4 Williams St

Beds
21,044 Sq. Ft.
$124 / Sq. Ft.
21,044
Sq. Ft.
$124
per Sq. Ft.

Description

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...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 revenue stream, a clear opportunity for a new owner to add NOI. Lancaster serves as the Coos County seat and is considered the gateway to the Great North Woods region, anchoring the North Country's civic and commercial activity. The broader White Mountains region draws hundreds of thousands of visitors annually and sits at the heart of New Hampshire's hospitality and tourism industry, supporting steady demand for local workforce housing. The town's historic downtown, seasonal tourism draw, and year-round outdoor recreation contribute to a stable base of renters tied to local employers, healthcare, and the surrounding service economy. With durable in-place income, embedded rent growth potential, and an untapped ancillary revenue opportunity, Elmwood Apartments offers a compelling entry point into Northern New England multifamily.
  1. Listed by Matthew Lefebvre • Downtown Realty

Property Details for 4 Williams Street

Water View
No
Waterfront Property
No
Zoning
C-Commercial
LISTING UPDATED: 07/15/2026 01:10 AM

Property Details for 4 Williams Street

StatusActive
MLS #5099780
Days on Market1
Taxes$24,584 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1974
Lot Size1.10 AC / 47,916 SF
CountyCoos County

Location

Listing Courtesy of Downtown Realty
Add your commute

Building Information for 4 Williams Street

Stories2Residences30Year Built1974Building Size-Lot Size1.10 AC / 47,916 SF

Payment Calculator

$15,005 per month

30 year fixed, 6.36% Interest

Principal and Interest

$12,956

Property Taxes

$2,049

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4 Williams Street

Summary
Location and General Information
  • City: Lancaster
  • County: NH-Coos
  • Latitude: 44.486507000001005
  • Longitude: -71.572208000000003
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 000P10
  • Zip Code: 03584
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: 000027
  • Lot Features: Corner, Sidewalks
  • Lot Size Acres: 1.1
  • Road Frontage Length: 248.0
  • Total Finished Area: 21044.0
  • Above Grade Finished Area: 21044.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 0.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 47916.0
  • Total Area: 21044.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1974
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: burgundy
  • Construction Materials: Wood Frame
  • Roof: Asphalt Shingle
Interior Features
  • Basement: No
  • Total Full Baths: 30
  • Heating: Electric
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 30
  • Total 1 BR Units: 19
  • Total 2 BR Units: 5
  • Total 3+ BR Units: 6

Property History for 4 Williams Street

DateEvent & SourcePriceAppreciation
Jul 14, 2026

Listed (Active)

New England Real Estate Network #5099780

$2,600,000
Jan 1, 2015

Expired

New England Real Estate Network #4069025

Sep 30, 2014

Expired

MLS PIN #71424627

$789,000
DateEvent & SourcePrice
07/14/2026

Listed (Active)

New England Real Estate Network #5099780

$2,600,000
01/01/2015

Expired

New England Real Estate Network #4069025

09/30/2014

Expired

MLS PIN #71424627

$789,000

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

Public Records for 4 Williams Street

Taxable ValueLand$99,100Additions$1,067,700Total$1,166,800
Tax Record2025$24,584 ($2,049 / month)
Home Facts
Total Finished SqFt5,312 SqFtAbove Grade Finished SqFt5,312 SqFtStories2Lot Size47,916 SqFtStyleMulti-Family Res (5+ Units)Year Built1974ZoningC-COMMCountyCOOSAPNLNCS M:P10 L:027

Schools near 4 Williams Street

This home is within White Mountain Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
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.

Similar Homes

4 Williams Street is a multi-family home for sale in Lancaster, NH 03584. This property was listed for sale on July 14, 2026 by Downtown Realty, it's currently listed at $2,600,000. It has been on the market for a total of 1 days and was last sold on November 8, 2006. This listing's school district is White Mountain Regional School District. Nearby schools include Lancaster Elementary School, White Mountains Regional High School and Mount Royal Academy North. 4 Williams Street is a 0-bed, 30-bath, 21,044 sqft multi-family home built in 1974.

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 Downtown Realty

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