Active

Listed by: BHHS Verani Upper Valley • Carter Auch

$750,000

54 Lebanon Street, Hanover, NH 03755

4beds

1,470sqft

$5,025/mo

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Single Family Residence

Built in 1917

5,663 Square Feet Lot

$-- Zestimate^®

$510/sqft

$-- HOA

What's special

A well-maintained four-bedroom, one-and-a-half-bath home close to downtown Hanover and Dartmouth College. Roughly 1,500 square feet, with hardwood floors throughout, large bedrooms, and generous living areas. Outside, a nice yard adds space rarely found this close to the center of town. Buy now and start collecting rental income immediately- a signed lease is in place through July 31, 2027, at $5,400 per month, with up to $6,000 in annual utility coverage for the tenant included. It's a turnkey investment for a buyer who wants stable cash flow with no lease-up period. 2025 Operating Costs: Oil: $1,980.73 Electric: $3,314.92 Insurance: $1,913.00 Lawn and driveway care: $840.00 Once the lease concludes, the property also transitions well to a primary residence — the large bedrooms, hardwood floors, and proximity to downtown Hanover and Dartmouth make it just as appealing for an owner-occupant as it is for an investor.

42 days
409
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Oil, Hot Air

Cooling

None

Appliances

Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Features

Dining Area
Flooring: Vinyl, Wood
Basement: Bulkhead,Gravel,Interior Stairs,Unfinished,Interior Entry

Interior area

Total structure area: 2,436
Total interior livable area: 1,470 sqft
Finished area above ground: 1,470
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Accessibility

Accessibility features: 1st Floor Bedroom, 1st Floor Full Bathroom

Features

Levels: Two
Stories: 2
Frontage length: Road frontage: 66

Lot

Size: 5,663 Square Feet
Features: Sidewalks, In Town

Details

Parcel number: HNOVM023B156L001
Zoning description: SR3

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape
Property subtype: Single Family Residence

Materials

Wood Frame, Aluminum Siding
Foundation: Brick, Fieldstone
Roof: Shingle

Condition

New construction: No
Year built: 1917

Utilities & green energy

Electric: 200+ Amp Service, Circuit Breakers
Sewer: Public Sewer
Utilities for property: Cable at Site

Community & HOA

Location

Region: Hanover

Financial & listing details

Price per square foot: $510/sqft
Tax assessed value: $529,300
Annual tax amount: $9,577
Date on market: 8/4/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/10/2026	Listed for sale	$750,000+114.9%$510/sqft
Source: PrimeMLS #5103344 Report a problem
1/2/2013	Listing removed	$349,000$237/sqft
Source: Lang McLaughry Spera Real Estate #4184365 Report a problem
9/8/2012	Listed for sale	$349,000$237/sqft
Source: Lang McLaughry Spera Real Estate #4184365 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$10,200 +3.9%	$529,300
2023	$9,813 +4.2%	$529,300
2022	$9,416 +13.2%	$529,300
2021	$8,318	$529,300 +28.6%
2020	$8,318 +1.4%	$411,600
2019	$8,203 +3.6%	$411,600
2018	$7,915 +12.3%	$411,600 +26.7%
2017	$7,047 +1.9%	$324,900
2016	$6,917 +2%	$324,900
2015	$6,784 +4.2%	$324,900
2014	$6,508 +4.1%	$324,900 -3.9%
2012	$6,251 +1.6%	$338,100
2011	$6,153 +49.6%	$338,100 +50.5%
2007	$4,112	$224,700