$1,350,000 | $206 per sq.ft.
A
9
Unit Multi Family Home, in Lebanon NH
With 3 - One Bedroom Units | 4 - Two Bedroom Units | 2 - Three Bedroom Units MLS# 5059958
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Listed by Samuel RobertsBeacon Realty Group, LLC on September 5th 2025
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DESCRIPTION
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Seize this iconic 9-unit multi-family property in the heart of Downtown West Lebanon, NH - hitting the market for the first time in over 60 years! This proven cash-flow generator delivers a strong projected cap rate of 9%, ensuring immediate returns with all units fully leased and reliable rental income from day one. Perfectly situated in the vibrant downtown core, it offers unparalleled access to local shopping, diverse dining options, and seamless connections to nearby Hanover, Dartmouth College, and West Lebanon commerce. This prime location positions it ideally amid West Lebanon's ongoing revitalization efforts, transforming the area into a dynamic hub for residents, businesses, and community growth. Refreshed interiors enhance its appeal for modern tenants, while the property's untapped developability opens doors to exciting value-add opportunities, such as expansions or adaptive repurposing in a rapidly appreciating market. Don't miss this rare chance to own a cornerstone of West Lebanon's promising future
Appliances : Propane Water Heater
Occupant Restrictions : No Smoking
Gross Income : $184200
Net Income: $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 0Level: 1Info : Appliances Included,Heat Included,Hot Water,Electric Range,RefrigeratorTenant Pays : Electric,Internet ServiceRent : 1750.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 0Level: 1Info : Appliances Included,Heat Included,Hot Water,Electric Range,RefrigeratorTenant Pays : Electric,Internet ServiceRent : 1750.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Vacant
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UNIT 3 INFORMATION
Beds: 2Baths: 1Level: 2Info : Appliances Included,Heat Included,Hot Water,Electric Range,RefrigeratorTenant Pays : Electric,Internet ServiceRent : 1750.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 4 INFORMATION
Beds: 2Baths: 1Level: 1Info : Appliances Included,Heat Included,Hot Water,Electric Range,RefrigeratorTenant Pays : Electric,Internet ServiceRent : 1750.00 MonthlyLease Term : Annual Status : Leased
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UNIT 5 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 2Info : Appliances IncludedTenant Pays : Electric,Internet ServiceRent : 1450.00 MonthlyLease Term : Annual Signed Lease : Yes
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UNIT 6 INFORMATION
Beds: 1Baths: 1Level: 2Info : Appliances Included,Heat Included,Hot Water,Electric Range,RefrigeratorTenant Pays : Electric,Internet ServiceRent : 1150.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 7 INFORMATION
Beds: 3Baths: 1Level: 3Info : Appliances Included,Heat Included,Hot Water,Electric Range,RefrigeratorTenant Pays : Electric,Internet ServiceRent : 2000.00 MonthlyStatus : Leased
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UNIT 8 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 2Info : Tenant Pays : Electric,Internet ServiceRent : 1750 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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CONSTRUCTION
Wood Frame | Aluminum Siding | Exterior Color Green | Year Built: 1890
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No. of Floors:3
Total Sq.Ft. Finished: 6549
Above Grade Sq.Ft.: 6549
Apx Below Grade Unfinished Sq.Ft.: 1500
Price Per SQ.FT. 206.14
Basement: No Tenant Access | Partial | Exterior Access
Heating: Propane | Baseboard | Hot Water
Cooling: Individual
Electric: 200+ Amp Service | Circuit Breaker(s)
Trash: Dumpster
Utilities: Propane
Electric Meters: 9
Gas_Meters: 1
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Style: Apartment Building
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: Major Road Frontage | Rental Complex | Sidewalks | In Town | Near Shopping | Near Public Transportatn | Near School(s)
Lot size: 0.36 acres
Zoned: CBD
Surveyed: Unk
Flood Zone: No
Road Frontage: 55
Driveway: Dirt
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PROPERTY INFORMATION
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Docs Available : Deed | Lease Agreements | Property Disclosure | Tax Map
Taxes $14,312
| Assesed Value $544,600 in 2024
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AREA INFORMATION
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School District: Lebanon Sch District SAU #88
Elementary School: Mount Lebanon School
Middle School: Lebanon Middle School
High School: Lebanon High School
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