Granite Northland Real Estate | in Lebanon NH
logo  in Lebanon NH
CANAAN OFFICE
3 On The Common Ln.
Canaan, NH 03741
(603)523-7200/9993
Fax:(603)523-9994
ENFIELD OFFICE
278 US RT4
Enfield, NH 03748
(603)632-5567
Fax:(603)632-5568
listings@granitenorthland.com
Listed by  8733 RE/MAX Upper Valley on April 17th 2025

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

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.

Gross Income | $132000
NetIncome | $ 94336
 
Unit No
Beds
Baths
Rooms
Floors
Sq Ft
Furnished
Heat Inc.
Rent
Rented
2250.00 Yes
1850.00 Yes
1800.00 Yes
1500.00 Yes
1200.00 Yes
1200.00
1200.00
Annual Expenses $0
Taxes: $12,564

Construction: Wood Frame | Exterior Color Gray | Price Per SQ.FT. 281.09 | Year Built: 1900
No. of Floors-| 2.5
Avail.Sq.Ft.: 6
Finished Sq.Ft.: 4727
Above Grade Sq.Ft.: 3665
Below Grade Sq.Ft.: 942
Basement: Concrete
Foundation: Concrete | Stone
Electric: Circuit Breaker(s)
Style: Multi-Family
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 Information
Lot size: 0.95 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Gravel | Paved

Additional 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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Copyright © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 29th, 2025
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