352 N 7th St, Lebanon, PA 17046

$210,000
1,648
SqFt
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Sold Price
$210,000
List Price
$220,000
Closing Date
Jan 15, 2026
Status
CLOSED
MLS#
PALN2023052
Living Area
1,648
Lot Size (Acres)
0.09
Style
Other
Year Built
1900
County
Lebanon
School District
Lebanon
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Property Description

Ready to go 2-unit apartment building plus garage. This property has long term tenants in place with an annual income of $26,100 with room for improvement. Expenses are minimal since tenant pays for their own heat. Insurance $1,100, water/sewer $720 yearly, trash $680 yearly. This unit cash flows at a 9.3% cap rate with a debt coverage at 1.39% with typical 25% down.

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Additional Information

Area
Lebanon City (13201)
Subdivision
None Available
School District
Lebanon
Garage Spaces
2
Heating
Forced Air
Cooling
None
Water
Public
Sewer
Public Sewer
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Calculator source: Real Geeks

Listing courtesy of Manor West Realty. Contact:

Selling Office: Berkshire Hathaway HomeServices Homesale Realty.