List Price: $495,000 | $253 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Apr 6, 2026 | MLS# 5082299



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

Taxes: $7,513
Income
Gross Income | $61,800
NetIncome | $31,910

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

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Tenant Pays : Electric
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction: Wood Frame | Vinyl Siding
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3390
Above Grade Sq.Ft.: 1960
Basement: Exterior Access
Roof: Asphalt Shingle
Seasonal: No
Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4
Water: Public
Sewer: Public
Land Information
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
Additional Information
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

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