25 West Street Lebanon, NH

$495,000
Beds 5
Baths 3
Square Footage 1,960
Acres 0.16
Photo of 25 West Street Lebanon NH 03766




Description

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.


Listed by BHHS Verani Seacoast, Simon Verkaik 603-729-6179

Details

MLS 5104280
Price $495,000
Status Active
DOM 58 days
Type Multi-Family
Style Multi-Family
Beds 5
Baths 3 full baths
Square Feet 1,960 sqft
Lot Size 0.16 acres
Year Built 1880
Taxes Paid $8,860

Lot & Building Features

Appliances Water Heater
Utilities Cable
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Hot Water, Forced Air
Sewer Public
Tax Year 2025
Taxes Paid $8,860
Water Public
Basement Description Sump Pump, Concrete Floor
Foundation Fieldstone
Lot Description Near Public Transport, Sidewalks, City Lot, In Town, Near Hospital, Near School(s), Neighborhood, Near Shopping
Roof Asphalt Shingle
Features Exterior Porch, Covered Porch
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1800.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Vacant
Unit 1 Tenant Pays Electric
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1900.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Tenant Pays Electric
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Lease Term Annual
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1500.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 3
Unit 3 Status Leased
Unit 3 Tenant Pays Electric

Schools

Elementary School Hanover Street School
Junior High School Lebanon Middle School
Senior High School Lebanon High School

Multi-Family Home for Sale: 25 West Street, Lebanon, NH 03766

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Financing

$
20%
1.789898989899%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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