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$499,500   Price Analysis
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30 Spring St
Lebanon, NH 03766
7 bed 2 bath 2,659 SqFt ($187/SqFt)
0.35 acre lot. Built 1880
Listed 2024-06-22, Taxes $8,043
USDA Eligible
near Lebanon, NH
 Restrictions may apply
due to home size

It's a money maker!

Looking for a place to call home yet need some help with a mortgage? Looking to generate investment income to supplement your own? This 2 unit multifamily in the heart o f Lebanon, NH provides this and more given t's location. Each unit has 2 bedrooms with options for an additional bedroom on the 2nd floor and 2 additional bedrooms on the third floor. Divi them up in anyway you see fit between the units.

Private entrances for both units are possible. Private Laundry exits for each. The rooms are generous in size so not cramped living spaces will trouble you. Each unit also has access to covered parking which could fit 2 cars each if small and creative. Approximately 10 Minutes to Hanover, 7 to Dartmouth Hitchcock Medical Center and a stones throw to Lebanon City Center for arts, food and Drink, farmers markets, coffee and deli, the location is perfect for someone who values convenience


Presented by Leila Tarantelli at
KW Coastal and Lakes & Mountains Realty/Hanover.
Listing Agent Photo

Property MLS #5001901 from PrimeMLS

Bedrooms: 7

Water Heater Domestic

Total Ranges: 2
Total Refrigerators: 2

Cooling Features: Mini Split
Heating Features: Baseboard, Mini Split
Heating Fuel: Electric, Oil

Full Bathrooms: 2

Flooring: Carpet, Combination, Wood

Basement Description: Basement Description: Bulkhead, Partial, Stairs - Interior, Storage Space, Basement: Yes

Deck
Natural Shade
Porch - Covered
Porch - Enclosed
Frontage Length: 103
Road Frontage Type: Yes
Roads: Paved, Public

Driveway: Common/Shared, Paved
Garage Spaces: 3
Garage Features: Garage: Yes
Parking Features: Parking: On-Site

Lot Size Acres: 0.35
Lot Size Square Feet: 15246

Gross Income: 57600

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 1200
Unit 1 Total Actual Rent: 2400
Unit 2 Total Actual Rent: 2400

Annual Tax Amount: 8476
Source Listing Status: Active
County: NH-Grafton
Tax Year: 2024
Source Property Type: Multi-Family
Number of Separate Electric Meters: 1
Zoning: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$273,200 + $75,900
$349,100
$8,043
2021$200,000 + $53,400
$253,400
$6,837
2019$161,900 + $51,100
$213,000
$6,469
2018$161,900 + $51,100
$213,000
$6,330
2017$161,900 + $51,100
$213,000
$6,194
2016$165,200 + $51,100
$216,300
$6,085
2015$165,200 + $51,100
$216,300
$5,972
2014$167,600 + $57,900
$225,500
$5,924
2007$139,100 + $58,045
$197,145
$4,425

Listed 2024-06-22
$499,500
PrimeMLS
Sold 2022-06-23
$433,533
Public Record
Sold 2016-07-11
$256,267
Public Record
Sold 2007-06-19
$287,500
Public Record

Net Operating Income: 38113

Access: Yes

Total Square Feet Living: 2659
Year Built: 1880
Above Grade Finished Area: 2659
Below Grade Unfinished Area: 600
Construction Materials: Wood Siding
Direction Faces: North, South
Foundation Details: Stone
Property Age: 144
Property Condition: Existing
Roof: Shingle - Asphalt
Levels or Stories: 3
Total Area Sqft: 3259
Architectural Style: New Englander

Electric: Circuit Breaker(s)
Sewer: Public Sewer On-Site
Cable - At Site
Water Source: Public Water - On-Site

Lebanon Middle School is a public elementary and middle school located approximately 1 miles away.
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Lebanon High School is a public high school located approximately 1.1 miles away.
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Montessori Discovery School Of The Twin States is a private elementary school located approximately 3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.