Listed by Jim Harvey with Keller Williams Realty-Metropolitan 603-232-8282

Active

7 Lancaster Road

Gorham NH, 03581

$305,000


$189.56 per sqft

Active

3 Beds

2 Baths

1,609 sqft

Residential

Built in 1900

Located in the heart of Gorham, this mixed-use zoned property offers a little bit of everything. The large barn with utilities can be used for a business with plenty of car traffic or as a hobbyist's haven. Store your toys or equipment fully protected from the elements. Revenue opportunities exist with the street front signage post that can accommodate up to three signs or market the home on Air B&B which has been done successfully in the past. Winter time is fun time in Gorham. ATV/Snowmobile trails are 1/2 mile down Rt 16 and the barn is ideal for storing your rides. The 3-bedroom, 2-bathroom home possesses wonderful character with a farmer's porch, hard wood flooring, tin ceilings, wood burning stove and much more. Enter the home into the kitchen dining area and enjoy the island bar dining option, plenty of room for a dining table or sitting area near the wood burning stove. Closet doors hide a 1st floor laundry closet. A cozy living room with decorative ceiling panels/millwork features also holds a modern pellet stove for additional heat and ambience. The front room/den could be used as a 4th bedroom since the first-floor layout provides a full bathroom. Average AirB&B net income $21,500, 85 nights. Commercial signage revenue potential of $7,200 a year.

4978386

MLS ID

November 21, 2023

Listed

April 9, 2024

Updated

Map

7 Lancaster Road
Gorham NH, 03581

Interior Features

Bedrooms

3 Beds


Bathrooms

2 Baths


Appliances

Dishwasher - Energy Star, Dryer - Energy Star, Range - Electric, Refrigerator-Energy Star, Washer - Energy Star, Stove - Electric, Water Heater - Off Boiler, Water Heater - Oil, Vented Exhaust Fan


Floor Description

Hardwood, Slate/Stone, Softwood, Tile, Vinyl


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Hot Water, Radiant, Electric, Oil, Pellet, Wood

Exterior/Building Features

Lot Size

0.53 Acres


Exterior Features

Barn, Building, Outbuilding, Porch, Porch - Covered, Storage, Window Screens, Windows - Double Pane


Lot Features

Business District, Commercial Zoning, In Town, Mountain, Near Snowmobile Trails, Near Railroad


Roof

Shingle, Shingle - Other


Sewer

Public, Public Sewer On-Site

School Information

High School

Gorham High School


Elementary School

Edward Fenn School

Other Property Details

Area Name

NH-Coos


Taxes

$6,514


Tax Frequency

Annually


Days on Market

140


Garage

No


Parking

Driveway, Off Street, On-Site, Parking Spaces 6, Paved


View

No


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/9/2024

Price Change

$305,000

1%

3/25/2024

Price Change

$300,000

-2%

2/28/2024

Price Change

$305,000

1%

1/25/2024

Price Change

$300,000

-8%

Listed by Jim Harvey with Keller Williams Realty-Metropolitan 603-232-8282

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