1,392 SqFt
1,392 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
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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