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    1019 Lehman Street

    LEBANON, PA 17046
    • $135,000
    • STATUS: Pending
    • ON SITE: 28 days
    • ID#: PALN118778
    Pending
    UPDATED: 27 min ago
    $135,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,388
      SQFT
    • $57
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    Well maintained (2) 2 bedroom units, detached building in Lebanon City on nice wide street with newer gas furnaces, gas hot water heaters, and gas ranges. Tenants want to stay and pay on time, maintenance free exterior. Total Monthly Income is $1,320 with Unit 1 at $650 and Unit 2 at $670 per month. Annual Property Operating Data Sheet Shows around 8% Cap Rate with 80% Mortgage. Ability to expand on 3rd floor by finishing off the huge attic to add extra bedroom & bathroom on 3rd floor. This property is under-rented and has great upside.

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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 Teampete Realty Services, Inc. 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: 2021-05-15T08:53:25.553.
    www.teampete.com/homes/116182712
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    1019 Lehman Street LEBANON, PA 17046

    • Price: $135,000
    • Status: Pending
    • Updated: 27 min ago
    • ID#: PALN118778
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    2,388
    SQFT
    $57
    $/SQFT
    1900
    Built
    Neighborhood:
    Lebanon City (13201)
    County:
    Lebanon
    Area:
    Lebanon City (13201)
    School District:
    Lebanon
    Property Description
    Well maintained (2) 2 bedroom units, detached building in Lebanon City on nice wide street with newer gas furnaces, gas hot water heaters, and gas ranges. Tenants want to stay and pay on time, maintenance free exterior. Total Monthly Income is $1,320 with Unit 1 at $650 and Unit 2 at $670 per month. Annual Property Operating Data Sheet Shows around 8% Cap Rate with 80% Mortgage. Ability to expand on 3rd floor by finishing off the huge attic to add extra bedroom & bathroom on 3rd floor. This property is under-rented and has great upside.
    Exterior Features

    Architectural Style Traditional Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Patio And Porch Features Patio(S)Porch(Es) Pool No Pool Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2388 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Flooring VinylWood Heating 90% Forced Air Heating YN Yes Inclusions All Appliances Rooms Total 10 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

    Property Features

    Acceptable Financing CashFhaVaConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Existing Lease Type Yearly Gross Income 15840.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Lebanon City Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 304560209593 Owner Pays SewerWaterTrash CollectionTaxes - Real EstateInsurance Ownership Interest Fee Simple Possession Settlement Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1636.00 Tax Assessment Amount 56100.00 Total Actual Rent 15840.00 Vacation Rental YN No Water Source Public Zoning Multi-Family

    Listing courtesy of Shepherd Real Estate Llc.


    ©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 Teampete Realty Services, Inc. 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: 2021-05-15T08:53:25.553.
     
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