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$425,000 | $254 per sq.ft. A 3  Unit Multi Family Home, in Lebanon NH With 2 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5032791



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Listed by Alex DeFeliceThe Clerkin Agency, P.C. on March 18th 2025


DESCRIPTION


Strong Cash Flow! Profitable Investment Opportunity! This fully leased three unit multifamily property is an excellent chance for investors to add a consistent cash flowing building to their portfolio or for an onsite owner to occupy one unit and let the extra additional rents help pay for your housing. A low maintenance property with many updates over the years. Inside you will find spacious rooms, generously sized kitchens, handsome wood floors and wonderful wood trims. Located on a in town city lot this Parkhurst Street property is within walking distance to the vibrant and transformed downtown business and theatre district of the city of Lebanon. Tenants will enjoy a super convenient location near public transportation, Colburn Park, CCBA, Rail Trail, churches, restaurants,shopping, Lebanon Opera House and more. Very easy access to I 89 and Dartmouth College Highway, Dartmouth Hitchcock Medical Center, Dartmouth College, Alice Peck Day Hospital, Lebanon airport technology park, local schools, West Lebanon shopping malls and all that the Upper Valley has to offer!
Gross Income : $48600
Net Income: $

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UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Sq.Ft.: 593
Tenant Pays : Electric
Rent : 990.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 732
Tenant Pays : Electric
Rent : 1460.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Sq.Ft.: 346
Tenant Pays : Electric
Rent : 1190.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

CONSTRUCTION

Clapboard Exterior | Year Built: 1860
No. of Floors:1.5
Total Sq.Ft. Finished: 1674
Above Grade Sq.Ft.: 1674
Price Per SQ.FT. 253.88
Basement: Concrete Floor | Crawl Space
Foundation: Other | Stone
Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Style: Multi-Family
Exterior Features: Porch - Covered
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: On Street
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Interior Lot | Level | In Town | Near Paths | Near Shopping | Neighborhood | Near Public Transportatn
Lot size: 0.05 acres
Zoned: R2
Surveyed: Unk
Flood Zone: No
Driveway: None

PROPERTY INFORMATION

Docs Available : Deed
Taxes $6,113

AREA INFORMATION

School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School