Updated Fully Leased
26 Parkhurst Street Lebanon, NH 03766
For Sale
$625,000
Three-unit multifamily with private entrances and in-unit washer/dryer, fully leased and recently updated.
Property Size3,292 SF
Price / SF$189.85
Days on Market454
Property Features for 26 Parkhurst Street
General Information
- Standard status
- Active
- Size
- 3,292 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1860
Listing Agency:
Coldwell Banker LIFESTYLES - Grantham
(603) 617-4440
Listed By:
DeeAnn Shepherd
(603) 617-4440
Source:
Compass
Added: Apr 27, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker LIFESTYLES - Grantham
Investment Insights
Based on property information with market context.
This recently updated triplex is fully leased and structured for independent living across its three units. Each unit features its own private entrance and includes utilities, in-unit washer/dryer, and Propane Rinnai heaters. The building is described as a 6-bedroom, 4-bath configuration, with a private fenced-in back yard for outdoor space.
The property includes a 6-car driveway and a 3-car garage with storage overhead. Located at 26 Parkhurst Street in Lebanon, NH, it sits close to everyday destinations including restaurants, the Post Office, a park, banks, a fitness center, the Lebanon Opera House, and a cookie bakery.
For showings, 48 hours’ notice is required. Tenants have approved a showing schedule for Saturdays after 12:00 and Monday, Tuesday, Wednesday, Thursday, and Friday after 5:00. Please do not walk about the property without prior permission.
The property includes a 6-car driveway and a 3-car garage with storage overhead. Located at 26 Parkhurst Street in Lebanon, NH, it sits close to everyday destinations including restaurants, the Post Office, a park, banks, a fitness center, the Lebanon Opera House, and a cookie bakery.
For showings, 48 hours’ notice is required. Tenants have approved a showing schedule for Saturdays after 12:00 and Monday, Tuesday, Wednesday, Thursday, and Friday after 5:00. Please do not walk about the property without prior permission.
Key Highlights
- Three‑unit multifamily building with separate private entrances for each unit
- Recently updated and fully leased; 48 hours notice required for showings
- Each unit includes in‑unit washer/dryer and its own propane Rinai heaters
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.4k | $15.00 |
| − Vacancy | −$2.7k | −$0.83 |
| EGI | $46.7k | $14.17 |
| − OpEx | −$14.0k | −$4.25 |
| NOI | $32.7k | $9.92 |
3,292 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$466.6K
$408.3K – $544.4K
NOI $32,665 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$427.6K
$374.1K – $498.8K
NOI $29,929 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$724.1K
$633.6K – $844.8K
NOI $50,690 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit multifamily with private entrances and in-unit washer/dryer, fully leased and recently updated.
Where is this triplex located?
The property is located at 26 Parkhurst Street Lebanon, NH.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit multifamily building with separate private entrances for each unit; Recently updated and fully leased; 48 hours notice required for showings; Each unit includes in‑unit washer/dryer and its own propane Rinai heaters
