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$1,295,000 | $281 per sq.ft.
7 Unit Multi Family Home,
127 Hanover Street Lebanon NH
With 5 - One Bedroom Units | 2 - Two Bedroom Units
| MLS# 5036701 -
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Listed by Gerry Stark RE/MAX Upper Valley on April 17th 2025
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.
Appliances : Water Heater – Gas | Water Heater – Owned | Water Heater – Separate
Gross Income : $132000
Net Income: $ -
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CONSTRUCTION
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Wood Frame Exterior Color : Gray
Year Built: 1900
No. of Floors: 2.5
Total Sq.Ft. Finished: 4607
Above Grade Sq.Ft.: 3665
Below Grade Sq.Ft.: 942
Price Per SQ.FT.: $281.09
Basement: Concrete
Foundation: Concrete | Stone
Heating: Propane
Cooling: None
Electric: Circuit Breaker(s)
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
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LAND INFORMATION
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City Lot | Sidewalks | In Town | Near Public Transportatn
Lot size: 0.95 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Gravel | Paved
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ADDITIONAL INFORMATION
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Taxes $12,564 | Assesed Value $478,100 in 2024
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AREA INFORMATION
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School District: Lebanon School District
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School -
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Data last updated April 28th, 2025
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
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