BEDS14
BATHS8 full
SQUARE FEET6,549
MLS#5059958
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLebanon Sch District SAU #88
Listing Courtesy of:
Beacon Realty Group, LLC
Agency Phone: 802-526-9243
Associate Name: Samuel Roberts
Property Description
Seize this iconic 9-unit multi-family property in the heart of Downtown West Lebanon, NH - hitting the market for the first time in over 60 years! This proven cash-flow generator delivers a strong projected cap rate of 9%, ensuring immediate returns with all units fully leased and reliable rental income from day one. Perfectly situated in the vibrant downtown core, it offers unparalleled access to local shopping, diverse dining options, and seamless connections to nearby Hanover, Dartmouth College, and West Lebanon commerce. This prime location positions it ideally amid West Lebanon's ongoing revitalization efforts, transforming the area into a dynamic hub for residents, businesses, and community growth. Refreshed interiors enhance its appeal for modern tenants, while the property's untapped developability opens doors to exciting value-add opportunities, such as expansions or adaptive repurposing in a rapidly appreciating market. Don't miss this rare chance to own a cornerstone of West Lebanon's promising future
Property Features
Property Type: Multi Unit - Multiple
Basement: No Tenant Access, Partial, Exterior Access
Basement: Yes
Cooling: Individual
Heating: Propane, Baseboard, Hot Water
Home Style: Apartment Building
Lot Size: 0.36 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $14,312
Year Built: 1890
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $1450.00
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $1150.00
Unit 7:
Bathroom(s): 1
Bedrooms: 3
Rent: $2000.00
Unit 8:
Bathroom(s): 1
Bedrooms: 1
Rent: $1750.00
Amenities
Porch
Storage
Feature Descriptions
Color: Green
Construction: Wood Frame, Aluminum Siding
Construction Status: Existing
Days on Site: 184
Driveway: Dirt
Driveway: Dirt
Electric: 200+ Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Aluminum Siding
Flood Zone: No
Flooring: Carpet, Laminate, Vinyl
Foundation: Fieldstone
Foundation: Fieldstone
Lot: Major Road Frontage, Rental Complex, Sidewalks, In Town, Near Shopping, Near Public Transportatn, Near School(s)
Parking: Driveway, Off-Site, Parking Spaces 1 - 10, Reserved, Unpaved
Restrictions: No Smoking
Roads: Public Maintained Road
Sewer: Public
Sq. Ft. Above Grade Finished: 6549
Sq. Ft. Above Grade Unfinished: 826
Sq. Ft. Below Grade Unfinished: 1500
Sq. Ft. Total Finished: 6549
Total Stories: 3
Units: 9
Water: Public
Water Access: No
Water View: No
Zoning: CBD
Local Schools
High School: Lebanon High School
Middle School: Lebanon Middle School
Elementary School: Mount Lebanon School
School District: Lebanon Sch District SAU #88
Listed By / Shown By
Listed By
Agency Name: Beacon Realty Group, LLC
Agency Phone: 802-526-9243
Agent Name: Samuel Roberts
Shown By
Agency Title: A House to Home Realty
Agency Phone: (603) 752-7202
Estimate Your Payment
Estimated Payment
$ 4,590.93 per month $3,004.51 Principal & Interest $1,192.67 Property Tax $393.75 Homeowner's Insurance
36-48 Main Street | MLS# 5059958
This multi-family property located at 36-48 Main Street, Lebanon, NH 03784 is currently listed for sale with an asking price of $1,350,000. 36-48 Main Street is located within the Lebanon Sch District SAU #88 school district. Search Lebanon real estate on www.ahousetohomerealty.com today.