834 Chestnut St, Lebanon, PA 17042

$475,000

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List Price
$475,000
Status
ACTIVE
MLS#
PALN2028942
Lot Size (Acres)
0.08
Year Built
1940
County
Lebanon
School District
Lebanon

Property Description

AUCTION DATE - MONDAY, OCTOBER 19, 2026 AT 1 PM. LISTED PRICE IS AN OPENING BID ONLY AND IS NOT INDICATIVE OF THE FINAL SALE PRICE. REAL ESTATE: 8 Unit Investment Property. 3 story brick apartment building w/9167 SF finished area. 1st floor unit commercial space w/retail space w/store front, office area & (1) lavatory. (2) units w/kitchen, living room, 3 bedrooms & 1 full bath. (3) units w/kitchen, living room, 2 bedrooms & 1 full bath. (2) units w/kitchen, living room, 1 bedroom & 1 full bath. Each unit has a stove, fridge, insulated windows & gas HW & electric baseboard heat. Historic area of the city. Walking distance to farmers market & Harding Elementary School. Easy rental units w/modest rents. Current gross income: $91,000/year. Zoned Central Business. NOTE: Property is clean & well maintained. Great opportunity as residence or investment. Low maintenance rental/investment 8 unit. Solid return on investment property in convenient location. Terms 10% down, balance 60 days or before. Personal inspection by appointment or open house Sat., October 10 & 17 from 1 to 4 PM.

Additional Information

Area
Lebanon City (13201)
School District
Lebanon
Heating
Electric Baseboard
Cooling
None
Roof
Metal, Rubber
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Kingsway Realty - Ephrata. Contact: