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Under Contract $750,000 | $510 per sq.ft. 1470 sq.ft.
|4 Bedroom | 2 Bathroom
54 Lebanon Street Hanover NH
MLS# 5103344 -
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Listed by Carter Auch BHHS Verani Upper Valley Cell: 603-443-0257 on August 4th 2026
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DESCRIPTION
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A well-maintained four-bedroom, one-and-a-half-bath home close to downtown Hanover and Dartmouth College. Roughly 1,500 square feet, with hardwood floors throughout, large bedrooms, and generous living areas. Outside, a nice yard adds space rarely found this close to the center of town. Buy now and start collecting rental income immediately- a signed lease is in place through July 31, 2027, at $5,400 per month, with up to $6,000 in annual utility coverage for the tenant included. It's a turnkey investment for a buyer who wants stable cash flow with no lease-up period. 2025 Operating Costs: Oil: $1,980.73 Electric: $3,314.92 Insurance: $1,913.00 Lawn and driveway care: $840.00 Once the lease concludes, the property also transitions well to a primary residence — the large bedrooms, hardwood floors, and proximity to downtown Hanover and Dartmouth make it just as appealing for an owner-occupant as it is for an investor.
Flooring: Vinyl | Wood
Appliances : Dishwasher | Dryer | Electric Range | Refrigerator | Washer
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ROOM INFORMATION
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ROOM SIZE FLOOR Total Rooms: 8 Total Baths: 2 Full Baths: 1 1/2 Baths: 1 Total Bedrooms: 4 -
CONSTRUCTION
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Wood Frame | Aluminum Siding
Price Per SQ.FT. 510.20
Year Built: 1917
Style: Cape
Livable Space: 1470
Above Grade Sq.Ft.: 1470
Below Grade Sq.Ft.: 0
Basement Access:
Basement: Bulkhead | Gravel | Interior Stairs | Unfinished
Roof: Shingle -
LAND INFORMATION
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Sidewalks | In Town
Lot size: 0.13 acres
Zoned: SR3
Surveyed: Unk
Flood Zone: No
Seasonal: No
Road Frontage: 66
Driveway: Gravel
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UTILITIES
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Heating: Oil | Hot Air
Cooling: None
Electric: 200+ Amp Service | Circuit Breaker(s) -
SERVICES
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Utilities: Cable at Site
Water: Public
Sewer: Public
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ADDITIONAL INFORMATION
- Taxes $9,577 | Assesed Value $0 in
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SCHOOLS
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School District: Hanover Sch District SAU #70
Elementary School: Bernice A. Ray School
Middle School: Frances C. Richmond Middle Sch
High School: Hanover High School -
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Data last updated August 15th, 2026
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
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