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Granite Northland Associates
Serving Mascoma Lake Area
Call 603-523-7200

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  • $519,000 | $277 per sq.ft.
    3  Unit Multi Family Home,
    43 Water Street Lebanon NH
    With 1 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units
    | MLS# 5030732
  • 5030732 property image 1

  • Listed by Alex DeFelice The Clerkin Agency, P.C. on February 28th 2025
    DESCRIPTION
    Strong Cash Flow! Profitable investment opportunity! This fully leased 3 unit multifamily property located on a .20 +/- acre in town lot 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 pay for your housing. A Low maintenance property with an excellent rental history. Walk to all that the heart of downtown Lebanon, NH. has to offer! Restaurants, Shopping, Lebanon Opera House, CCBA, public transportation and more. Easy access to I 89 & Dartmouth College Highway, Dartmouth Hitchcock Medical Center, Dartmouth College and Lebanon Municipal Airport. A great property to add to your real estate portfolio.
    Gross Income : $54120
    Net Income: $
  • UNIT 1 INFORMATION

    Beds: 2
    Baths: 1
    Rooms: 0
    Sq.Ft.: 782
    Level: 1
    Tenant Pays : Electric
    Rent : 1625.00 Monthly
    Signed Lease : Yes
    Status : Leased
    UNIT 2 INFORMATION

    Beds: 1
    Baths: 1
    Rooms: 0
    Sq.Ft.: 458
    Level: 1
    Tenant Pays : Electric
    Rent : 1575.00 Monthly
    Signed Lease : Yes
    Status : Leased
    UNIT 3 INFORMATION

    Beds: 2
    Baths: 1
    Sq.Ft.: 552
    Level: 2
    Rent : 1310.00 Monthly
    Status : Leased
  • CONSTRUCTION
  • Vinyl Siding Year Built: 1890
    No. of Floors: 2
    Total Sq.Ft. Finished: 1872
    Above Grade Sq.Ft.: 1872
    Price Per SQ.FT.: $277.24
    Basement: Bulkhead | Concrete Floor
    Foundation: Block
    Heating: Baseboard | Gas Heater - Vented
    Cooling: None
    Electric: Circuit Breaker(s)
    Utilities: Cable - Available | Gas - LP/Bottle
    Electric Meters:
    Style: Multi-Family
    Exterior Features: Deck
    Roof: Shingle | Standing Seam
    Water: Public
    Sewer: Public
    Garage And Parking: On-Site
    Seasonal: No
  • LAND INFORMATION
  • City Lot | Level | In Town
    Lot size: 0.2 acres
    Zoned: R2 Neighborhood R6)
    Surveyed: Unk
    Flood Zone: Yes
    Driveway: Dirt | Gravel
  • ADDITIONAL INFORMATION
  • Docs Available : Deed
    Taxes $6,483  | Assesed Value $0 in
  • AREA INFORMATION
  • School District: Lebanon School District
    Middle School: Lebanon Middle School
    High School: Lebanon High School
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