525 N 8TH ST Lebanon, PA 17046
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $155
MLS Listing ID PALN2025416
Style Traditional
Abv Grd Liv Area 2,700
Year Built 1940
Annual Tax Amount $4,148
Tax Year 2025
Lot Size 5,663 Sqft
Acres 0.13
Property Sub-Type Detached
Source BRIGHT
Property Description
Well-maintained four-unit property featuring a solid all-brick three-unit building in the front plus a separate single-family unit in the rear.
The front triplex offers strong rental appeal with separate heat and hot water for each unit, with tenants responsible for their own utilities. The landlord currently covers water, sewer, and trash for the front building.
The rear unit is fully independent, with the tenant responsible for all utilities, making it an ideal setup for maximizing cash flow.
Two units are currently vacant and recently updated with fresh paint and new flooring, providing an excellent opportunity for an owner-occupant or investor to set market rents immediately.
Key Features:
• 4 total units (3 front, 1 rear)
• All-brick front building
• Separate utilities in front units (heat & hot water)
• Rear unit pays all utilities
• Two units recently refreshed
• Strong income potential
Don't miss this versatile property with multiple income streams and value-add potential!
gross income is 51000 with 7808 in yearly expenses 43192 Net income for a 10% cap rate see documents for more detailed numbers
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2700
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Lebanon
High Schools Lebanon
School District Lebanon
Others
Tax ID 05-2337573-372305-0000
Ownership Fee Simple
SqFt Source 2700
Special Listing Condition Standard
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