Strong Cash Flow! Very Profitable Investment Opportunity! This fully leased three unit multifamily 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 rents help pay for your housing. A low maintenance property with many updates of the units over the years. Inside you will find spacious rooms, generously sized kitchens, wonderful wood trims and ample natural light. Located on a classic city lot of .12 +/- acres this Elm Street property is within walking distance to the vibrant downtown Lebanon mall, Colburn Park, CCBA recreation center and Pat Walsh Park. Tenants will also enjoy this Super convenient in town location as it is near public transportation, Lebanon city hall, churches, library, Lebanon Opera House, AVA Arts gallery, Dartmouth Coach Transportation, Dartmouth Hitchcock Medical Center, Dartmouth College, VA Hospital, local schools, restaurants, shopping and all that the Upper Valley has to offer! (Click on link above to take the 3D tour.)
Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Utilities,Water/Sewer
Annual Expenses
Taxes: $6,744
Income
Gross Income | $63,360
NetIncome | $44,028
Appliances : Water Heater
Construction: Aluminum Siding
Year Built: 1860
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4464
Above Grade Sq.Ft.: 2765
Basement: Concrete Floor | Partial
Foundation: Stone w/ Skim Coating
Exterior Features:
Porch - Covered
Roof: Shingle - Asphalt
Garage And Parking: On Street
Seasonal: No
Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - At Site
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot | Level | Neighbor Business | Sidewalks | In Town | Near Public Transportatn
Lot size: 0.12 acres
Zoned: R2 Neighborhood R4)
Surveyed: Unk
Flood Zone: No
Driveway: None
Docs Available : Deed
Block - 207
Taxes $6,744
Assesed Value Not Reported
Schools
School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School