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1 Lehman Street
Lebanon, Pennsylvania PA 17046-3869
Sold For: $220,000
Listing ID: PALN2009452
Price/SqFt: $84.09
Status: CLOSED
Sold Date: 6/15/2023
SqFt: 2,438 Sq Ft
Acres: 0.230 Acres
Year Built: 1960

Investor Alert! Large two-unit located on corner lot with 5 garage rentals. Each unit is a 2-bedroom with over 1200 sq ft. First floor unit consists of 2-bedrooms, eat in kitchen, living room, full bath, large pantry and oversized laundry area. Second floor unit consists of 2-bedrooms, living room, large kitchen, separate dining area, full bath, and spacious laundry area. Second floor unit also has access to a huge attic for extra storage, etc. You could also easily revert these two units back into a single home of over 2400 sq ft.! The five garage units in the rear of the property with alley access are all rented separately for additional income. New water heaters installed 2 years ago. Come see the possibilities for yourself! Schedule your showing today! Showings to begin 4/26.

Primary Features

County: Lebanon
Price/SqFt: 84.09
Property Sub Type: Detached
Property Type: Multi Family
Year Built: 1960


Central Air: no
Cooling Type: Window Unit(s)
Heating: yes
Heating Type: Baseboard - Electric
Living Area SqFt Source: Assessor
Total Below Grade SqFt Source: Assessor
Total SqFt: 2438
Total SqFt Source: Assessor


Architectural Style: Traditional
Building Units Total: 2
Construction Materials: Aluminum Siding
Cooling Fuel: Electric
Foundation Details: Stone
Garage: yes
Garage Features: Other
Garage Spaces Count: 5
Heating Fuel: Electric
Hot Water: Electric
Lot Size Source: Assessor
Lot Size Units: Square Feet
New Construction: no
Number of Detached Garage Spaces: 5
Other Structures: Above Grade, Below Grade
Pool: No Pool
Roof: Shingle, Rubber
Sewer Septic: Public Sewer
Tidal Water: no
Total Garage and Parking Spaces: 7
Type of Parking: Detached Garage, Off Street
Water Access: no
Water Oriented: no
Water Source: Public
Water View: no


Country: US
MLS Area: Lebanon City (13201)
Municipality: LEBANON CITY
School District Name: LEBANON
School District Source: Listing Agent
Waterfront: no


Accessibility Features: None
Base Off Market Date: 2023-06-16T00:00:00+00:00
Days on Market: 6
Land Use Code: 105
Property Sub Type: Duplex
Year Assessed: 2022
Year Built Source: Assessor


Acceptable Financing: Cash, Conventional
Automatically Update Tax Values: yes
Buyer Financing: FHA, Cash
Existing Lease Type: Long Term, Month to Month
Gross Income: 20700
Gross Scheduled Income: 20700
Income Includes: Apartment Rentals, Other
Net Operating Income: 13318
Operating Expense: 7382
Operating Expense Includes: Insurance, Trash
Ownership Interest: Fee Simple
Possession: Settlement
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 4416
Tax Assessed Value: 143900
Tax Total Finished SqFt: 2438
Tax Year: 2022
Total Actual Rent: 20700
Vacation Rental: no

Zoning Info

Area Info

Listing courtesy of Howard Hanna Krall Real Estate (717) 273-1631

© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Howard Hanna Krall Real Estate. Data last updated on Saturday, September 23rd, 2023 08:34:13 AM.

Contact - Listing ID PALN2009452

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Jennifer L. King

1290 Broadcasting Rd.
Wyomissing, PA 17601
Phone: 717-723-9080
Main Office 717-509-2880 x3346

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