711 CHESTNUT ST, Lebanon, PA 17042
- 2,360 sqft
Multi-Family Home
Built in 1920
3,049sqft lot
—— car garage
$64/sqft
Listed 3 days ago
Property Description
AUCTION PROPERTY. Auction date is Saturday, October 25th @ 2PM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 90 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: "2½ Story Brick 3 Unit Investment Dwelling" Apt. #1: 1030 SF w/ 2 bedrooms. Apt. #2: 800 SF w/2 bedrooms. Apt. #3: 530 SF w/1 bedroom. Each unit has a kitchen w/appliances, bath, living room, full basement, gas HW heat, separate furnace electric, cable & laundry hookup in lower level. Historic area of the city. Walking distance to farmers market & Harding Elementary School. Easy rental units w/modest rents. Current gross income: $26,575/year. Projected 2025 gross income: $30,900/year. Zoned RHD. NOTE: After 20 years, owners downsizing & serious to sell. Low maintenance rental/investment 3 unit w/low taxes. Solid return on investment property in convenient location. PROPERTY CAN ONLY BE SHOWN DURING OPEN HOUSES. OPEN HOUSE DATES: October 4, 11 & 18 from 1 to 4PM.
- Listing Status:
- Active
- Listing Office:
- Kingsway Realty - Ephrata : 7177334777
- Listing Agent:
- Randal V Kline : 7177331006
- MLS ID:
- PALN2023132

- General: Above GradeBelow Grade
- Style: Colonial
- Roofing: ShingleMetal
- General: BrickVinyl SidingStone
- Originating MLS: BRIGHT_MAIN
- School District: LEBANON
- County: LEBANON-PA
- Zoning: RES. HIGH DENSITY01-2338389-368858-0000
- Water: Public
- Sewer: Public Sewer
- Source: BRIGHT_MAIN
This listing courtesy of Randal V Kline, Kingsway Realty - Ephrata
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Harding Elementary School
622 Chestnut St, Lebanon, PA, 17042
Grades KG-5
0.09 miles away
Lebanon Middle School
350 N 8th St, Lebanon, PA, 17046
Grades 6-8
0.42 miles away
Lebanon High School
1000 S 8th St, Lebanon, PA, 17042
Grades 9-12
0.82 miles away