901 LAUREL ST Coming Soon

Lebanon,PA 17046

$ 610000

- Bed

- Bath

1392 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,392 sqft

Price per Sqft $438

Subdivision Sandhill

MLS Listing ID PALN2017616

Style Cape Cod,Side-by-Side

Abv Grd Liv Area 1,392

Originating Board BRIGHT

Year Built 1953

Annual Tax Amount $6,148

Tax Year 2024

Lot Size 1.530 Acres

Acres 1.53

Lot Dimensions 0.00 x 0.00

Property Description

CALLING ALL INVESTORS!
This multi-unit investment property located at 901 Laurel Street in Lebanon, PA, presents an excellent opportunity for savvy investors looking to expand their portfolio. The property is situated in a desirable neighborhood in the Cornwall-Lebanon School District, offering convenient access to local amenities, schools, public transportation, and major roadways.
Key Features:
Property Type: Multi-unit Residential
Lot Size: 1.53 Acres
Units: 1 single family home (Currently 4 bedrooms), 2 1-bedroom apartments and 2 garages
Current Rent Roll: $2,300 for single family home + $1,100 for each apartment + $300 for each garage
Fully Leased: Currently fully-leased - 1 garage is rented by seller and will be cleared when sold
Parking: Off-street
Year Built: Single Family Built in 1953; 2 Unit Building in 1978
Investment Highlights:
Strong rental demand in the area with consistent occupancy.
Property is in good condition with numerous upgrades.
Close proximity to downtown Lebanon and major employment centers.
Upside potential for increased rents and value appreciation.
See attached documents

**OPEN SHOWINGS:**
Friday, 11/22 from 4-6 PM and Sunday, 11/24 from 1-4 PM
Buyers to register with Listing Agent or call their buyer agent

Don't miss out on this prime investment opportunity in the Cornwall-Lebanon School District!

Location

State PA

County Lebanon

Area North Lebanon Twp (13227)

Zoning R2

Rooms

Basement Other

Interior

Hot Water Oil,Electric

Heating Hot Water,Forced Air

Cooling Ductless/Mini-Split

Fireplaces Number 1

Inclusions Single Family Home: Microwave, 3 storage sheds, oven and refrigerator, ceiling fan and remaining smoke/carbon monoxide detectors 2 Unit Apartments + Garages: Garage door openers, refrigerators, and stoves

Equipment Dryer,Oven/Range - Electric,Refrigerator

Fireplace Y

Appliance Dryer,Oven/Range - Electric,Refrigerator

Heat Source Oil,Electric

Exterior

Exterior Feature Porch(es)

Garage Garage - Front Entry,Garage Door Opener,Oversized

Garage Spaces 6.0

Waterfront N

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Porch Porch(es)

Road Frontage Public

Parking Type Detached Garage,Driveway

Total Parking Spaces 6

Garage Y

Building

Lot Description Backs to Trees,Additional Lot(s)

Foundation Block

Sewer Public Sewer

Water Well

Architectural Style Cape Cod,Side-by-Side

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Cornwall-Lebanon

Others

Tax ID 27-2336702-375434-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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