39 Portland Street

Closed 9/11/18
Closed 9/11/18
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Sold
Last Sold Price
$120,000
9 beds5,632 sqft$21/sqft
39 Portland St, Lancaster, NH 03584
Multi FamilyProperty Type
0.38 acresLot Size
1858Year Built
$21/sq ftPrice per sq ft

Description

PRICED TO SELL: Take a look at the 6 Unit Historic Building that has been efficiently converted into a positive cash flow multi-family income property. With a strong rental history, 6 Units are currently occupied. 10 Rinnai heaters, were installed in 2013. New roof on the front building and exterior paint within the past 3 years. New smoke detectors in 2018. Some electrical work needs to be done. Situated on .38 surveyed acres of land with 123.6' of road frontage, it offers ample parking for the...PRICED TO SELL: Take a look at the 6 Unit Historic Building that has been efficiently converted into a positive cash flow multi-family income property. With a strong rental history, 6 Units are currently occupied. 10 Rinnai heaters, were installed in 2013. New roof on the front building and exterior paint within the past 3 years. New smoke detectors in 2018. Some electrical work needs to be done. Situated on .38 surveyed acres of land with 123.6' of road frontage, it offers ample parking for the tenants/guests. (Deeded right to use the adjacent parking lot). It's a short walking distance to downtown Lancaster, including the laundrymat. Formerly the Old Morse Lodge in c. 1940 Please note that financial figures change, depending upon the number of occupied units and/or increased rental fees.

    Sold By RE/MAX Northern Edge

    • Listed by: Denise Hood Boynton • RE/MAX Northern Edge
    Listing closed: 09/11/2018 12:00 AM • Source: New England Real Estate Network, MLS#: 4498060
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    $1,061 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $610

    Property Taxes

    $451

    HOA Dues

    $0

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    Property Information for 39 Portland Street

    Property Details
    • Taxes: $5,414 / year
    • MLS Type: Multi Family
    • County: Coos County
    • Parking: Off Street, Parking Spaces 11 - 20
    • Zoning: 01- Residential
    Building Information
    • Stories: 1
    • Residences: 6
    • Year Built: 1858
    • Lot Size: 0.38 AC / 16,552 SF
    Summary
    Location and General Information
    • Area Description: In Town, Near Shopping, Village, Near Public Transportatn
    • City: Lancaster
    • County: NH-Coos
    • Directions: From Main Street in Lancaster, take Route 2 towards Jefferson. Building is the 5th building on the right.
    • Latitude: 44.483952220007431
    • Longitude: -71.566684780426044
    • Road Frontage: TBD
    • Seasonal: No
    • State: NH
    • Map: P11
    • Zip: 03584
    Taxes and HOA Information
    • Tax Expenses: $5,413.00
    • Tax - Gross Amount: $5,414.00
    • Tax Rate: 26.34%
    • Tax Year: 2017
    • Taxes TBD: No
    School Information
    • School - High: White Mountain Regional HS
    • School - District: White Mountains Regional
    • School - Elementary: Lancaster Elementary School
    • School - Middle/Jr: Lancaster Elementary
    Parking
    • Garage: No
    • Garage Capacity: .00
    • Driveway: Gravel
    Property
    Lot Information
    • Block: 0
    • Footprint: 30x52 24x82
    • Lot: 81
    • Lot - Sqft: 16553.0
    • Lot Size Acres: 0.38
    • Road Frontage Length: 123.0
    • Square Feet Apx Finished Above Grade: 5632.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Tot BG Source: Public Records
    • Square Feet Apx Total: 8792.0
    • Square Feet Apx Total Finished: 5632.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished Below Grade: 3160.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Current Use: No
    • Assessment Amount: $205,500
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Concrete, Stone
    • Plan Survey Number: 2531
    • PreConstruction: No
    • ROW - Parcel Access: No
    • Surveyed: Yes
    • Year Built: 1858
    Utilities
    • Electric Company: EVERSOURCE
    • Cable Company: SPECTRUM
    • Fuel Company: TENANTS PAY
    • Electric: Circuit Breaker(s)
    • Sewer: Metered, Public
    • Utilities: Cable, Internet - Cable
    • Total Gas Meters: 10
    • Total Electric Meters: 7
    • Separate Utilities: Varies
    Interior and Exterior Features
    Exterior Features
    • Color: Sage
    • Features - Exterior: Deck
    • Roads: Paved, Public
    • Roof: Shingle - Asphalt
    • Total Ranges: 6
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walk-up
    • Basement Description: Crawl Space, Full, Unfinished
    • Baths - Full: 6
    • Flooring: Hardwood, Softwood, Vinyl
    • Heat Fuel: Gas - LP/Bottle
    • Heating: Wall Units
    • Cooling: None
    • Total Refrigerators: 6
    • Total Stories: 1.5
    • Total Water Heaters: 1
    • Trash: Municipal
    Multi Family
    Income & Expenses Information
    • Gross Income: $43,656.00
    • Expenses - Annual: $28,000.00
    • Expenses - Insurance: $3,250.00
    • Expenses - Heat: $0
    • Expense - Utility: $10,480
    • Expenses - Maintenance: $2,500
    • Expenses - Snow: $0
    • Expenses - Trash: $.00
    • Expenses - Water: $2,787.00
    • Expenses - Miscellaneous: $.00
    • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Utilities, Water/Sewer
    Multi-Family Information
    • Total Units: 6
    • Total 1 BR Units: 4
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 1
    • Total Heat Units: 10
    Unit Information
    Unit 1
    • Unit 1 Baths: 2
    • Unit 1 Bedrooms: 3
    • Unit 1 Rental Agremnt: Yes
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Level Number: 2
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Month to Month
    • Unit 1 Rooms: 7
    • Unit 1 Rental Amount: $775.00
    • Unit 1 Tenant Pays: Electric, Heat, Internet Service, TV Service
    • Unit 1 Info: Appliances Included, Hot Water, Laundry Hookup
    Unit 2
    • Unit 2 Lease Term: Month to Month
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 4
    • Unit 2 Rental Agremnt: Yes
    • Unit 2 Status: Month to Month
    • Unit 2 Level Number: 1
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 1
    • Unit 2 Rental Amount: $800.00
    • Unit 2 Info: Appliances Included
    • Unit 2 Tenant Pays: Heat, Internet Service, TV Service
    Unit 3
    • Unit 3 Baths: 0
    • Unit 3 Rooms: 1
    • Unit 3 Rental Agremnt: No
    • Unit 3 Level Number: 1
    • Unit 3 Style: Workshop
    • Unit 3 Bedrooms: 0
    Unit 4
    • Unit 4 Rental Agremnt: Yes
    • Unit 4 Lease Term: Month to Month
    • Unit 4 Level Number: 1
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 4 Rooms: 6
    • Unit 4 Baths: 1
    • Unit 4 Bedrooms: 2
    • Unit 4 Status: Leased
    • Unit 4 Rental Amount: $736.00
    • Unit 4 Info: Appliances Included, Electric, Hot Water
    • Unit 4 Tenant Pays: Heat, Internet Service, TV Service
    Unit 5
    • Unit 5 Rental Agreement: No
    • Unit 5 Level Number: 2 - Back
    • Unit 5 Rental Amt Freq: Monthly
    • Unit 5 Status: Month to Month
    • Unit 5 Style: STUDIO
    • Unit 5 Baths: 1
    • Unit 5 Bedrooms: 1
    • Unit 5 Rooms: 2
    • Unit 5 Lease Term: Month to Month
    • Unit 5 Rental Amount: $475.00
    • Unit 5 Info: Appliances Included
    • Unit 5 Tenant Pays: Heat, Internet Service, TV Service
    Unit 6
    • Unit 6 Rental Agreement: No
    • Unit 6 Level Number: 2 - Back
    • Unit 6 Baths: 1
    • Unit 6 Bedrooms: 1
    • Unit 6 Rooms: 2
    • Unit 6 Rental Amt Freq: Monthly
    • Unit 6 Status: Vacant
    • Unit 6 Style: STUDIO
    • Unit 6 Rental Amount: $475.00
    • Unit 6 Info: Appliances Included, Electric, Hot Water
    • Unit 6 Tenant Pays: Heat, Internet Service, TV Service
    Unit 7
    • Unit 7 Bedrooms: 1
    • Unit 7 Rooms: 2
    • Unit 7 Baths: 1
    • Unit 7 Rental Agreement: Yes
    • Unit 7 Lease Term: Month to Month
    • Unit 7 Level Number: 3 - Back
    • Unit 7 Rental Amt Freq: Monthly
    • Unit 7 Status: Month to Month
    • Unit 7 Style: STUDIO
    • Unit 7 Rental Amount: $575.00
    • Unit 7 Info: Appliances Included, Electric, Hot Water
    • Unit 7 Tenant Pays: Heat, Internet Service, TV Service
    Rental
    Rent Information
    • Total Leases: 5

