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    302 N 5TH Street

    LEBANON, PA 17046
    • $1,050,000
    • STATUS: Active
    • ON SITE: 203 days
    • ID#: PALN115910
    UPDATED: 41 min ago
    $1,050,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Lebanon City (13201)
    Type:
    Commercial
    Built:
    1940
    County:
    Lebanon
    Area:
    Lebanon City (13201)

    School Information

    Middle School:
    Lebanon
    High School:
    Lebanon
    School District:
    Lebanon
    School Ratings & Info

    Description

    Rare Opportunity 14 units in Lebanon. 100% occupancy 75,000 plus net income annually. Room to increase some rents. 12 -1 bedroom units 1 efficiency 1- 2 bedroom. tenants pay Electric & Heat Owner pays Trash Water Sewer. Reasonable Taxes and Insurance. Must See buy this and live on Passive income. Great Investment.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-14T21:52:18.947.
    www.amandakrallteam.com/homes/110280315
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    302 N 5TH Street LEBANON, PA 17046

    • Price: $1,050,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: PALN115910
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1940
    Built
    Neighborhood:
    Lebanon City (13201)
    County:
    Lebanon
    Area:
    Lebanon City (13201)
    Middle School:
    Lebanon
    High School:
    Lebanon
    School District:
    Lebanon
    Property Description
    Rare Opportunity 14 units in Lebanon. 100% occupancy 75,000 plus net income annually. Room to increase some rents. 12 -1 bedroom units 1 efficiency 1- 2 bedroom. tenants pay Electric & Heat Owner pays Trash Water Sewer. Reasonable Taxes and Insurance. Must See buy this and live on Passive income. Great Investment.
    Exterior Features

    Construction Materials Stucco Garage YN No Location Type Suburban Lot Features ClearedCornerLevelOpenRear YardRoad FrontageZero Lot Line Parking Types On StreetOther Property Condition Very Good Riparian Rights YN No Road Responsibility City/County Road Surface Type Access - On GradeBlack TopPaved Roof Rubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 5600.00 Cooling None Heating Baseboard - Electric Heating YN Yes Net Square Feet 5400.00

    Property Features

    Accessibility Features 32"+ Wide Doors Annual Gross Expense 32438.00 Assessment Year 2021 Association Expense 0.00 Association YN No Building Name None Available Business Type Apartment Building Central Air YN No Cooling Fuel Electric Cross Street Scull Electric Average Monthly 35 Electric Expense 600.00 Electric Last12 Months 420.00 Elevators 0 Foundation Details Crawl SpaceSlab Gross Income 107640.00 Heating Fuel Electric Historic YN No Hot Water Natural Gas Incorporated City Name Lebanon City Insurance Expense 1000.00 Lease Considered YN No Maintenance Expense 5382.00 Navigable Water YN N Net Operating Income 75202.00 New Construction YN No Number Of Units Total 2 Operating Expense 32438.00 Operating Expense Includes InsuranceSewerTrashWaterOtherLandscapingManagement FeesRepair/MaintenanceSnow Removal Original MLSNumber 304309429848 Owner Pays Common Area MaintenanceGasInsuranceManagementSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days CdNegotiableSettlementSubject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 6416.00 Tax Assessment Amount 220000.00 Total Actual Rent 107640.00 Trash Expense 800.00 Vacation Rental YN No Water Source Public Year Built Effective 2014 Zoning 211 APT Zoning Description Apts Garden 3 Stry And Under

    Listing courtesy of Iron Valley Real Estate.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-14T21:52:18.947.
     
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    Iron Valley Real Estate
    1958 Quentin Road
    Lebanon PA, 17042