42-46 S 8TH Street

Lebanon, PA 17042
  • $600,000
Sold - 03/31/2017
$600,000
SOLD - 03/31/2017
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,166
    SQFT
  • $28
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great business opportunity! With recent rent increases the annual gross income has increased over $10k. The Bell Building is located on the corner of S 8th & Chestnut Streets in downtown Lebanon and has 19 units (4) 1-Bedroom, (14) 2-Bedroom apartments, separate retail space and 12 private off-street parking spaces. 18 Units are currently occupied w/ 1 being renovated.Coin-operated laundry for tenant use.Add'l units-rent, terms and info available

© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
www.lancasterhome.com/homes/60264921

42-46 S 8TH Street Lebanon, PA 17042

  • Price: $649,900
  • Status: Closed
  • Updated: 30 min ago
  • MLS #: 247334
0
Beds
0
Baths
0
½ Baths
0.12
Acres
23,166
SQFT
$28
$/SQFT
Neighborhood:
Lebanon City Ward 1
County:
Lebanon
Area:
Lebanon
Elementary School:
Harding
Middle School:
Lebanon City
High School:
Lebanon City
Property Description
Great business opportunity! With recent rent increases the annual gross income has increased over $10k. The Bell Building is located on the corner of S 8th & Chestnut Streets in downtown Lebanon and has 19 units (4) 1-Bedroom, (14) 2-Bedroom apartments, separate retail space and 12 private off-street parking spaces. 18 Units are currently occupied w/ 1 being renovated.Coin-operated laundry for tenant use.Add'l units-rent, terms and info available
Exterior Features

Design Other - See Remarks Exterior Brick Lot Size Dimensions 148X34/200X33 Off Street Parking Spaces 12 Parking Off Street ParkingRented/Permit Prking Roof Rolled

Interior Features

1 Bedroom Units 4 2 Bedroom Units 15 3 Or More Bedroom Units 0.00 Basement ConcreteFull Cooling Central Air Efficiency Units 0 Heat Heat Pump Hot Water Electric Storage Other - See Remarks

Property Features

Amenities Cable TvPublic TransportntSeparate UtilitiesSmoke/Heat DetectorsStorage Annual County Tax 2500.65 Annual Expenses Electric 8020.39 Annual Expenses Insurance 6000.00 Annual Expenses Maintenance 1287.00 Annual Expenses Trash Removal 1283.00 Annual Expenses Water Sewer 7690.08 Annual Income Gross Income 131620.00 Annual Income Net Income 86139.24 Annual Income Operating Expenses 24280.47 Annual Income Total Taxes 21200.29 Annual Municipal Tax 3479.26 Annual School Tax 15220.38 Assessment 759500.00 Association No Bank Owned Or REO No Buyer Type Investment Documents Available Sellers Disclosure Electric Service Circuit BreakersOther - See Remarks Existing Or New Existing Income Source Apartment RentalsParking Mixed Use Yes Municipality Or Township Lebanon City Owner Paid SewerTrash RemovalWater Sewer Public Sewer Short Sale No Sq Ft From Public Record Yes Tenant Paid HeatHot WaterParkingUnit Electric Total Taxes 21200.29 Type Multiple Building Water Public Water Zoning Commercial Zoning Free Form Commercial

Listing provided courtesy of Berkshire Hathaway Homeservices Homesale Realty: (717) 273-3774. © 2017 Keystone MLS Network, Inc.
© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601