Single Family Residence at 42 Mechanic Street, Lebanon
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$229,000

42 Mechanic Street
Lebanon, NH 03766
Listed by Beth Decato · Keller Williams Realty-Metropolitan
Bedrooms
3
Bathrooms
1.5
Living area
N/A
Year built
1860

About this home

Investor Special! Restore the charm of this circa-1860 New England home filled with character and endless potential. Featuring a spacious farmers eat-in kitchen, traditional cold room currently serving as the laundry area, classic double parlor with adjoining study, hardwood floors, much of the home's original architectural character, and the original staircase leading to the second floor. A brand-new boiler provides a valuable mechanical update. Connected to public water and public sewer, the property also includes a detached garage and inviting farmer's porch. The roof requires replacement, offering the next owner to the opportunity to complete needed improvements while restoring this historic home. Whether you're an investor, contractor, or restoration enthusiast, this is an exceptional opportunity to build equity while bringing a historic home back to life. Conveniently located near downtown Lebanon, Dartmouth Health, Dartmouth College, shopping, dining, and I-89. Property is being sold As Is.

Property details

MLS
Prime MLS
MLS #
5103249
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
8
On market date
N/A
Stories
N/A
Total bathrooms
1.5
Garage spaces
1
Parking spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Hanover Street School
0.91 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
314
Student:teacher ratio
9.2:1
District
Lebanon School District
Middle
Lebanon Middle School
1.4 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
464
Student:teacher ratio
9.5:1
District
Lebanon School District
HighCharter
Ledyard Charter School
0.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
44
Student:teacher ratio
11.0:1
District
Ledyard Charter Academy

Walkability

Blended score for Lebanon's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

73
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes18
Grocery stores2
Parks9
Schools7
Transit stops16
Pharmacies1

Market position

How this listing compares to current activity in Lebanon, from live MLS data.

On the market 8 days -- 67 fewer days than Lebanon's current average of 75 days.
For reference, the median list price across 88 active listings in Lebanon right now is $422,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,529/mo
$45,800 down
$183,200 loan
Principal & interest$1,188
Property tax (est.)$191
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. 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. Data last updated 08/04/26.