54 Lebanon Street, Hanover, NH

About 54 Lebanon Street

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.

Listing Map