525 N 8th St, Lebanon, PA 17046

$400,000
2,700
SqFt

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Sold Price
$400,000
List Price
$419,900
Closing Date
Jun 26, 2026
Status
CLOSED
MLS#
PALN2025416
Living Area
2,700
Lot Size (Acres)
0.13
Style
Traditional
Year Built
1940
County
Lebanon
School District
Lebanon

Property Description

Great Investment Opportunity – 4 Unit Property! 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

Additional Information

Area
Lebanon City (13201)
School District
Lebanon
Middle School
Lebanon
High School
Lebanon
Heating
Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Suburban Realty. Contact:

Selling Office: Coldwell Banker Realty.