$435,000

48 Mechanic St Lebanon, NH 03766

2,706 sqft
0.2 acres
$161 / sqft
Land

Property details

About 48 Mechanic St

Discover the possibilities of this two family home in the heart of Lebanon. This property features a spacious 3 bedroom 2 bath unit with large rooms and high ceilings, home office space and laundry and a cozy 2 bedroom 1 bath unit with loft space both with comfortable and functional layouts. Conveniently located near Lebanon Green with shopping, restaurants and access to the Northern Rail Trail and just steps away from public transportation. Currently both units are occupied, presenting a steady income stream and immediate cash flow. Updates include new propane heating system, hot water heaters and newer roof. Whether you're an experienced investor or someone looking to owner occupy, this property is brimming with potential. Showings deferred until group showings 3/1 and 3/2.

Highlights

Home typeOther
HeatingPropane, Hot Water, Radiant
StatusActive
Size2,706 sqft
BasementYes
Lot size0.22 Acres
Year built1870
ParkingAssigned, Driveway, Off Street
MLS #5030128

Summary

  • Basement: Yes
  • Flooring Type: Carpet, Tile, Vinyl, Wood
  • Parking: Assigned, Driveway, Off Street
  • Exterior: Porch - Covered
  • Heating: Propane, Hot Water, Radiant
  • Cooling: None
  • List Price: $435,000
  • Price/SqFt: $160
  • Annual Tax Amount: $7,636
  • Tax Year: 2023
  • Year Built: 1870
  • Stories: 2
  • Living Area: 2,706 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: 5030128
  • Office Name: Advisors Living
  • Office Phone: (508) 922-8104
  • Listing Agent: Heather Cunningham

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$435,000

48 Mechanic St

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Price information

Property sales

DateEventPrice
Nov 07, 2008
Home Sold
$97,000

Tax history

YearAssessmentProperty Tax
2023$314,500$7,636
2022$314,500$7,246
2021$208,200$5,617
2019$189,400$5,752

History based on county public records data.

Nearby schools

6

Hanover Street School

Public District KG-4

0.9 mi

193 Hanover St

4

Mt. Lebanon School

Public District PK-4

2.5 mi

5 White Ave

7

White River School

Public District PK-5

3.2 mi

102 Pine St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,777. Residents of Lebanon, NH typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
71%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
10%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
43%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • College FootballCollege Football
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • FordFord
  • KiaKia
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 48 Mechanic St

The listing price of 48 Mechanic St property is $435,000.

The property 48 Mechanic St is land located in Lebanon, New Hampshire, 03766.

Active Listing: 48 Mechanic St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 48 Mechanic St are: Hanover Street School (GreatSchools Rating 6/10), Mt. Lebanon School (GreatSchools Rating 4/10), White River School (GreatSchools Rating 7/10), Lebanon Middle School (GreatSchools Rating 5/10), Hartford Memorial Middle School (GreatSchools Rating 5/10), Frances C. Richmond School (GreatSchools Rating 8/10), Ledyard Charter School (GreatSchools Rating 1/10), Lebanon High School (GreatSchools Rating 8/10), Hartford High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $7,636 (source: MLS/based on county public records data).

The last sale was on November 7, 2008 for $97,000 (source: MLS/tax record).

The property 48 Mechanic St is 0.22 acres.

The property 48 Mechanic St is 2,706 SqFt (source: MLS/tax record).

The year of construction for 48 Mechanic St is 1870.

This home is located at 48 Mechanic St in Lebanon, NH and zip code 03766. This 2,706 square foot home, which was built in 1870, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $435,000.

While more than 3 listings in Lebanon, NH in March 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Lebanon, NH increased by 6.9% between February and March 2025.

From Rocket Homes Real Estate and based on county public records data.

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