List Price: $620,000 | $529 per sq.ft. | 3 Bedroom | 2 Bathroom | 1.75 Story Single Family Home
Listed Thursday Apr 9, 2026 | MLS# 5082931
38 School Street Lincoln NH
Listed by Susan Chenard RE/MAX in the Mountains
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.
Flooring: Marble | Softwood | Wood
Total Rooms: 6
Total Baths: 2
Full Baths: 1
1/2 Baths: 1
Total Bedrooms: 3
Basement: Bulkhead | Climate Controlled | Concrete | Concrete Floor | Daylight | Partially Finished | Interior Stairs | Interior Access | Basement Stairs
Year Built: 1930
Type: Wood Frame | Asbestos Exterior

Building Info
Finished Sq.Ft.: 1880
Above Grade Sq.Ft.: 1092
Below Grade Sq.Ft.: 80
Apx Below Grade Unfinished Sq.Ft.: 544

Exterior Info
Style: Colonial | Gambrel
Exterior Color white
Roof: Asphalt Shingle

Utilities
Electric: 200+ Amp Service | Circuit Breaker(s)
Water: Public
Sewer: Public

Land Description:
Interior Lot | Level | Mountain View | Sidewalks | In Town | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Neighborhood | Near School(s)
Lot size: 0.16 acres
Zoned: Village Residential
Surveyed: Yes
SurveyedBy: Kellogg Survey
Flood Zone: No
Seasonal: No
Road Frontage: 50
Driveway: Paved



Easement - Yes
Block - 121
Taxes $2,974
Assesed Value Not Reported
Schools
School District: Lincoln/Woodstock SAU #16
Elementary School: Lin-Wood Public School
Middle School: Lin-Wood Public School
High School: Lin-Wood Public HS

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