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$490,000 | $278 per sq.ft. A 2  Unit Multi Family Home, in Lebanon NH With 2 - Two Bedroom Units
on Mascoma River MLS# 5069829



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Listed by Carter AuchBHHS Verani Upper Valley Cell: 603-443-0257
on November 17th 2025


DESCRIPTION


37 Water Street- a well-maintained, thoughtfully renovated property set on a quiet corner lot with a stunning view of the Mascoma River. This charming duplex has exceptional access to everything Lebanon has to offer. Storrs Hill, the Lebanon Green, and numerous shops and restaurants are all within walking distance, making daily errands, recreation, and dining out incredibly convenient. Inside, you'll find hardwood floors, granite countertops, and bright, inviting spaces. The current owner has meticulously cared for the home, including a complete renovation of the second-floor unit, giving it a fresh, modern feel while preserving the property's character. A generously sized two-car garage provides ample storage, ideal for vehicles, outdoor gear, or a workshop. Whether you're looking for an investment opportunity or the option to live in one unit while renting the other, this property offers outstanding value in one of Lebanon's most desirable locations. Enjoy river views, walkability, and the ease of move-in ready living. Schedule a showing today to see this wonderful multifamily in person.

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UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Level: 1
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 6
Tenant Pays : Electric,Heat,Hot Water
Rent : 2300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

CONSTRUCTION

Wood Frame | Shingle Siding | Vinyl Siding | Exterior Color White | Year Built: 1910
No. of Floors:2
Total Sq.Ft. Finished: 1761
Above Grade Sq.Ft.: 1761
Apx Below Grade Unfinished Sq.Ft.: 0
Price Per SQ.FT. 278.25
Basement: Crawl Space | Dirt Floor | Interior Stairs
Heating: Propane | Forced Air
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Other
Electric Meters: 2
Gas_Meters: 2
Style: Multi-Family
Roof: Standing Seam
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Corner | Level | River | Ski Area | View | Near Paths | Near Skiing | Near Hospital
Lot size: 0.19 acres
Zoned: R2
Surveyed: Unk
Flood Zone: No
Road Frontage: 177
Driveway: Gravel

PROPERTY INFORMATION

Taxes $7,000

AREA INFORMATION

School District: Lebanon Sch District SAU #88
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School