List Price: $435,000 | $161 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Sunday Feb 23, 2025 | MLS# 5030128
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Sunday Feb 23, 2025 | MLS# 5030128
48 Mechanic Street Lebanon NH
Listed by Heather Cunningham Advisors Living
Listed by Heather Cunningham Advisors Living
Discover the possibilities of this two family home in the heart of Lebanon. This property features a spacious 3 bedroom 2 bath unit with large rooms and high ceilings, home office space and laundry and a cozy 2 bedroom 1 bath unit with loft space both with comfortable and functional layouts. Conveniently located near Lebanon Green with shopping, restaurants and access to the Northern Rail Trail and just steps away from public transportation. Currently both units are occupied, presenting a steady income stream and immediate cash flow. Updates include new propane heating system, hot water heaters and newer roof. Whether you're an experienced investor or someone looking to owner occupy, this property is brimming with potential. Showings deferred until group showings 3/1 and 3/2.
Operating Expenses : Heat,Insurance,Snow Removal,Water/Sewer
Annual Expenses
Taxes: $8,265
Taxes: $8,265
Income
Gross Income | $49,128
Gross Income | $49,128
Appliances : Water Heater�Gas�LP/Bttle
UNIT 1
Beds: 3
Baths: 2
Rooms: 8
Sq.Ft.: 1722
Info : Appliances Included,Heat Included,Laundry Hookup,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 2494.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2
Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 974
Info : Appliances Included,Cathedral Ceiling,Heat Included,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 1600.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
Construction: Vinyl Siding
Year Built: 1870
Style: Antique
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 29666
Above Grade Sq.Ft.: 2706
Basement: Bulkhead | Dirt Floor | Unfinished
Foundation: Fieldstone
Year Built: 1870
Style: Antique
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 29666
Above Grade Sq.Ft.: 2706
Basement: Bulkhead | Dirt Floor | Unfinished
Foundation: Fieldstone
Exterior Features:
Porch - Covered
Exterior Color: Gold
Roof: Shingle
Garage And Parking: Assigned | Driveway | Off Street
Seasonal: No
Porch - Covered
Exterior Color: Gold
Roof: Shingle
Garage And Parking: Assigned | Driveway | Off Street
Seasonal: No
Heating: Propane | Hot Water | Radiator
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle
Electric Meters: 3
Gas_Meters: 0
Water: Public
Sewer: Public
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle
Electric Meters: 3
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
Level | Sidewalks | In Town | Near Public Transportatn
Lot size: 0.22 acres
Zoned: R2)
Surveyed: No
Flood Zone: No
Road Frontage: 60
Driveway: Gravel
Level | Sidewalks | In Town | Near Public Transportatn
Lot size: 0.22 acres
Zoned: R2)
Surveyed: No
Flood Zone: No
Road Frontage: 60
Driveway: Gravel
Block - 271
Taxes $8,265
Assesed Value Not Reported
Schools
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM