$150,000

711 CHESTNUT ST, Lebanon, PA 17042

  • 2,360 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $64/sqft
  • Property List Date Icon 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
  • Flooring: CarpetVinylWood
  • A/C: None
  • Heating: Hot WaterOil
  • Disability Feature: None
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harding Elementary School

622 Chestnut St, Lebanon, PA, 17042

Grades KG-5

0.09 miles away

L

Lebanon Middle School

350 N 8th St, Lebanon, PA, 17046

Grades 6-8

0.42 miles away

L

Lebanon High School

1000 S 8th St, Lebanon, PA, 17042

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.