$490,000

179 Bank Street Extension Lebanon, NH 03766

Estimated payment $2,951/month

Total Views 54,179
5 Beds
2 Baths
1,899 Sq Ft
$258 Price per Sq Ft

Highlights

  • Barn
  • Corner Lot
  • Vinyl Plank Flooring
  • Hanover Street School Rated A-
  • Covered Patio or Porch
  • 2 Car Garage

About This Home

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!

Listing Agent

Alex DeFelice

The Clerkin Agency, P.C. License #081.0134096 Listed on: 03/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,079

Year Built

  • Built in 1880

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Dirt Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Asbestos Siding
  • Clapboard

Interior Spaces

  • Property has 1.25 Levels
  • Basement
  • Walk-Up Access

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Lebanon Middle School
  • Lebanon High School

Additional Features

  • Covered Patio or Porch
  • Barn
  • High Speed Internet

Listing and Financial Details

  • Tax Block 48
  • Assessor Parcel Number 93

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $48,360
  • Net Operating Income $35,916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,079

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Directions: From Colburn Park in downtown Lebanon take rte 4 east / Bank Street to Bank Street Ext. on the left. Follow Bank Street Ext. to the intersection of Heater Road and Bank Street ext. on the left. Property will be on left #179. Driveway parking is on the Heater road / Alden Rd. side of the home.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1880
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Duplex, Multi-Family
  • ResoLotFeatures: Corner Lot, Level, Near Paths, Neighborhood, Near School(s)
  • Road Frontage Type: Paved, Public Maintained Road
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 1899.0
  • Unit Levels: 1.25
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 1899
  • SqFt_Apx_Unfn_Above_Grade: 633
  • SqFt_Apx_Unfn_Below_Grade: 1266
  • SqFt_Apx_Total: 3798
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Varies
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Flooring: Combination, Laminate, Vinyl Plank
  • Basement: Crawl Space, Dirt Floor
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt
  • Exterior Features: Barn, Porch - Covered
  • Roof: Standing Seam
  • Construction Type: Asbestos Exterior, Clapboard Exterior
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway, On Site

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • High School: Lebanon High School
  • Middle Or Junior School: Lebanon Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: R3
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13939.0

Multi Family

  • Gross Income: 48360.0
  • Number Of Units Total: 2
  • Net Operating Income: 35916.0
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4079.0
  • Tax Block: 48
  • Tax Lot: 0
  • Tax Map Number: 93

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,079 $155,200 $62,400 $92,800
2023 $3,768 $155,200 $62,400 $92,800
2022 $3,576 $155,200 $62,400 $92,800
2021 $3,095 $114,700 $47,400 $67,300
2019 $3,183 $104,800 $47,400 $57,400
2018 $2,422 $104,800 $47,400 $57,400
2017 $3,048 $104,800 $47,400 $57,400
2016 $2,948 $104,800 $47,400 $57,400
2015 $2,894 $104,800 $47,400 $57,400
2014 $2,433 $92,600 $51,900 $40,700
2013 $3,538 $138,700 $79,900 $58,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $490,000 -- $258 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,500 Unknown
Source: Public Records

Source: PrimeMLS

MLS Number: 5032792

PrimeMLS

APN: LBAN-000093-000048