Nicole Vargas
Price Reduced 13.85%
Listing courtesy of Jim Harvey, Keller Williams Realty-Metropolitan Phone: 603-232-8282
Price History
$325,000
11/21/2023
$300,000
1/25/2024
$305,000
2/27/2024
$300,000
3/25/2024
$305,000
4/9/2024
$303,000
4/24/2024
$279,000
5/2/2024
$279,500
5/20/2024
$280,000
6/6/2024
7 Lancaster Road, Gorham, NH, 03581
8 rooms
3 beds
2 Full baths
1900
Farmhouse
1,609 sqft
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 ½ 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.
Status:
Active
Type:
Single-family residential
Units:
1
Zoning:
CA
Frontage:
159
Heating:
Baseboard, Hot Water, Radiant
Cooling:
None
Basement:
Bulkhead, Concrete Floor, Stairs - Interior, Unfinished, Stairs - Basement
Parking:
Driveway, Off Street, On-Site, Parking Spaces 6+, Paved
Acreage:
0.53
Est. Taxes:
$6,514
Assessment
$268,600
Lot Description:
City Lot,Landscaped,Level,Open,Recreational,Sloping,Walking Trails,Wooded
Elementary School:
Edward Fenn School
Middle School:
Gorham Middle School
High School:
Gorham High School
School District:
Gorham School District SAU #20
MLS #:
4978386