352 N 7TH ST Pending Save Request In-Person Tour Request Virtual Tour
Lebanon,PA 17046
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 1,648 sqft
Price per Sqft $133
Subdivision None Available
MLS Listing ID PALN2023058
Style Other
Bedrooms 3
Full Baths 2
Year Built 1900
Available Date 2025-09-29
Annual Tax Amount $1,696
Tax Year 2025
Lot Size 3,920 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Ready to go 2-unit apartment building plus garage. This property has long term tenants in place with an annual income of $26,100 with room for improvement. Expenses are minimal since tenant pays for their own heat. Insurance $1,100, water/sewer $720 yearly, trash $680 yearly. This unit cash flows at a 9.3% cap rate with a debt coverage at 1.39% with typical 25% down.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 2.0
Water Access N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lebanon
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard