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417 N 7th Street, Lebanon, PA 17046
$225,000
417 N 7th Street, Lebanon, PA 17046View this property at 417 N 7th Street, Lebanon, PA 17046
417 N 7th StreetLebanonPA17046
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Property Description
Stunning 4 Unit investment property conveniently located in Lebanon City. 3 units are rent ready and have all been beautifully renovated with updated flooring/carpet, fresh paint, new bath/shower install, and the kitchens have been updated with a modern farmhouse feel. First unit is a one bedroom, one bath with projected rent of $795. Second unit is a two bedroom, one bath with a projected rent of $895. Third unit is a studio with bath and balcony and has a projected rent of $695. The 4th unit is a 2 bedroom, 1 bath, pending renovation. It's a detached unit that not only offers privacy but includes a 1 car garage and has a projected rental income of $850/mo. The backyard is well maintained and offers the perfect amount of space for private gatherings. Tenants are responsible for split electric and hot water. New Whirlpool hot water heaters installed. The potential cash flow for this investment property after expenses soars above $2,700 per month at a 15% CAP Rate! Don't miss out on this EASY PEASY CASH FLOWING opportunity!!!
Full Property Details
Full Property Details for 417 N 7th St
General
- Sold For: $225,000
- Taxes: $2,808 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: PALN2001124
- Added to Site: 984 day(s) ago
Parking
- Parking Type: Off Street
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: Lebanon
- Driving Directions: use GPS
School Information
- School District: Lebanon
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Federal
- Architectural Style: Federal
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Stories/Levels: 0
- Square Feet: 2,576
- Sq. Ft. Source: Assessor
- Living Area: 2,576 Sq. Ft.
- Finished Above Grnd: 2,576 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $83.42
- Assessment Year: 2021
- School Tax: $2,061
- City/TownTax: $435
- City/TownTax Freq: Annually
- County Tax: $312
- County Tax Freq: Annually
- Tax w/Assessment: $94,900
- Tax Amount: $2,808
- Tax Year: 2021
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2576
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed by Country Home Real Estate, Isaac Spearman
Sold by RE/MAX Cornerstone, Frank D. Tomecek, Jr.
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Schools
Schools serving 417 N 7th St
School District:Lebanon School District
Rating | Name | Grades | Distance |
---|---|---|---|
900 Maple St, Lebanon, PA 17046 | PK-5 | 0.3 mi | |
350 N 8th St, Lebanon, PA 17046 | 6-8 | 0.2 mi | |
1000 S 8th St, Lebanon, PA 17042 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 417 N 7th St
Date
Details
Price
Change
Source
9/15/2021
Sold
$225,000
4.7%
MLS
8/13/2021
Listed
$214,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
417 N 7th Street, Lebanon, PA 17046 (MLS# PALN2001124) is a Multi-Family property that was sold at $225,000 on September 15, 2021. Want to learn more about 417 N 7th Street? Do you have questions about finding other Multi-Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.