Lebanon, PA 17042,25 S 4TH ST
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Lebanon, PA 17042,25 S 4TH ST
Lebanon, PA 17042,25 S 4TH ST
Lebanon, PA 17042,25 S 4TH ST
Lebanon, PA 17042,25 S 4TH ST

$197,000

Est. payment /mo

$197,000

Est.Price: ?

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25 S 4TH ST Lebanon, PA 17042

1,848 SqFt

SOLD DATE : 10/15/2024

Key Details

Sold Price $197,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,848 sqft

Price per Sqft $106

MLS Listing ID PALN2016626

Sold Date 10/15/24

Style Traditional

Abv Grd Liv Area 1,848

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $2,580

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Property Description

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!

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning RMD

Rooms

Basement Full, Interior Access, Outside Entrance, Unfinished

Interior

Hot Water Electric

Heating Baseboard - Electric, Forced Air

Cooling Window Unit(s)

Flooring Vinyl, Carpet

Equipment Washer, Dryer, Oven/Range - Electric, Refrigerator

Fireplace N

Appliance Washer, Dryer, Oven/Range - Electric, Refrigerator

Heat Source Electric, Oil

Exterior

Garage Spaces 1.0

Carport Spaces 1

Utilities Available Cable TV, Natural Gas Available

Water Access N

Roof Type Shingle

Accessibility 2+ Access Exits, 32\"+ wide Doors

Total Parking Spaces 1

Garage N

Building

Lot Description Rear Yard

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Dry Wall,Plaster Walls,Paneled Walls

New Construction N

Schools

School District Lebanon

Others

Tax ID 01-2339815-369168-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Vanessa D Marinkov • Bering Real Estate Co.
Bought with Christine Nolt • Kingsway Realty - Lancaster

Megan DiGennaro

Agent | License ID: 0225263911

+1(540) 621-5783

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