Price Change! reduced by $10,000 down 2% on October 29th 2025
$515,000 | $263 per sq.ft.
A
3
Unit Multi Family Home, in Lebanon NH
With 1 - One Bedroom Units | 2 - Two Bedroom Units MLS# 5062728
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Listed by Simon VerkaikBHHS Verani Seacoast Cell: 603-729-6179
on September 24th 2025
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DESCRIPTION
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Add a solid income-producing property to your portfolio with this fully rented three-unit multifamily in the heart of Lebanon. Just minutes from Dartmouth College, Dartmouth-Hitchcock Medical Center, and downtown, this triplex offers investors both stability and upside in one of the Upper Valley's most competitive rental markets. All three units are occupied, generating immediate rental income with proven tenant history. Each apartment features a practical layout, good natural light, and access to off-street parking and a shared backyard. The property has benefited from recent exterior updates, including paint and porch improvements, while still offering potential for future value-add renovations or strategic rent increases. With strong regional demand driven by nearby major employers and limited housing supply, 25 West Street presents an opportunity to secure instant cash flow and long-term equity growth. Whether you're expanding your portfolio or seeking a stable foothold in the Upper Valley, this triplex checks all the boxes. Highlights: Three fully rented units with established income Off-street parking + backyard space Close to Dartmouth, DHMC, & downtown Lebanon Recent exterior updates; value-add potential Strong Upper Valley rental demand.
Gross Income : $61200
Net Income: $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 4Tenant Pays : ElectricRent : 1800.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 4Tenant Pays : ElectricRent : 1850.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 3 INFORMATION
Beds: 1Baths: 1Rooms: 3Tenant Pays : ElectricRent : 1475.00 MonthlyLease Term : Annual
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CONSTRUCTION
Wood Frame | Vinyl Exterior | Exterior Color White | Year Built: 1880
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No. of Floors:2
Total Sq.Ft. Finished: 1960
Above Grade Sq.Ft.: 1960
Apx Below Grade Unfinished Sq.Ft.: 238
Price Per SQ.FT. 262.76
Basement: Exterior Access
Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 3
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Style: Multi-Family
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: City Lot | Sidewalks | Sloping | Near Shopping | Near Skiing | Neighborhood | Near Public Transportatn | Near Hospital | Near School(s)
Lot size: 0.16 acres
Zoned: R3
Surveyed: Unk
Flood Zone: No
Driveway: Paved
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PROPERTY INFORMATION
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Docs Available : Deed | Plat/Grid Map | Property Disclosure | Tax Map
Taxes $7,513
| Assesed Value $285,900 in 2024
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AREA INFORMATION
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School District: Lebanon Sch District SAU #88
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School
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