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


$495,000

MLS# 5082299
1960 sq.ft. 5 Bedroom | 0 Bathroom
Multi Family
25 West Street Lebanon NH
 
$495,000 | $253 per sq.ft. | MLS# 5082299 A 3  Unit Multi Family Home, 25 West Street Lebanon NH With 2 - One Bedroom Units | 1 - Two Bedroom Units

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

Annual Expenses
Taxes: $7,513
    Income Gross Income | $
NetIncome | $

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
Rent : 1500.00 Monthly
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 252.55 | Year Built: 1880
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Sidewalks | In Town | Near Shopping | Neighborhood | Near Public Transportatn | Near Hospital | Near School(s)
Avail.Sq.Ft.: 3
Livable Space: 1960
Above Grade Sq.Ft.: 1960
Below Grade Sq.Ft.: 0
Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Style: Multi-Family
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.16 acres
Zoned: R3
Surveyed: Unk
Flood Zone: No
Seasonal: No
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $7,513  | Assesed Value $285,900 in 2024
SCHOOLS
School District: Lebanon Sch District SAU #88
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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