$490,000

37 Water St Lebanon, NH 03766

Estimated payment $3,166/month

Total Views 342
4 Beds
2 Baths
1,761 Sq Ft
$278 Price per Sq Ft

Highlights

  • Water Views
  • Ski Accessible
  • Wood Flooring
  • Hanover Street School Rated A-
  • Stream or River on Lot
  • Corner Lot

About This Home

37 Water Street- a well-maintained, thoughtfully renovated property set on a quiet corner lot with a stunning view of the Mascoma River. This charming duplex has exceptional access to everything Lebanon has to offer. Storrs Hill, the Lebanon Green, and numerous shops and restaurants are all within walking distance, making daily errands, recreation, and dining out incredibly convenient. Inside, you’ll find hardwood floors, granite countertops, and bright, inviting spaces. The current owner has meticulously cared for the home, including a complete renovation of the second-floor unit, giving it a fresh, modern feel while preserving the property’s character. A generously sized two-car garage provides ample storage, ideal for vehicles, outdoor gear, or a workshop. Whether you’re looking for an investment opportunity or the option to live in one unit while renting the other, this property offers outstanding value in one of Lebanon’s most desirable locations. Enjoy river views, walkability, and the ease of move-in ready living. Schedule a showing today to see this wonderful multifamily in person.

Listing Agent

Carter Auch

BHHS Verani Upper Valley Brokerage Phone: 603-443-0257 License #078320 Listed on: 11/17/2025

BHHS Verani Upper Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,761 Sq Ft Home
  • Property has 2 Levels
  • Water Views
  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Stream or River on Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • The river is a source of water for the property

Listing and Financial Details

  • Legal Lot and Block 100 / 87
  • Assessor Parcel Number 106

Community Details

Recreation

  • Ski Accessible

Additional Features

  • 2 Units
  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Directions: Use GPS.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1910
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Corner Lot, Level, River, Ski Area, Views, Near Paths, Near Skiing, Near Hospital
  • Road Frontage Type: Paved, Public Maintained Road
  • Attribution Contact: Cell: 603-443-0257
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 1761.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Type: River
  • Water_View: Yes
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Flooring: Hardwood, Laminate
  • Basement: Crawl Space, Dirt Floor, Interior Stairs
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Standing Seam
  • Water Body Name: Mascoma River
  • Construction Type: Wood Frame, Shingle Siding, Vinyl Siding
  • Foundation Details: Poured Concrete, Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Assigned, Driveway, Garage, Off Street

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Propane, Forced Air
  • Cooling: None
  • Utilities: Other
  • 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: R2
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7000.0
  • Tax Block: 87
  • Tax Lot: 100
  • Tax Map Number: 106

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

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 $7,001 $266,400 $62,000 $204,400
2023 $6,468 $266,400 $62,000 $204,400
2022 $6,297 $273,300 $68,900 $204,400
2021 $5,161 $191,300 $44,600 $146,700
2019 $5,379 $177,100 $50,200 $126,900
2018 $5,299 $178,300 $50,200 $128,100
2017 $5,185 $178,300 $50,200 $128,100
2016 $5,016 $178,300 $50,200 $128,100
2015 $4,923 $178,300 $50,200 $128,100
2014 $4,805 $182,900 $56,900 $126,000
2013 $4,997 $195,900 $56,900 $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $490,000 +118.8% $278 / Sq Ft
07/26/2019 07/26/19 Sold $224,000 -2.2% $164 / Sq Ft View Prior Sale
05/23/2019 05/23/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $229,000 0.0% $168 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $229,000 0.0% $168 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $229,000 -- $168 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $224,000 --
Warranty Deed $224,000 --
Deed $236,000 --
Deed $236,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,000 New Conventional
Previous Owner $153,750 Unknown
Previous Owner $161,000 Purchase Money Mortgage
Source: Public Records

Source: PrimeMLS

MLS Number: 5069829

PrimeMLS

APN: LBAN-000106-000087-000100