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!
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
What's special
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#: PALN2016626
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