$1,295,000

127 Hanover St Lebanon, NH 03766

Estimated payment $8,199/month

Total Views 17,494
-- Bed
-- Bath
3,665 Sq Ft
$353 Price per Sq Ft

Highlights

  • 0.95 Acre Lot
  • Wood Flooring
  • 4 Car Garage
  • Hanover Street School Rated A-

About This Home

7 unit apartment building with long term tenants in place. Most leases have been renewed, rents shown are new rents. Current Owners have maintained this building extremely well. Majority of the heating systems are up to date, metal roof, vinyl siding, newer bathrooms, nice kitchens. newer windows. Potential to rent out storage space in the large garage in the back for extra income. Lots of tenant parking in the rear of the property. Heat is included in 6 of the units, however, each unit has a separate meter. Lots of hidden potential to increase profitability of this property. Walking distance on sidewalks to the bus route make this an easy property to rent. 5 one bedroom units 2 two bedroom units, some are oversized. Rents shown are for renewed leases starting on 6/1/25 see income statement.

Listing Agent

Gerry Stark

RE/MAX Upper Valley License #081.0003791 Listed on: 04/17/2025

RE/MAX Upper Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,564

Year Built

  • Built in 1900

Parking

  • 4 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • Property has 2.5 Levels
  • Walk-Out Basement

Flooring

  • Wood
  • Vinyl

Schools

  • Hanover Street Elementary School
  • Lebanon Middle School
  • Lebanon High School

Additional Features

  • 0.95 Acre Lot
  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 77

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • Gross Income $132,000
  • Net Operating Income $94,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,564

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Directions: Property on the right just past 120/I-89 intersection. Park in front or in back parking lot.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Cable Internet
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Sidewalks, In Town, Near Public Transit
  • Road Frontage Type: Paved
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 3665.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Varies
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Owned Water Heater, Separate Water Heater
  • Flooring: Vinyl, Wood
  • Basement: Concrete
  • Basement YN: Yes
  • Below Grade Sq Ft: 942.0

Exterior Features

  • Driveway: Gravel, Paved
  • Roof: Metal
  • Easements: Unknown
  • Construction Type: Wood Frame
  • Foundation Details: Concrete, Stone

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Off Street

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Propane
  • Cooling: None
  • Trash: Dumpster
  • Utilities: Cable
  • Water Source: Public

Schools

  • Elementary School: Hanover Street School
  • High School: Lebanon High School
  • Middle Or Junior School: Lebanon Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: R3
  • Lot Size Acres: 0.95
  • Lot Size Sq Ft: 41382.0

Multi Family

  • Gross Income: 132000.0
  • Number Of Units Total: 7
  • Net Operating Income: 94336.0
  • Number Of Units Leased: 7
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12564.0
  • Tax Block: 0
  • Tax Lot: 125
  • Tax Map Number: 77

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $1,295,000 -- $353 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5036701

PrimeMLS

New Hampshire Grafton County Lebanon 03766

127 Hanover St, Lebanon, NH

This home is located at 127 Hanover St, Lebanon, NH 03766 and is currently priced at $1,295,000, approximately $353 per square foot. This property was built in 1900. 127 Hanover St is a home located in Grafton County with nearby schools including Hanover Street School, Lebanon Middle School, and Lebanon High School.

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Gerry Stark
Listing Agent
Gerry Stark
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RE/MAX Upper Valley
(603) 252-2934