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Off market
  • $386,200

    194 Mechanic St, Lebanon, NH 03766

    4beds
    0baths
    1,635sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $386,200 Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Delayed showing until 2/24/22, 48 hours notice both units are rented, $1,800 and $2,000 a month, good income. Video tour see unbranded video in MLS. Furnished upstairs apartment has rented for $2,000 a month recently current rent is $1,000 with one empty bedroom. Downstairs unit was been occupied by the same tenant since 2016, needed renovation, but seller found a new tenant who moved in July 1, 2021 no work was done to the unit. Currently paying $1,800 a month pays heat about 850 gallons a year and electric, lease until July 1, 2022. Property was surveyed and was subdivided in 2004 approved by the town, owner decided to keep as one lot for tax purposes, survey is no longer approved by current zoning. The property backs up to the rail trail. Electrical box is fuses for downstairs and circuit breakers upstairs. Most insurance company's will require the fuse box be replaced with circuit breakers before they will insure. Downstairs apartment rent is $1,800 a month, with renovations a 3 bedroom apartment could easily rent for more with half a garage.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Oil
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,635 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    Lot
    • Size: 1.36 Acres
    Details
    • Parcel number: LBANM105B11L

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Lebanon
    Services availability
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