273 Heater Road, Lebanon, NH, 03766
About This Home
Exceptional Investment Opportunity! Built in 2021, this turnkey duplex is a proven income-producing property in one of Lebanon's most desirable locations. Conveniently situated just off Exit 18, you're only minutes from Dartmouth Hitchcock Medical Center, downtown Lebanon, and local schools. The property features two thoughtfully designed units with separate utilities for each. One spacious unit offers 4 bedrooms and 2 bathrooms, while the second includes 2 bedrooms and 2 bathrooms, making it ideal for a variety of rental opportunities. A two-car garage adds additional value and convenience. Offered fully furnished, this property is ready to continue generating income from day one. With an impressive $88,000 in gross rental income last year, it has an established track record as a successful investment. Whether you're looking to expand your portfolio or purchase a high-performing income property, this is an opportunity you won't want to miss. Schedule your showing today before this exceptional investment slips away!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Concrete
- Roof: Asphalt Shingle
- Construction materials: Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Vinyl Plank
- Finished area below ground: 0
- Finished area above ground: 2,568
Heating & Cooling
- Heating features: Propane,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 2,568
- Total interior livable area: 2,568 sqft
Property
Details
- Parcel number: LBANM50B1L
- Zoning description: R1
Features
- Levels: Two
- Frontage length: Road frontage: 100
Lot
- Lot size: 7,405 sqft
- Features: City Lot,Sidewalks,Near Paths,Near School(s)
Parking
- Total spaces: 3
- Parking features: Paved,Parking Spaces 3
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Winter Weather
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across New Hampshire Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,031 | $60,372 |
| Home Insurance | $263 | $3,156 |
| Property Taxes | $1,260 | $15,120 |
| Electricity | $376 | $4,512 |
| Total | $6,930 | $83,160 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-08 | Price change | $945,000 |
| 2026-07-20 | Listed for sale | $995,000 |
| 2023-09-13 | Sold | $772,000 |
| 2023-09-05 | Contingent | $749,000 |
| 2023-08-01 | Listed for sale | $749,000 |
| 2022-02-13 | Listing removed | -- |
| 2022-01-13 | Listed for rent | $4,500 |
| 2017-02-16 | Sold | $41,000 |
| 2017-01-27 | Pending sale | $40,000 |
| 2017-01-24 | Listed for sale | $40,000 |
| 2016-03-31 | Listing removed | $34,900 |
| 2016-03-07 | Pending sale | $34,900 |
| 2016-02-19 | Listed for sale | $34,900 |
| 2016-02-05 | Sold | $28,236 |
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