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302 N 5TH Street

LEBANON, PA 17046
  • $1,050,000
  • STATUS: Active
  • ON SITE: 313 days
  • ID#: PALN115910
UPDATED: 3 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: 2021-08-02T11:55:18.617.
www.amandakrallteam.com/homes/110280315
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302 N 5TH Street LEBANON, PA 17046

  • Price: $1,050,000
  • Status: Active
  • Updated: 3 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 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 Insurance Expense 1000.00 Lease Considered YN No Maintenance Expense 5382.00 Municipality Lebanon City 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: 2021-08-02T11:55:18.617.
 
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Iron Valley Real Estate
1958 Quentin Road
Lebanon PA, 17042