Seller's Agent in 2025
Alex DeFelice
The Clerkin Agency, P.C.
(603) 443-3229
10 in this area
112 Total Sales
36 Elm St Lebanon, NH 03766
6
Beds
3
Baths
2,765
Sq Ft
5,227
Sq Ft Lot
Highlights
- Vinyl Plank Flooring
- Baseboard Heating
- Walk-Up Access
- Hanover Street School Rated A-
- Level Lot
About This Home
As of August 2025Strong Cash Flow! Very Profitable Investment Opportunity! This fully leased three unit multifamily 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 rents help pay for your housing. A low maintenance property with many updates of the units over the years. Inside you will find spacious rooms, generously sized kitchens, wonderful wood trims and ample natural light. Located on a classic city lot of .12 +/- acres this Elm Street property is within walking distance to the vibrant downtown Lebanon mall, Colburn Park, CCBA recreation center and Pat Walsh Park. Tenants will also enjoy this Super convenient in town location as it is near public transportation, Lebanon city hall, churches, library, Lebanon Opera House, AVA Arts gallery, Dartmouth Coach Transportation, Dartmouth Hitchcock Medical Center, Dartmouth College, VA Hospital, local schools, restaurants, shopping and all that the Upper Valley has to offer!
(Click on link above to take the 3D tour.)
Last Agent to Sell the Property
The Clerkin Agency, P.C. License #081.0134096 Listed on: 03/02/2025
Last Buyer's Agent
The Clerkin Agency, P.C. License #081.0134096 Listed on: 03/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,744
Year Built
- Built in 1860
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Aluminum Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Walk-Up Access
Flooring
- Carpet
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Location
- City Lot
Schools
- Lebanon Middle School
- Lebanon High School
Utilities
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Tax Block 207
- Assessor Parcel Number 92
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- Gross Income $63,360
- Net Operating Income $44,028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2025
Closed on
Jul 21, 2025
Sold by
Davidson Michael A and Davidson Michael
Bought by
R P Investments 511 Llc
Seller's Agent
Alex DeFelice
The Clerkin Agency, P.C.
Buyer's Agent
Alex DeFelice
The Clerkin Agency, P.C.
List Price
$605,000
Sold Price
$508,000
Premium/Discount to List
-$97,000
-16.03%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.49%
Original Mortgage
$645,000
Outstanding Balance
$643,891
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$68,224
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $860,000 | -- | |
| Warranty Deed | $860,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $645,000 | New Conventional | |
| Closed | $645,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $508,000 | -16.0% | $184 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $605,000 | 0.0% | $219 / Sq Ft |
| 03/06/2025 03/06/25 | Off Market | $605,000 | -- | -- |
| 03/02/2025 03/02/25 | For Sale | $605,000 | -- | $219 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $7,298 | $277,700 | $72,100 | $205,600 |
| 2023 | $6,743 | $277,700 | $72,100 | $205,600 |
| 2022 | $6,398 | $277,700 | $72,100 | $205,600 |
| 2021 | $5,954 | $220,700 | $59,500 | $161,200 |
| 2019 | $6,159 | $202,800 | $59,500 | $143,300 |
| 2018 | $6,027 | $202,800 | $59,500 | $143,300 |
| 2017 | $5,897 | $202,800 | $59,500 | $143,300 |
| 2016 | $5,705 | $202,800 | $59,500 | $143,300 |
| 2015 | $5,599 | $202,800 | $59,500 | $143,300 |
| 2014 | $5,514 | $209,900 | $65,300 | $144,600 |
| 2013 | $5,383 | $211,000 | $65,300 | $145,700 |
Source: Public Records
Agents Affiliated with this Home
-
Alex DeFelice
Map
Source: PrimeMLS
MLS Number: 5030731
APN: LBAN-000092-000207
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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