List Price: $519,000 | $277 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units on Mascoma River
Date Listed Friday Feb 28, 2025 | MLS# 5030732
With 1 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units on Mascoma River
Date Listed Friday Feb 28, 2025 | MLS# 5030732
To see this Listing
Address: 43 Water Street Lebanon NH
Listed by Alex DeFelice The Clerkin Agency, P.C.
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. Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Utilities,Water/Sewer
Annual Expenses
Taxes: $6,483
Taxes: $6,483
Income
Gross Income | $54,120
NetIncome | $37,302
Gross Income | $54,120
NetIncome | $37,302
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
Tenant Pays : Electric
Rent : 1310.00 Monthly
Signed Lease : Yes
Status : Leased
Construction: Vinyl Siding
Year Built: 1890
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2448
Above Grade Sq.Ft.: 1872
Basement: Bulkhead | Concrete Floor
Foundation: Block
Year Built: 1890
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2448
Above Grade Sq.Ft.: 1872
Basement: Bulkhead | Concrete Floor
Foundation: Block
Exterior Features:
Deck
Roof: Shingle | Standing Seam
Garage And Parking: On-Site
Seasonal: No
Deck
Roof: Shingle | Standing Seam
Garage And Parking: On-Site
Seasonal: No
Heating: Baseboard | Gas Heater - Vented
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot | Level | In Town
Lot size: 0.2 acres
Zoned: R2 Neighborhood R6)
Surveyed: Unk
Flood Zone: Yes
Driveway: Dirt | Gravel
City Lot | Level | In Town
Lot size: 0.2 acres
Zoned: R2 Neighborhood R6)
Surveyed: Unk
Flood Zone: Yes
Driveway: Dirt | Gravel
Additional Information
Docs Available : Deed
Block - 89
Taxes $6,483
Assesed Value Not Reported
Docs Available : Deed
Block - 89
Taxes $6,483
Assesed Value Not Reported
Schools
School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School
School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School