    Property History for 39 Portland Street

    DateEvent & SourcePriceAppreciation
    Sep 11, 2018

    Sold

    New England Real Estate Network #4498060

    		$120,000—
    Jul 12, 2018

    Pending

    New England Real Estate Network #4498060

    		—
    Jan 5, 2018

    Sold (Public Record)

    Public Record #613538084

    		$92,533

    -2.5% / yr

    DateEvent & SourcePrice
    09/11/2018

    Sold

    New England Real Estate Network #4498060

    $120,000
    07/12/2018

    Pending

    New England Real Estate Network #4498060

    —
    01/05/2018

    Sold (Public Record)

    Public Record #613538084

    $92,533

    -2.5% / yr

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 39 Portland Street

    Taxable ValueLand$34,200Additions$205,600Total$239,800
    Tax Record2025$5,053 ($421 / month)
    Home Facts
    Baths8Total Finished SqFt6,279 SqFtAbove Grade Finished SqFt6,279 SqFtUnfinished Basement SqFt1,600 SqFtStories2Lot Size16,553 SqFtStyleMulti-Family Res (5+ Units)Year Built1858Year Renovated1858ZoningRES-RECountyCOOSAPNLNCS M:P11 L:081

    Schools near 39 Portland Street

    This home is within White Mountain Regional School District.
    Rating
    School
    Type
    Grades
    Distance
    Lancaster Elementary School
    		Public - PK to 8
    White Mountains Regional High School
    		Public - 9 to 12
    Mount Royal Academy North
    		Private - PK to 8
    Sunny Brook Montessori School
    		Private - PK to 1
    Rating
    School
    Distance
    Lancaster Elementary School
    PublicPK to 8

    White Mountains Regional High School
    Public9 to 12

    Mount Royal Academy North
    PrivatePK to 8

    Sunny Brook Montessori School
    PrivatePK to 1

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of RE/MAX Northern Edge

    Copyright 2026 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/09/2026 09:03 AM