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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 -
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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
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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
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LAND INFORMATION
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City Lot | Level | In Town
Lot size: 0.2 acres
Zoned: R2 Neighborhood R6)
Surveyed: Unk
Flood Zone: Yes
Driveway: Dirt | Gravel
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ADDITIONAL INFORMATION
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Docs Available : Deed
Taxes $6,483 | Assesed Value $0 in
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AREA INFORMATION
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School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School -
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Data last updated April 8th, 2025
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
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