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Granite Northland Associates
Serving Mascoma Lake Area
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  • $495,000 | $253 per sq.ft.
    3  Unit Multi Family Home,
    25 West Street Lebanon NH
    With 2 - One Bedroom Units | 1 - Two Bedroom Units
    | MLS# 5104280
  • 5104280 property image 1

  • Listed by Simon Verkaik BHHS Verani Seacoast Cell: 603-729-6179 on August 10th 2026
    DESCRIPTION
    Fully occupied and income-producing, this Lebanon three-unit property offers a practical investment opportunity in one of the Upper Valley’s most dependable rental markets. Conveniently located near Dartmouth College, Dartmouth Hitchcock Medical Center, and downtown Lebanon, the property has strong tenant appeal and provides rental income from day one. Each unit is straightforward, functional, and easy to rent, with off-street parking and usable outdoor space adding to the overall appeal. Recent exterior improvements, including paint and porch work, have already been completed, giving the next owner a solid starting point with room to improve returns over time. The property is being sold as-is. The seller is currently removing and updating the small amount of active knob-and-tube wiring located in the attic, with work anticipated for late August. Highlights include a fully rented three-unit layout, consistent income, off-street parking, outdoor space, completed exterior updates, and potential to increase rents and long-term returns.
    Appliances : Water Heater
    Gross Income : $61800
    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 : Vacant
    UNIT 2 INFORMATION

    Beds: 2
    Baths: 1
    Rooms: 4
    Tenant Pays : Electric
    Rent : 1850.00 Monthly
    Lease Term : Annual
    Signed Lease : Yes
    UNIT 3 INFORMATION

    Beds: 1
    Baths: 1
    Rooms: 3
    Rent : 1500.00 Monthly
    Status : Leased
  • CONSTRUCTION
  • Wood Frame | Vinyl Siding Year Built: 1880
    No. of Floors: 2
    Total Sq.Ft. Finished: 1960
    Above Grade Sq.Ft.: 1960
    Price Per SQ.FT.: $252.55
    Basement: Concrete Floor | Sump Pump
    Heating: Forced Air | Hot Water
    Cooling: None
    Electric: Circuit Breaker(s) | Knob and Tube
    Utilities: Cable
    Electric Meters: 3
    Gas_Meters: 1
    Style: Multi-Family
    Roof: Asphalt Shingle
    Water: Public
    Sewer: Public
    Seasonal: No
  • LAND INFORMATION
  • City Lot | Sidewalks | In Town | Near Shopping | Neighborhood | Near Public Transport | Near Hospital | Near School(s)
    Lot size: 0.16 acres
    Zoned: R3)
    Surveyed: Unk
    Flood Zone: No
    Driveway: Paved
  • ADDITIONAL INFORMATION
  • Taxes $8,860  | Assesed Value $411,500 in 2025
  • AREA INFORMATION
  • School District: Lebanon School District
    Elementary School: Hanover Street School
    Middle School: Lebanon Middle School
    High School: Lebanon High School
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Copyright © 2026 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 August 29th, 2026
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