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Sold for $197,000 on 10/15/24
  • $197,000

    25 S 4th St, Lebanon, PA 17042

    4beds
    --baths
    1,848sqft
    Townhouse
    Built in 1900
    -- sqft lot
    $231,700 Zestimate®
    $107/sqft
    $1,242 Estimated rent

    Owner options

    List your home for rent

    $1,242/mo

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    $1,242/mo

    Rent Zestimate®

    Refinance and save

    $1,221/mo

    Est. payment

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    $1,221/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: October 15, 2024 at 10:03am

    Listed by:

    Vanessa Marinkov 717-507-5025,

    Bering Real Estate Co.

    Bought with:

    Christine Nolt, RS332150

    Kingsway Realty - Lancaster

    Source: Bright MLS,MLS#: PALN2016626MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 812
    Heating
    • Baseboard, Forced Air, Electric, Oil
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Washer, Dryer, Oven/Range - Electric, Refrigerator, Electric Water Heater
    Features
    • 9'+ Ceilings, Dry Wall, Plaster Walls, Paneled Walls
    • Flooring: Vinyl, Carpet
    • Basement: Full,Interior Entry,Exterior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,660
    • Total interior livable area: 1,848 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt, Detached Carport, On Street
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits, Accessible Doors
    Features
    • Pool features: None
    Lot
    • Size: 1,742 sqft
    • Features: Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0123398153691680000
    • Zoning: RMD
    • Zoning description: Residential Medium Density
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1900
    • Major remodel year: 2021

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Available

    Community & neighborhood

    Location
    • Region: Lebanon
    • Municipality: LEBANON CITY

    HOA & financial

    Other financial information
    • Total actual rent: 25020

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Parking, Other
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple