Price Reduced 6.77%

$303,000 ($188.32 per sqft)

Est. Mortgage $1,674/mo *

Quick Pre-Approval

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


7 Lancaster Road, Gorham, NH, 03581

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


Community Info

School Info

Walk Score

Mass Transit

Yelp