roof was installed on the main house and on the barn in 2012 and a rubber roof was installed on the 2nd floor roof in 2015. There is a coin operated washer & dryer in the 2nd floor hallway which services the 3 upstairs apartments for tenant convenience. A large 20x24 two story attached garage/barn is bonus space with lots of extra storage. The current owners have owned this building since 1989 so if you are looking for a investment property with long term rental and expense history, this may be just the property for you. Owner holds an inactive real estate license.

Last Agent to Sell the Property

Lisa Hampton

Lisa Hampton Real Estate License #064593 Listed on: 06/28/2019

Last Buyer's Agent

Linda Larrivee

RE/MAX Northern Edge

RE/MAX Northern Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1890

Lot Details

  • 0.74 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 2.5-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lancaster Elementary School
  • Lancaster Elementary Middle School
  • White Mountain Regional High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 77

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $21,967
  • Gross Income $40,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: From Main Street, take Railroad Street, home will be on the left.
  • Assessment Amount: 125700
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 46.33
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4449
  • Sq Ft - Apx Total Finished: 3057
  • Year Built: 1890
  • Remarks Public: Well maintained 4 unit apartment building located in a nice residential neighborhood that is close to shopping and town ammenities. Sited on a large in-town lot with +/- .75 acres that is level and features a huge back yard with BBQ pit and plenty of parking. This New Englander offers 1 two bedroom apartment and 3 one bedroom apartments with appliances included in sale. All units are fully rented, have hard wired smoke and carbon monoxide detectors and 2 forms of egress. In 2010 a 30 year architectural roof was installed on the main house and on the barn in 2012 and a rubber roof was installed on the 2nd floor roof in 2015. There is a coin operated washer & dryer in the 2nd floor hallway which services the 3 upstairs apartments for tenant convenience. A large 20x24 two story attached garage/barn is bonus space with lots of extra storage. The current owners have owned this building since 1989 so if you are looking for a investment property with long term rental and expense history, this may be just the property for you. Owner holds an inactive real estate license.
  • List Agent: 22710
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Full
  • Sq Ft - Apx Finished AG: 3057
  • Sq Ft - Apx Unfinished BG: 1392

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Fieldstone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Parking Spaces 6+
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Cable Company: Spectrum
  • Electric: Circuit Breaker(s)
  • Fuel Company: Fitch Fuel
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Tank
  • Heating Fuel: Electric, Oil
  • Heating: Baseboard
  • Electric Company: Eversouorce
  • Phone Company: Consolidated Communicatio
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Trash: Municipal
  • Utilities: Cable - Available, Telephone Available

Schools

  • School District: White Mountains Regional
  • Elementary School: Lancaster Elementary School
  • Middle School: Lancaster Elementary
  • High School: White Mountain Regional HS
  • Elementary School: Lancaster Elementary School
  • High School: White Mountain Regional HS

Lot Info

  • Map: PP04
  • Lot: 77
  • Lot Sq Ft: 32234
  • Lot Acres: 0.74
  • Lot Description: Landscaped, Level, Open, Sidewalks, Street Lights
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Book: 1039
  • Deed Page: 0826
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 40300
  • Total Full Baths: 1
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3288
  • Tax Year: 2018

MLS Schools

  • School District: White Mountains Regional
  • School Middle Jr: Lancaster Elementary

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,500 -- --
10/01/2024 10/01/24 For Rent $1,500 0.0% --
02/28/2020 02/28/20 Sold $141,630 -0.9% $46 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $142,900 -- $47 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4761596

PrimeMLS