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About the Listing 6733 - 287900
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
Listing Highlights
Status
Active
Days on Site
163
Property Type
Multi-Family
MLS ®
5059958
Year Built
1890
Total Square Footage
6,549
Lot/Acreage
0.36
County
Grafton
Building Name
Monthly
School District
Lebanon Sch District SAU #88
Elementary School
Mount Lebanon School
Middle School
Lebanon Middle School
High School
Lebanon High School
Interior Details
- Bedrooms: 14
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Individual
- Heating: Propane,Baseboard,Hot Water
- Fireplaces:
- Floor: Carpet,Laminate,Vinyl
- Above Ground Sq Ft: 6549
- Below Ground Sq Ft: n/a
- Basement: Yes,No Tenant Access,Partial,Exterior Access
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: CBD
- Roof: Asphalt Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $14,312
- Taxes w/Assessments: $544,600
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
36-48 Main St Lebanon, NH 03784
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