25 West St Lebanon, NH 03766
Estimated payment $3,335/month
Highlights
- Tile Flooring
- Forced Air Heating System
- Hot Water Heating System
- Hanover Street School Rated A-
About This Home
Add a solid income-producing property to your portfolio with this fully rented three-unit multifamily in the heart of Lebanon. Just minutes from Dartmouth College, Dartmouth-Hitchcock Medical Center, and downtown, this triplex offers investors both stability and upside in one of the Upper Valley’s most competitive rental markets. All three units are occupied, generating immediate rental income with proven tenant history. Each apartment features a practical layout, good natural light, and access to off-street parking and a shared backyard. The property has benefited from recent exterior updates, including paint and porch improvements, while still offering potential for future value-add renovations or strategic rent increases. With strong regional demand driven by nearby major employers and limited housing supply, 25 West Street presents an opportunity to secure instant cash flow and long-term equity growth. Whether you’re expanding your portfolio or seeking a stable foothold in the Upper Valley, this triplex checks all the boxes. Highlights: Three fully rented units with established income Off-street parking + backyard space Close to Dartmouth, DHMC, & downtown Lebanon Recent exterior updates; value-add potential Strong Upper Valley rental demand.
Listing Agent
BHHS Verani Seacoast Brokerage Phone: 603-729-6179 License #078834 Listed on: 09/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,513
Year Built
- Built in 1880
Lot Details
- 6,970 Sq Ft Lot
- Sloped Lot
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Location
- City Lot
Schools
- Hanover Street Elementary School
- Lebanon Middle School
- Lebanon High School
Utilities
- Forced Air Heating System
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Tax Block 69
- Assessor Parcel Number 91
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- Gross Income $61,500
- Net Operating Income $33,300
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,513 | $285,900 | $87,500 | $198,400 |
| 2023 | $6,942 | $285,900 | $87,500 | $198,400 |
| 2022 | $6,585 | $285,800 | $87,400 | $198,400 |
| 2021 | $6,775 | $251,100 | $71,400 | $179,700 |
| 2019 | $7,101 | $233,800 | $71,400 | $162,400 |
| 2018 | $7,570 | $233,800 | $71,400 | $162,400 |
| 2017 | $6,114 | $237,000 | $71,400 | $165,600 |
| 2016 | $6,667 | $237,000 | $71,400 | $165,600 |
| 2015 | $6,544 | $237,000 | $71,400 | $165,600 |
| 2014 | $6,310 | $240,200 | $73,200 | $167,000 |
| 2013 | $5,730 | $224,600 | $73,200 | $151,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $515,000 | -1.9% | $263 / Sq Ft | |
| 10/03/2025 10/03/25 | For Sale | $525,000 | 0.0% | $268 / Sq Ft | |
| 09/27/2025 09/27/25 | Pending | -- | -- | -- | |
| 09/24/2025 09/24/25 | For Sale | $525,000 | +42.7% | $268 / Sq Ft | |
| 12/15/2022 12/15/22 | Sold | $368,000 | -1.9% | $167 / Sq Ft | View Prior Sale |
| 10/30/2022 10/30/22 | Pending | -- | -- | -- | |
| 09/04/2022 09/04/22 | For Sale | $375,000 | -- | $171 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $368,000 | None Available | |
| Deed | $158,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $276,000 | Purchase Money Mortgage | |
| Previous Owner | $118,875 | Purchase Money Mortgage |
Source: PrimeMLS
MLS Number: 5062728
APN: LBAN-000091-000069
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