4 Williams Street, Lancaster, NH 03584

Lancaster
Local realty services provided by:ERA Key Realty Services
4 Williams Street,Lancaster, NH 03584
$2,600,000
Virtual Tour
  • - Beds
  • 30 Baths
  • 21,044 sq. ft.
  • Multi-family
  • Active
Listed by: matthew lefebvre
Office: downtown realty603-554-2309
MLS#:5099780
Source:PrimeMLS

Price summary

  • Price:$2,600,000
  • Price per sq. ft.:$123.55

About this home

We are pleased to present Elmwood Apartments, a well-located 30-unit multifamily investment opportunity in Lancaster, NH, offering strong in-place cash flow with clear paths to additional upside. Priced at $2,600,000, the property is running a 9.17% cap rate on current in-place NOI, with proforma upside to roughly 11.13% as units turn to market rent. Built in 1974, the property consists of four wood-frame buildings on concrete slab foundations situated on ±1.1 acres, offering a diverse unit mix of nineteen 1BD/1BA, five 2BD/1BA, four 3BD/1.5BA, and two 4BD/1.5BA townhouse-style units totaling approximately 21,000 SF. Ownership has invested in electrical upgrades across all four buildings, including new underground feeder lines and upgraded main panels. Additional upside exists in the on-site laundry facilities. The machines are currently leased rather than owned, meaning ownership carries no maintenance or service responsibility, but also isn't capturing any income from this ancillary...

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Home facts

  • Year built:1974
  • Listing ID #:5099780
  • Added:54 day(s) ago
  • Updated:September 07, 2026 at 11:02 AM

Rooms and interior

  • Total bathrooms:30
  • Full bathrooms:30
  • Living area:21,044 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1974
  • Building area:21,044 sq. ft.
  • Lot area:1.1 Acres
  • Levels:2 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$2,600,000
  • Price per sq. ft.:$123.55
  • Tax amount:$24,584 (2025)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Paved Driveway
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 7, 2026

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