Strong Cash Flow! Profitable investment opportunity! This fully leased 3 unit multifamily property located on a .20 +/- acre in town lot 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 pay for your housing. A Low maintenance property with an excellent rental history. Walk to all that the heart of downtown Lebanon, NH. has to offer! Restaurants, Shopping, Lebanon Opera House, CCBA, public transportation and more. Easy access to I 89 & Dartmouth College Highway, Dartmouth Hitchcock Medical Center, Dartmouth College and Lebanon Municipal Airport. A great property to add to your real estate portfolio.

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Tax Information

Tax Year2024

Building

Year Built1890
Building ConstructionVinyl Siding
StyleMulti-Family
Units3
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location1
Unit 3 Bath1
Unit 3 Bedrooms2
Unit 3 Floor Location2
# of 1 Bedrooms1
# of 2 Bedrooms1
# of 3+ Bedrooms1
Bathroom3
Total Baths3
BasementBulkhead, Concrete Floor
FoundationBlock

Basic Information

StatusACT
List Price$519,000
Date Price Change03/01/2025
MLS Number5030732
MLS StatusActive

Property

Acreage0.2
GarageNo
Parking Spaces
Lot DescriptionCity Lot, Level, In Town
Square Feet1,872
APX Fin AG Sqft1,872
RoadsPaved, Public Maintained Road
AreaNH-Grafton

Amenities

Exterior AmenitiesDeck
PricePerSqFt277.24

Water Body

Water Body TypeRiver
Water Body NameMascoma River
Water ViewYes

Location

TownLebanon
StateNH
Zip03766
CountyGrafton
ZoningR2 Neighborhood R6
Junior HighLebanon Middle School
High SchoolLebanon High School
Address43 Water Street
Flood Zone Y/NYes

Interior

FloorsCarpet, Wood

Exterior

RoofShingle, Standing Seam

Utilities

Heat SystemBaseboard, Gas Heater - Vented
WaterPublic
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable - Available, Gas - LP/Bottle

Other

Taxes$6,483
Seasonal Y/NNo
Operating Expenses16818
Date Listed03/02/2025
Unit 1 Deposit$1,625
Unit 2 Rent Amount$1,575
Unit 3 Rent Amount$1,310
View Count4

School Name	Distance	Type	Grades

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. Data last updated March 27, 2025 3:52 AM EDT

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43 Water StreetLebanon, NH 03766MLS Number 5030732

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