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Multi Family Home $490,000 | $258 per sq.ft.
2 Unit Multi Family Home,
179 Bank Street Extension Lebanon NH
With 1 - Two Bedroom Units | 1 - Three Bedroom Units
| MLS# 5032792 -
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Listed by Alex DeFelice The Clerkin Agency, P.C. on March 18th 2025
DESCRIPTION
Strong Cash Flow! This fully leased two unit property 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 rent help pay for your housing. A low maintenance property with many updates which include a standing seem roof, kitchen cabinets, counter tops, appliances and flooring. Inside you will find spacious rooms, wonderful original wood trims, tin ceilings and beautiful laminate floors. Outside a nice easy to mow level lot, garage and barn for extra storage space. Located on a nice .32 +/- acre in town lot this Bank Street Ext. / Lebanon home is within walking distance to the rail trail, Colburn Park, city hall, library, post office, and restaurants. Very convenient in town location only minutes to I 89, Route 4 and route 120, Dartmouth Hitchcock Medical Center, Dartmouth College, Alice Peck Day Hospital, VA Hospital, public transportation, Lebanon Airport and all that the Upper Valley has to offer!
Gross Income : $48360
Net Income: $ -
UNIT 1 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 1730.00 Monthly
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 2300.00 Monthly
Signed Lease : Yes
Status : Leased -
CONSTRUCTION
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Asbestos Exterior | Clapboard Exterior Year Built: 1880
No. of Floors: 1.25
Total Sq.Ft. Finished: 1899
Above Grade Sq.Ft.: 1899
Price Per SQ.FT.: $258.03
Basement: Crawl Space | Dirt Floor
Foundation: Brick | Stone
Heating: Oil
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 2
Style: Duplex | Multi-Family
Exterior Features: Barn | Porch - Covered
Roof: Standing Seam
Water: Public
Sewer: Public
Garage And Parking: Driveway | On-Site
Seasonal: No
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LAND INFORMATION
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Corner | Level | Near Paths | Neighborhood | Near School(s)
Lot size: 0.32 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: No
Driveway: Dirt
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ADDITIONAL INFORMATION
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Docs Available : Deed
Taxes $4,079 | Assesed Value $0 in
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AREA INFORMATION
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School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School -