$495,000 | $253 per sq.ft.
A
3
Unit Multi Family Home, in Lebanon NH
With 2 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5082299
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Listed by Simon VerkaikBHHS Verani Seacoast Cell: 603-729-6179
on April 6th 2026
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DESCRIPTION
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If you've been trying to find a multifamily in Lebanon that actually makes sense, this is worth a look. This three-unit property is fully occupied and generating income from day one, with a proven rental history in one of the Upper Valley's most consistently in-demand markets. You're minutes from Dartmouth College, Dartmouth-Hitchcock Medical Center, and downtown--so vacancy risk here is about as low as it gets. The units are straightforward, functional, and easy to rent--exactly what you want in a property like this. There have already been exterior updates, including paint and porch work, so some of the heavy lifting is done. Some of the current expenses reflect recent improvements--meaning a new owner steps into upgrades that are already handled. Highlights: * Fully rented 3-unit with consistent income * Off-street parking + usable outdoor space * Minutes to Dartmouth, DHMC, and downtown * Exterior improvements already completed * Room to increase rents and improve returns * Strong, steady rental demand
Gross Income : $61800
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
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UNIT 3 INFORMATION
Beds: 1Baths: 1Rooms: 3Tenant Pays : ElectricRent : 1500.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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CONSTRUCTION
Wood Frame | Vinyl Siding | 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. 252.55
Basement: Exterior Access
Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4
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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 | In Town | Near Shopping | 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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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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