127 Hanover Street Lebanon NH 03766 Multi Family $1,295,000

$1,295,000 | $281 per sq.ft. A 7 Unit Multi Family Home, in Lebanon NH With 5 - One Bedroom Units | 2 - Two Bedroom Units MLS# 5036701

Listed by Gerry Stark RE/MAX Upper Valley on April 17th 2025
127 Hanover Street Lebanon NH 03766

DESCRIPTION

7 unit apartment building with long term tenants in place. Most leases have been renewed, rents shown are new rents. Current Owners have maintained this building extremely well. Majority of the heating systems are up to date, metal roof, vinyl siding, newer bathrooms, nice kitchens. newer windows. Potential to rent out storage space in the large garage in the back for extra income. Lots of tenant parking in the rear of the property. Heat is included in 6 of the units, however, each unit has a separate meter. Lots of hidden potential to increase profitability of this property. Walking distance on sidewalks to the bus route make this an easy property to rent. 5 one bedroom units 2 two bedroom units, some are oversized. Rents shown are for renewed leases starting on 6/1/25 see income statement.
Appliances : Water Heater � Gas | Water Heater � Owned | Water Heater � Separate
Gross Income : $132000
Net Income: $

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CONSTRUCTION

Wood Frame | Exterior Color Gray | Year Built: 1900
No. of Floors:2.5
Total Sq.Ft. Finished: 4607
Above Grade Sq.Ft.: 3665
Below Grade Sq.Ft.: 942
Price Per SQ.FT. 281.09
Basement: Concrete
Foundation: Concrete | Stone
Heating: Propane
Cooling: None
Electric: Circuit Breaker(s)
Trash: Dumpster
Utilities: Cable
Electric Meters: 7
Gas_Meters: 7

Style: Multi-Family
Roof: Metal
Water: Public
Sewer: Public
Garage And Parking: Off Street
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Sidewalks | In Town | Near Public Transportatn
Lot size: 0.95 acres
Zoned: R3
Surveyed: Unk
Flood Zone: Unknown
Driveway: Gravel | Paved

PROPERTY INFORMATION

Taxes $12,564
| Assesed Value $478,100 in 2024

AREA INFORMATION

School District: Lebanon School District
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School

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