25 West Street Lebanon NH 03766 Multi Family $495,000

$495,000 | $253 per sq.ft. A 3 Unit Multi Family Home, in Lebanon NH With 2 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5082299

Listed by Simon Verkaik BHHS Verani Seacoast Cell: 603-729-6179 on April 6th 2026
25 West Street Lebanon NH 03766

DESCRIPTION

If you've been trying to find a multifamily in Lebanon that actually makes sense, this is worth a look. This three-unit property is fully occupied and generating income from day one, with a proven rental history in one of the Upper Valley's most consistently in-demand markets. You're minutes from Dartmouth College, Dartmouth-Hitchcock Medical Center, and downtown--so vacancy risk here is about as low as it gets. The units are straightforward, functional, and easy to rent--exactly what you want in a property like this. There have already been exterior updates, including paint and porch work, so some of the heavy lifting is done. Some of the current expenses reflect recent improvements--meaning a new owner steps into upgrades that are already handled. Highlights: * Fully rented 3-unit with consistent income * Off-street parking + usable outdoor space * Minutes to Dartmouth, DHMC, and downtown * Exterior improvements already completed * Room to increase rents and improve returns * Strong, steady rental demand
Gross Income : $61800
Net Income: $

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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	UNIT 3 INFORMATION Beds: 1 Baths: 1 Rooms: 3 Tenant Pays : Electric Rent : 1500.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased

CONSTRUCTION

Wood Frame | Vinyl Siding | Year Built: 1880
No. of Floors:2
Total Sq.Ft. Finished: 1960
Above Grade Sq.Ft.: 1960
Apx Below Grade Unfinished Sq.Ft.: 238
Price Per SQ.FT. 252.55
Basement: Exterior Access
Heating: Forced Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4

Style: Multi-Family
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

PROPERTY INFORMATION

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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