BEDS3
BATHS1 full
SQUARE FEET1,392
MLS#PALN2027660
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONWARD 1
SCHOOLLEBANON
Property Description
Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer. Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance. The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to vacate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.
Property Features
Property Type: Residential - Townhouse
Basement: Full
Basement: Yes
Cooling: None
Fuel Type: Oil
Heating: 90% Forced Air
Home Style: Side-by-Side, Straight Thru
Lot Size: 0.03 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $1,739
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Electric: 200+ Amp Service
Exterior: Vinyl Siding, Stick Built
Lot Dimensions: 0.03 Acre(S)
Municipality: LEBANON CITY
Pet Restrictions: Case by Case Basis
Sewer: Public Sewer
SQFT Above Finished: 1392
SQFT Total Finished: 1392
Structure Type: Interior Row/Townhouse
Water: Public
Local Schools
High School: LEBANON
Middle School: LEBANON
School District: LEBANON
Listed By / Shown By
Listed By
Agency Name: RE/MAX Pinnacle
Agency Phone: 7172708808
Shown By
Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550
Estimate Your Payment
Estimated Payment
$ 535.09 per month $344.96 Principal & Interest $144.92 Property Tax $45.21 Homeowner's Insurance
757 Locust Street | MLS# PALN2027660
This townhouse located at 757 Locust Street , Lebanon, PA 17042 is currently listed for sale with an asking price of $155,000. This property was built in 1930 and has 3 bedrooms and 1 full baths with 1392 sq. ft. Locust Street is located in the WARD 1 subdivision within the LEBANON school district. Search WARD 1 real estate on www.reexcelpros.com today.