Description
**Seller is open to considering up to 20% seller financing** Welcome to a remarkable investment opportunity at 611-613 N 9th St in Lebanon, PA. This unique property offers 6 units comprising (2) single bedroom units, (2) 2 bedroom units, and (2) 3 bedroom units. Built in 1940, this property spans a generous 6,000 square feet presenting plenty of room for residents.Set in a prime location with easy access to major routes 422 and 76, your tenants will enjoy effortless commutes to nearby Lancaster, Harrisburg, Hershey, and Ephrata. Generating $65,700 in gross rents annually when fully occupied, there’s substantial potential to increase your ROI with strategic enhancements or adjustments.This property not only offers a stable income but also the allure of being situated within close proximity to key Pennsylvania locales, making it a highly appealing prospect for seasoned investors looking to expand their portfolio. Offering both growth potential and excellent accessibility, this opportunity should not be overlooked.
Details
| MLS # | PALN2020976 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1940 |
| Days On Site | 19 |
| Listing Provided By | EXP Realty, LLC | Nathaniel Martin Barshinger |
Features
| SQ Feet | 5,918 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | COMMERCIAL, 201 APT |
| Acreage | 0.14 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Fireplace Yes / No | No |
Exterior
| Construction Materials | Vinyl Siding |
|---|---|
| Foundation Details | Permanent |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 8449 |
Market Activity 17046
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | LEBANON PA |
| City | LEBANON |
| Zip Code | 17046 |
| Area | Lebanon City (13201) |
| School District | LEBANON |
| Elementary School | NORTHWEST |
| Middle School | LEBANON |
| High School | LEBANON |
| Listing VS Median (in 17046) | |
Price: $649,900 low | high Med: $350,000 SqFt: 5,918 low | high Med: 1,506 $ / SqFt: $110 low | high Med: $232 On site: 19 low | high Med: 96.000000 | |
