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7 Lancaster Road, Gorham, NH 03581
$280,000
7 Lancaster Road, Gorham, NH 03581View this property at 7 Lancaster Road, Gorham, NH 03581
7 Lancaster RoadGorhamNH03581
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Property Description
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.
Full Property Details
Full Property Details for 7 Lancaster Rd
General
- Price: $280,000
- Taxes: $6,514 (2022)
- Status: Active
- Type: Single Family
- MLS ID: 4978386
- Updated: 6/6/2024
- Added to Site: 200 day(s) ago
Interior
- Number of Rooms: 8
- 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
- Flooring: Hardwood, Slate/Stone, Softwood, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1: Bath - Full, 9'5" x 4'8", Level 2
- Bathroom 2: Bath - Full, 8'7" x 6'1', Level 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 16'1" x 10'2", Level 2
- Bedroom 1: 9'5" x 12'2", Level 2
Other Rooms
- Living Room: 12'7" x 21'2", Level 1
- Den: Den, 10'1" x 16'6", Level 1
- Studio: 23' x 12'1", Level 2
Additional Information
- Equipment: CO Detector, Smoke Detectr-HrdWrdw/Bat, Stove-Pellet, Stove-Wood
Exterior
- Exterior Features: Barn, Building, Outbuilding, Porch, Porch - Covered, Storage, Window Screens, Windows - Double Pane
- Color: Red
Parking
- Parking: Driveway, Off Street, On-Site, Parking Spaces 6+, Paved
Location
- County: Coos
- Driving Directions: Follow US 2 toward Rt 16. House will be on your right.
School Information
- School District: Gorham School District SAU #20
- Elementary School: Edward Fenn School
- Middle School: Gorham Middle School
- High School: Gorham High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Hot Water, Radiant
- Heating Fuel: Electric, Oil, Pellet, Wood
Utilities
- Sewer: Public, Public Sewer On-Site
Structural Information
- Construction Status: Existing
- Basement Entrance: Walk-up
- Basement Desc.: Bulkhead, Concrete Floor, Stairs - Interior, Unfinished, Stairs - Basement
- Roof: Shingle, Shingle - Other
- Stories/Levels: 2
- Square Feet: 1,609
- Finished Total: 1,609 Sq. Ft.
- Finished Above Grnd: 1,609 Sq. Ft.
- Year Built: 1900
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,087
- Frontage: Yes Road Frontage
- Frontage Feet: 159
- Street/Road Desc.: Paved, Public
- Driveway/Sidewalk: Paved
- Zoning: CA
Financial Considerations
- Price Per Sq. Ft.: $174.02
- Assessment Year: 2022
- Assessment Amount: $268,600
- Tax Amount: $6,514
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Lot Number: L5
Listed by Keller Williams Realty-Metropolitan, Jim Harvey
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Schools
Schools serving 7 Lancaster Rd
School District:School Administrative Unit 20
Rating | Name | Grades | Distance |
---|---|---|---|
169 Main St, Gorham, NH 03581 | K-5 | 0.8 mi | |
120 Main St, Gorham, NH 03581 | 6-8 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Lancaster Rd
Date
Details
Price
Change
Source
6/06/2024
Price Increased
$280,000
0.18%
MLS
5/20/2024
Price Increased
$279,500
0.18%
MLS
5/02/2024
Price Reduced
$279,000
-7.92%
MLS
4/24/2024
Price Reduced
$303,000
-0.66%
MLS
4/09/2024
Price Increased
$305,000
1.67%
MLS
3/25/2024
Price Reduced
$300,000
-1.64%
MLS
2/27/2024
Price Increased
$305,000
1.67%
MLS
1/25/2024
Price Reduced
$300,000
-7.69%
MLS
11/21/2023
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7 Lancaster Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,514
52%
$268,600
123%
2021
$4,286
12%
$120,400
—
2020
$3,835
-6%
$120,400
—
2019
$4,066
-8%
$120,400
—
2018
$4,396
8%
$120,400
—
2017
$4,088
10%
$120,400
-1%
2014
$3,715
-21%
$121,100
-38%
2010
$4,694
—
$196,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7 Lancaster Rd
7 Lancaster Road, Gorham, NH 03581 (MLS# 4978386) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7 Lancaster Road is currently listed for $280,000 and was received on November 21, 2023. Want to learn more about 7 Lancaster Road? Do you have questions about finding other Single Family real estate for sale in Gorham? You can browse all Gorham real estate or contact a Coldwell Banker agent to request more information.