36-48 Main ST new Save Request In-Person Tour Request Virtual Tour
Lebanon,NH 03784
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,549 sqft
Price per Sqft $206
MLS Listing ID 5059958
Bedrooms 14
Full Baths 8
Year Built 1890
Annual Tax Amount $14,312
Tax Year 2025
Lot Size 0.360 Acres
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
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning CBD
Rooms
Basement Entrance Interior
Interior
Cooling Individual
Flooring Carpet,Laminate,Vinyl
Exterior
Community Features No Smoking
Utilities Available Propane
Waterfront Description No
View Y/N No
View No
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Schools
Elementary Schools Mount Lebanon School
Middle Schools Lebanon Middle School
High Schools Lebanon High School
School District Lebanon Sch District Sau #88