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Property view

38 School Street, 
Lincoln, NH 03251

$610,000


3

Beds


2

Baths


1,172

Sq Ft


Single Family

Sold

Listed by

Susan Chenard

RE/MAX In The Mountains

603-745-8300

MLS#

5082931

Source:

PrimeMLS

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About This Home

38 School Street

Rare Turn-Key Opportunity in In-Town Lincoln! This classic 1.75-story Dutch Colonial at 38 School St offers a premier location with a proven investment track record, generating $75,000 in revenue for 2025. Perfectly situated for convenience, you can stroll to local shopping, dining, the library, church, theater, and the Lin-Wood Public School, all just steps away. Interior Excellence: Step into a modern kitchen featuring elegant marble floors and premium appliances (all <3 years old). The main level flows into a sun-drenched dining area and a spacious living room featuring beautifully refinished fir floors. This level also includes a convenient half-bath. Comfort is guaranteed year-round with a new Gree mini-split system (AC/Heat) and Nest thermostats. Bedroom Level & Basement: The second floor offers a traditional layout with three well-appointed bedrooms and a full, updated bathroom. Every bedroom is equipped with baseboard, a dedicated mini-split and ceiling fan for personalized climate control. For added convenience, the finished laundry room is located in the basement, easily accessed from the dining area stairs. The basement also features a fully heated zone—keeping the main level floors warm—and houses an impeccably organized 200-amp electrical panel and a high-efficiency Viessmann tankless boiler. Luxury Living & Value Add: The private side yard is an outdoor oasis with a gazebo and a 4-person Hot Springs salt-water hot tub. Across the town-maintained Govoni Lane, the property includes a detached 2-car garage. Given the Village Residential zoning, there is significant potential to explore an Accessory Dwelling Unit (ADU) conversion for increased value or rental density. Sold Turn-Key: This home is offered fully furnished, making it a seamless transition for a primary residence or a high-performing short-term rental.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1930

Price Summary

620,000

$529 per Sq. Ft.

MLS #:

5082931

Sold:

May 15, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,172 Sq. Ft.


Structure

Structure

Building Area:

1,880 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

6,970


Finances & Disclosures

Finances

Price:

$620,000

Price per Sq. Ft:

$529 per Sq. Ft.

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Copyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 17, 2026