25 West Street Lebanon NH Multi Family For Sale $525000

List Price: $525,000 | $268 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Sep 24, 2025 | MLS# 5062728

To see this Listing

call
603-643-3942

Email Star Johnson

Address: 25 West Street Lebanon NH
Listed by Simon Verkaik BHHS Verani Seacoast Cell: 603-729-6179
Description:
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. Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Sewer,Snow Removal,Trash,Water,Water/Sewer

Annual Expenses

Taxes: $7,513

Income
Gross Income | $61,200
NetIncome | $22,709

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Tenant Pays : Electric
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Tenant Pays : Electric
Rent : 1850.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Tenant Pays : Electric
Rent : 1475.00 Monthly
Lease Term : Annual

Construction: Wood Frame | Vinyl Exterior
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3390
Above Grade Sq.Ft.: 1960
Basement: Exterior Access

Exterior Color: White
Roof: Asphalt Shingle
Seasonal: No

Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 3
Water: Public
Sewer: Public

Additional Information
Docs Available : Deed | Plat/Grid Map | Property Disclosure | Tax Map
Block - 69
Taxes $7,513
Assesed Value Not Reported

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

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
CONTACT STAR

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