$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# 5104280
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Listed by Simon VerkaikBHHS Verani Seacoast Cell: 603-729-6179
on August 10th 2026
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DESCRIPTION
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Fully occupied and income-producing, this Lebanon three-unit property offers a practical investment opportunity in one of the Upper Valley's most dependable rental markets. Conveniently located near Dartmouth College, Dartmouth Hitchcock Medical Center, and downtown Lebanon, the property has strong tenant appeal and provides rental income from day one. Each unit is straightforward, functional, and easy to rent, with off-street parking and usable outdoor space adding to the overall appeal. Recent exterior improvements, including paint and porch work, have already been completed, giving the next owner a solid starting point with room to improve returns over time. The property is being sold as-is. The seller is currently removing and updating the small amount of active knob-and-tube wiring located in the attic, with work anticipated for late August. Highlights include a fully rented three-unit layout, consistent income, off-street parking, outdoor space, completed exterior updates, and potential to increase rents and long-term returns.
Appliances : Water Heater
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 : Vacant
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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: Concrete Floor | Sump Pump
Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s) | Knob and Tube
Utilities: Cable
Electric Meters: 3
Gas_Meters: 1
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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 Transport | 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 $8,860
| Assesed Value $411,500 in 2025
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AREA INFORMATION
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School District: Lebanon School District
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School
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