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Granite Northland Associates
Serving Mascoma Lake Area
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  • Price Change! reduced by $10,000
    down 2% on October 29th 2025
    $515,000 | $263 per sq.ft.
    3  Unit Multi Family Home,
    25 West Street Lebanon NH
    With 1 - One Bedroom Units | 2 - Two Bedroom Units
    | MLS# 5062728
  • 5062728 property image 1

  • Listed by Simon Verkaik BHHS Verani Seacoast Cell: 603-729-6179 on September 24th 2025

    DESCRIPTION

    Add a solid income-producing property to your portfolio with this fully rented three-unit multifamily in the heart of Lebanon. Just minutes from Dartmouth College, Dartmouth-Hitchcock Medical Center, and downtown, this triplex offers investors both stability and upside in one of the Upper Valley’s most competitive rental markets. All three units are occupied, generating immediate rental income with proven tenant history. Each apartment features a practical layout, good natural light, and access to off-street parking and a shared backyard. The property has benefited from recent exterior updates, including paint and porch improvements, while still offering potential for future value-add renovations or strategic rent increases. With strong regional demand driven by nearby major employers and limited housing supply, 25 West Street presents an opportunity to secure instant cash flow and long-term equity growth. Whether you’re expanding your portfolio or seeking a stable foothold in the Upper Valley, this triplex checks all the boxes. Highlights: Three fully rented units with established income Off-street parking + backyard space Close to Dartmouth, DHMC, & downtown Lebanon Recent exterior updates; value-add potential Strong Upper Valley rental demand.
    Gross Income : $61200
    Net Income: $

  • UNIT 1 INFORMATION


    Beds: 2
    Baths: 1
    Rooms: 4
    Tenant Pays : Electric
    Rent : 1800.00 Monthly
    Lease Term : Annual
    Signed Lease : Yes
    Status : Leased

    UNIT 2 INFORMATION


    Beds: 2
    Baths: 1
    Rooms: 4
    Tenant Pays : Electric
    Rent : 1850.00 Monthly
    Lease Term : Annual
    Signed Lease : Yes
    Status : Leased

    UNIT 3 INFORMATION


    Beds: 1
    Baths: 1
    Rooms: 3
    Rent : 1475.00 Monthly

  • CONSTRUCTION

  • Wood Frame | Vinyl Exterior Exterior Color : White
    Year Built: 1880
    No. of Floors: 2
    Total Sq.Ft. Finished: 1960
    Above Grade Sq.Ft.: 1960
    Price Per SQ.FT.: $262.76
    Basement: Exterior Access
    Heating: Forced Air | Hot Water
    Cooling: None
    Electric: Circuit Breaker(s)
    Utilities: Cable
    Electric Meters: 3
    Style: Multi-Family
    Roof: Asphalt Shingle
    Water: Public
    Sewer: Public
    Seasonal: No

  • LAND INFORMATION

  • City Lot | Sidewalks | Sloping | Near Shopping | Near Skiing | Neighborhood | Near Public Transportatn | Near Hospital | Near School(s)
    Lot size: 0.16 acres
    Zoned: R3)
    Surveyed: Unk
    Flood Zone: No
    Driveway: Paved

  • ADDITIONAL INFORMATION

  • Docs Available : Deed | Plat/Grid Map | Property Disclosure | Tax Map
    Taxes $7,513  | Assesed Value $285,900 in 2024

  • AREA INFORMATION

  • School District: Lebanon Sch District SAU #88
    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 November 19th, 2025
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