Listed by Matthew Lefebvre, Downtown Realty, (603) 554-2309
$2,600,000
Studio
30 Baths
21,044 sqft (on 1.10 acres)
4 Williams Street, Lancaster, NH 03584
Est. Mortgage $17,789/mo*
Get Pre-QualifiedHome Highlights
Property Type
Multi-Family
Year Built
1974
Lot Size
1.1 acres
Price/Sqft
$124
Local Information
- Map ViewExplore the area around 4 Williams Street.
- Schools2 Preschool Schools2 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
About this House
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.
Home Details for 4 Williams Street
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MLS Status: Active |
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Beds & Baths Number of Bathrooms (full): 30 |
Dimensions and Layout Living Area: 21044 Square Feet |
Appliances & Utilities Utilities: Other |
Heating & Cooling Heating: ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: Circuit Breakers |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: Two |
View No View |
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Exterior Home Features Roof: Asphalt ShingleFoundation: Concrete Slab |
Parking & Garage No CarportNo GarageParking: Paved,On Site |
Frontage Road Frontage: PublicRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Frontage Length: Road frontage: 248 |
Finished Area Finished Area (above surface): 21044 Square Feet |
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Days on Market: 49 |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family |
Building Construction Materials: Wood FrameNot a New Construction |
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Price List Price: $2,600,000Price Per Sqft: $124 |
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Direction & Address City: Lancaster |
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Listing Agent Listing ID: 5099780 |
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Building Area Building Area: 21044 Square Feet |
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Lot Area: 1.1 Acres |
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Mls Number: 5099780Above Grade Unfinished Area: 21044Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Source: Public RecordsBelow Grade Unfinished Area Units: Square Feet |
Around this home
What Locals Say about Lancaster
At least 7 Trulia users voted on each feature.
90 % Say it's dog friendly
90 % Say yards are well-kept
88 % Say parking is easy
78 % Say it's walkable to restaurants
78 % Say there's holiday spirit
78 % Say there's wildlife
78 % Say car is needed
75 % Say it's walkable to grocery stores
75 % Say there are sidewalks
75 % Say streets are well-lit
75 % Say kids play outside
73 % Say neighbors are friendly
71 % Say people would walk alone at night
57 % Say there are community events
43 % Say they plan to stay for at least 5 years
29 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
Market trends in Lancaster
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
17
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $413,000 | 04/09/26 | 10 | 3.5 | 5,498 | |
0.03 | Multi-Family Home | $173,684 | 06/01/26 | 4 | 2 | 1,956 | |
0.03 | Multi-Family Home | $279,000 | 01/20/26 | 3 | 2,799 | ||
0.64 | Multi-Family Home | $210,000 | 05/19/26 | 5 | 4 | 3,265 | |
0.60 | Multi-Family Home | $140,000 | 10/14/25 | - | 3,182 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $173,684 | 4 | 2 | 1,956 | Recently Sold | |
0.07 | $315,000 | 2 | 1 | 2,676 | Recently Sold | |
0.03 | $279,000 | Studio | 3 | 2,799 | Recently Sold | |
0.08 | $140,000 | 3 | 1 | 1,576 | Recently Sold | |
0.03 | $299,000 | 3 | 2 | 2,582 | For Sale | |
0.08 | $90,000 | 3 | 1.5 | 1,388 | Recently Sold | |
0.05 | $158,300 | Studio | 3 | 3,008 | Off Market | |
0.07 | $170,200 | 2 | 1 | 1,194 | Off Market | |
0.13 | $1,300,000 | Studio | 18 | 11,178 | For Sale | |
0.13 | $169,600 | 6 | 2 | 2,496 | Off Market | |
0.14 | $243,500 | 3 | 1.5 | 1,528 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 14, 2026 Source: PrimeMLS #5099780 | Listed For Sale | $2,600,000 |
Nov 8, 2006 Source: N/A | Sold | $500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $22,379 | $1,166,800 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Matthew Lefebvre, Downtown Realty, (603) 554-2309
Copyright 2026 PrimeMLS, Inc. All rights reserved.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 2026-09-01 13:01:22 PDT.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
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Frequently asked questions about 4 Williams Street
- What is the estimated monthly payment for 4 Williams Street?Based on a $2,600,000 list price with 20% down at today's rates, the estimated monthly payment for 4 Williams Street in Lancaster, NH is approximately $18,313 (about $13,753 principal & interest, $4,485 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Lancaster?Residents describe Lancaster, NH as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Lancaster, NH.
- What are the closest schools to 4 Williams Street?The closest schools to 4 Williams Street in Lancaster, NH are Lancaster Elementary School (Pre-K/Middle, rated 6/10), White Mountains Regional High School (rated 3/10), Whitefield Elementary School (Pre-K/Middle, rated 4/10).
- Does 4 Williams Street have parking?Yes, 4 Williams Street in Lancaster, NH has on-site parking.
- Is there a virtual tour of 4 Williams Street?Yes, a virtual tour of 4 Williams Street in Lancaster, NH is available.
4 Williams Street, Lancaster, NH 03584 is a studio, 21,044 sqft multi-family built in 1974. This property is currently available for sale and was listed by PrimeMLS on Jul 14, 2026. The MLS # for this home is MLS# 5099780.