48 Mechanic Street Lebanon NH 03766 Multi Family $435,000

$435,000 | $161 per sq.ft. A 2 Unit Multi Family Home, in Lebanon NH With 1 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5030128

Listed by Heather Cunningham Advisors Living Cell: 508-922-8104 on February 23rd 2025
48 Mechanic Street Lebanon NH 03766

DESCRIPTION

Discover the possibilities of this two family home in the heart of Lebanon. This property features a spacious 3 bedroom 2 bath unit with large rooms and high ceilings, home office space and laundry and a cozy 2 bedroom 1 bath unit with loft space both with comfortable and functional layouts. Conveniently located near Lebanon Green with shopping, restaurants and access to the Northern Rail Trail and just steps away from public transportation. Currently both units are occupied, presenting a steady income stream and immediate cash flow. Updates include new propane heating system, hot water heaters and newer roof. Whether you're an experienced investor or someone looking to owner occupy, this property is brimming with potential. Showings deferred until group showings 3/1 and 3/2.
Appliances : Water Heater�Gas�LP/Bttle
Gross Income : $49128

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UNIT 1 INFORMATION Beds: 3 Baths: 2 Rooms: 8 Sq.Ft.: 1722 Info : Appliances Included,Heat Included,Laundry Hookup,Range - Electric,Refrigerator Tenant Pays : Electric,Hot Water,Internet Service Rent : 2494.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased	UNIT 2 INFORMATION Beds: 2 Baths: 1 Rooms: 4 Sq.Ft.: 974 Info : Appliances Included,Cathedral Ceiling,Heat Included,Range - Electric,Refrigerator Tenant Pays : Electric,Hot Water,Internet Service Rent : 1600.00 Monthly Lease Term : Month to Month Signed Lease : Yes Status : Leased

CONSTRUCTION

Vinyl Siding | Exterior Color Gold | Year Built: 1870
No. of Floors:2
Total Sq.Ft. Finished: 2706
Above Grade Sq.Ft.: 2706
Price Per SQ.FT. 160.75
Basement: Bulkhead | Dirt Floor | Unfinished
Foundation: Fieldstone
Heating: Propane | Hot Water | Radiator
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle
Electric Meters: 3
Gas_Meters: 0

Style: Antique
Exterior Features: Porch - Covered
Roof: Shingle
Water: Public
Sewer: Public
Garage And Parking: Assigned | Driveway | Off Street
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Level | Sidewalks | In Town | Near Public Transportatn
Lot size: 0.22 acres
Zoned: R2
Surveyed: No
Flood Zone: No
Road Frontage: 60
Driveway: Gravel

PROPERTY INFORMATION

Taxes $8,265

AREA INFORMATION

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