Pending

25 S 4th St

Lebanon PA, 17042

$197,000


$106.60 per sqft

Pending

2 Beds

1,848 sqft

Multi-family

Built in 1900

YOU'RE LOOKING AT A GREAT INVESTMENT OPPORTUNITY!
Here's a tastefully updated duplex, with a strong rental history, in a great city location--just a two-block walk to WellSpan Good Samaritan Hospital and ancillary medical facilities; one block to bus service; walking distance to shopping, dining, banking, the local YMCA, Lebanon Community Library and so much more. Whether you're a seasoned investor, or you just starting your rental portfolio, this one offers great returns. Both units are currently rented month-to-month. The first-floor unit comes open for new tenancy on October 1st, so you may want to enjoy the perks of owner-occupancy--live in one unit, take the financial benefit of owner-occupied interest rates, and generate rental income from your second unit. That's the TRIFECTA!
All appliances convey, including the washer/dryer, located in the basement. The laundry can be accessed from an interior door in the first-floor apartment, or via the exterior Bilco-style door on the rear porch. The basement floor is concrete, walls are stone. Three electric services are in place. Two electric water heaters have been recently replaced. Rental units are equipped with electric baseboard heat, and tenant-paid electric. The oil-forced warm air system remains in place, with connection to the second floor. The first-floor unit could also be connected to the FWA system, at the new owner's discretion.
Currently, the first-floor tenant rents the rear paved parking area and carport. The second-floor apartment includes a rear balcony, an interior staircase, and exterior stairs to the rear lawn.
Ask your agent to provide the Current Income/Expense report. Showings commence on October 1st. ACT QUICKLY--This one is offered just in time to make your purchase within the current tax year!

PALN2016626

MLS ID

September 27, 2024

Listed

October 2, 2024

Updated

Map

25 S 4th St
Lebanon PA, 17042

Interior Features

Total Stories

3


Bedrooms

2


Interior Features

Carpet, Vinyl


Appliances

Dryer, Refrigerator, Electric Oven, Electric Range, Washer, Electric Water Heater


Floor Description

Carpet, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Forced Air, Baseboard, Electric, Oil

Exterior/Building Features

Lot Size

0.04 Acres


Architectual Style

Traditional


Roof

Shingle


Sewer

Public Sewer

School Information

School District

LEBANON

Other Property Details

Area Name

LEBANON CITY


Taxes

$2,580


Tax Frequency

Annually


Garage

No


Parking

Asphalt, On Street, Detached


Parking Total

1


View

No


County

LEBANON


Water Source

Public


Pool

No


Zoning

Residential Medium Density

Listing History

Date

Event

Price

9/28/2024

Pending

Listed by Bering Real Estate Co.
Listing Contact: 7175075025 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 7:24 AM UTC

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