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$980,000
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Property Description
Well-maintained and thoughtfully updated, this fully leased 6-unit multifamily property offers a rare opportunity to own in highly desirable downtown Lebanon. With strong rental history and stable occupancy, this turnkey investment provides immediate income in an unbeatable location. The building features five one-bedroom units and one two-bedroom unit, offering an appealing mix for a broad tenant base. Units have been well cared for, and the property reflects consistent upkeep and ongoing improvements. A two-car garage adds additional value and convenience. Ideally situated within walking distance to Hanover Street School, Lebanon High School, public transportation, and Colburn Park, the location is a major draw for tenants. Just minutes to Dartmouth-Hitchcock Medical Center and Dartmouth College, the property benefits from steady demand driven by the area's largest employers and institutions. Downtown amenities, shops, restaurants, and community events are right outside the door, making this a highly attractive and walkable setting. A rare chance to acquire a fully occupied, income-producing asset in one of the Upper Valley's most sought-after rental markets.
Full Property Details
Full Property Details for 147 Hanover St
General
- Sold For: $980,000
- Taxes: $13,275 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5076450
- Added to Site: 152 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Annual, Unit4=Annual, Unit5=Annual, Unit6=Annual,
Interior
- Flooring: Carpet, Hardwood, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- 3/4 Bathrooms: 3
Exterior
- Color: white
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Grafton
- Condo Project Name: Monthly
- Driving Directions: 2nd to last house on the right before walking bridge.
School Information
- School District: Lebanon Sch District SAU #88
- Elementary School: Hanover Street School
- Middle School: Lebanon Middle School
- High School: Lebanon High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane, Oil, Baseboard, Forced Air, Boiler
- Furnaces: 4
- Water Heaters: 4
Utilities
- Sewer: Public
- Trash: Dumpster
- Separate Meters: Varies
- # Gas Meters: 3
- # Electric Meters: 6
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Bulkhead, Concrete, Crawlspace, Dirt, No Tenant Access, Interior Access
- Roof: Standing Seam
- Stories/Levels: 2
- Finished Total: 3,992 Sq. Ft.
- Finished Above Grnd: 3,992 Sq. Ft.
- Year Built: 1890
Unit Information
- 1 Bedroom Units: 5
- 2 Bedroom Units: 1
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Unit 1
- Level: 1 & 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Level: 1 & 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Bedrooms: 1
Unit 6
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,087
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: R3
Financial Considerations
- Price Per Sq. Ft.: $300.6
- Tax Amount: $13,275
- Tax Year: 2025
Disclosures and Reports
- Block: 118
Listed by Mint Real Estate Group, Megan Moseley
Sold by Three Hills REal Estate Service, Alexa S. Dealy
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Schools
Schools serving 147 Hanover St
School District:Lebanon School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 147 Hanover St
Date
Details
Price
Change
Source
5/27/2026
Sold
$980,000
-18.33%
MLS
2/12/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
147 Hanover Street, Lebanon, NH 03766 (MLS# 5076450) is a Multi-Family property that was sold at $980,000 on May 27, 2026. Want to learn more about 147 Hanover Street? Do you have questions about finding other Multi-Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

