179 Bank Street Extension Lebanon NH
Multi Family For Sale $490,000 MLS# 5032792

List Price: $490,000 | $258 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units



MLS# 5032792
Date Listed Tuesday Mar 18, 2025
179 Bank Street Extension Lebanon NH
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! Operating Expenses : Insurance,Maintenance,Professional Management,Water/Sewer
Annual Expenses

Taxes: $4,079
Income
Gross Income | $48,360
NetIncome | $35,916

UNIT 1

Beds: 3
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 1730.00 Monthly
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 2300.00 Monthly
Signed Lease : Yes
Status : Leased
Construction: Asbestos Exterior | Clapboard Exterior
Year Built: 1880
Style: Duplex | Multi-Family
Floors | Stories: 1.25
No. Elevators:
Total Sq.Ft. Finished: 3798
Above Grade Sq.Ft.: 1899
Basement: Crawl Space | Dirt Floor
Foundation: Brick | Stone
Exterior Features:
Barn | Porch - Covered
Roof: Standing Seam
Garage And Parking: Driveway | On-Site
Seasonal: No
Heating: Oil
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 2
Water: Public
Sewer: Public
Land Information
Corner | Level | Near Paths | Neighborhood | Near School(s)
Lot size: 0.32 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: No
Driveway: Dirt
Docs Available : Deed
Block - 48
Taxes $4,079
Assesed Value Not Reported
Schools
School District: Lebanon School District
Middle School: Lebanon Middle School
High School: Lebanon High School
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