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Listed by: RE/MAX Upper Valley • Gerry Stark

Bought with: RE/MAX Upper Valley

$1,050,000

127 Hanover Street, Lebanon, NH 03766

--beds

--baths

4,607sqft

Multi Family

Built in 1900

-- sqft lot

$1,077,200 Zestimate^®

$228/sqft

$2,510 Estimated rent

Home value

$1,077,200

$948,000 - $1.23M

$2,510/mo

Zestimate^® history

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$2,510/mo

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$5,839/mo

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$5,839/mo

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What's special

Nice kitchensNewer bathroomsNewer windowsMetal roof

7 unit apartment building with long term tenants in place. Most leases have been renewed, rents shown are new rents. Current Owners have maintained this building extremely well. Majority of the heating systems are up to date, metal roof, vinyl siding, newer bathrooms, nice kitchens. newer windows. Potential to rent out storage space in the large garage in the back for extra income. Lots of tenant parking in the rear of the property. Heat is included in 6 of the units, however, each unit has a separate meter. Lots of hidden potential to increase profitability of this property. Walking distance on sidewalks to the bus route make this an easy property to rent. 5 one bedroom units 2 two bedroom units, some are oversized. Rents shown are for renewed leases starting on 6/1/25 see income statement.

Facts & features

Interior

Bedrooms & bathrooms

Full bathrooms: 7

Heating

Propane

Cooling

None

Appliances

Included: Gas Water Heater, Owned Water Heater, Separate Water Heater

Features

Flooring: Vinyl, Wood
Basement: Concrete,Walk-Out Access

Interior area

Total structure area: 4,727
Total interior livable area: 4,607 sqft
Finished area above ground: 3,665
Finished area below ground: 942

Property

Parking

Total spaces: 4
Parking features: Gravel, Paved, Off Street
Garage spaces: 4

Features

Levels: 2.5

Lot

Size: 0.95 Acres
Features: City Lot, Sidewalks, In Town

Details

Zoning description: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame
Foundation: Concrete, Stone
Roof: Metal

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable

Community & HOA

Location

Region: Lebanon

Financial & listing details

Price per square foot: $228/sqft
Tax assessed value: $478,100
Annual tax amount: $12,564
Date on market: 4/17/2025
Road surface type: Paved

Price history

Date	Event	Price
10/24/2025	Sold	$1,050,000-18.9%$228/sqft
Source: PrimeMLS #5036701 Report a problem
8/8/2025	Contingent	$1,295,000$281/sqft
Source: PrimeMLS #5036701 Report a problem
4/17/2025	Listed for sale	$1,295,000$281/sqft
Source: PrimeMLS #5036701 Report a problem