7 Lancaster Road, Gorham, NH 03581

$279,000 Asking Price

3 beds
2 baths
1,883  sqft
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 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.


Features & Amenities

Interior

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
Basement:
Bulkhead,Concrete Floor,Stairs - Interior,Unfinished,Stairs - Basement
Flooring:
Hardwood,Slate/Stone,Softwood,Tile,Vinyl
A/C:
None
Heating:
Baseboard,Hot Water,Radiant, Electric,Oil,Pellet,Wood
Disability Feature:
1st Floor Full Bathroom

Exterior

General:
Barn,Building,Outbuilding,Porch,Porch - Covered,Storage,Window Screens,Windows - Double Pane
Parking:
Driveway,Off Street,On-Site,Parking Spaces 6+,Paved

Construction

Roofing:
Shingle,Shingle - Other
General:
2, Stone

Location

Road/Access:
Paved,Public
School District:
Gorham School District SAU #20
County:
NH-Coos

Lot

Driveway:
Paved
Zoning:
CA

Utilities

Utilities:
Phone,Telephone At Site
Sewer:
Public,Public Sewer On-Site

This listing courtesy of:
Keller Williams Realty-Metropolitan, Jim Harvey

About Gorham, NH

Housing

Number of Units
1,511
Median Home Value
$150,384
Median Rent
$678

25.68% of housing units are renter occupied.

15.44% are vacant.

Commute

Car
85.13%
Public Transportation
0.04%
Walk to Work
3.41%
Work from Home
8.93%
Other
2.49%

The median travel time to work is 19 minutes.

People

Population
2,917
Median Age
55.90
Median Household Size
2.23

Education

High School
31.47%
Associate’s Degree
15.18%
Bachelor’s Degree
18.34%
Graduate Degree
14.13%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: