194 Mechanic StreetLebanon, NH 03766Sale Price: $270,000

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.