Price Reduced Listing
$495,000
 $2,657 est/mo Sourced by Back At You

16 Parkhurst Street,Lebanon, NH 03766

Lebanon, NH 03766

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Description

Excellent investment opportunity with potential for a third unit. This well-located two-family property sits just off the Lebanon Green and Colburn Park, with immediate access to downtown Lebanon's restaurants, shops, Lebanon Opera House, public library, farmers markets, and community events. The first-floor unit offers 3 bedrooms, 1 full bath, living room, kitchen, and laundry room, with the laundry room also providing additional storage. The second-floor apartment features 2 bedrooms, 1 full bath, living room, kitchen, and its own laundry room. An attached barn at the rear of the property is currently used for storage and offers potential for additional living space. Preliminary plans for a possible third unit are available for review, providing an opportunity to add value and future rental income, subject to approvals. Prime location, flexible layout, and expansion potential make this a compelling opportunity for an investor or owner-occupant looking to generate rental income in the heart of downtown Lebanon.

Details

MLS #5106772
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Status(10) Active - Active
Year1867
Days On Site26
Listing Provided ByColdwell Banker LIFESTYLES - Hanover | Joe Flanagan

Features

BasementY
Story(s)2
Units2
ZoningLD
Acreage0.24

Interior

Rooms Total0
CoolingNone
HeatingOil, Steam

Exterior

RoofAsphalt Shingle
Construction MaterialsClapboard Exterior
Foundation DetailsFieldstone
Lot FeaturesTrail/Near Trail, Walking Trails, In Town, Near Paths, Near Shopping, Near Public Transit, Near Hospital, Near School(s)

Parking

Garage Yes / NoYes

Utilities

UtilitiesCable Available
Electric100 Amp Service, Circuit Breakers
SewerPublic

Taxes

Tax Annual Amount10233
Tax Block61
Tax Lot0
Tax Year2025

Area Information

StateNH
CountyGrafton
CityLebanon
Zip Code03766
AreaNH Grafton
Listing VS Median (in 03766)
Price:
$495,000
low | high
Med:
$0
On site:
26
low | high
Med:
Sourced by Back At You

Market Activity 03766

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Learn More About This Property

StateNH
CountyGrafton
CityLebanon
Zip Code03766
AreaNH Grafton
Listing VS Median (in 03766)
Price:
$495,000
low | high
Med:
$0
On site:
26
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $371K - $618K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
9 Shaw Street Property Photo 1
$500,000
9 Shaw Street
Lebanon, NH 03766
18 Shaw Street Property Photo 1
$599,000
18 Shaw Street
Lebanon, NH 03766
Listing Updated: September 12, 2026 at 12:43:14 AM PDT
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