About This Home
This 3-bedroom, 1-bathroom townhouse at 757 LOCUST Street in Lebanon, PA is listed for $155,000 ($111 per sqft). Built in 1930, the home offers 1,392 sqft of living space on a 0.03 acres lot.
Key Features
- Built in 1930
- 0.03 acre lot
- 2 stories
Property Details
Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer.
Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance.
The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to vacate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.
Monthly Cost Estimate
$829/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
757 LOCUST Street
Lebanon, PA 17042
WARD 1
Property Details
Construction
Parking
Heating
Questions & Answers
This 3-bedroom, 1-bathroom townhouse at 757 LOCUST Street is listed at $155,000 ($111/sqft). The estimated monthly payment is $829 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.03 acre lot, 2 stories.
This property is listed by Gerald C Gostomski and can be reached at 7176792569.
