Price Reduction
720 Lehman Street Lebanon, PA
$ 219,900
Property Attributes
  • MLS#PALN119184
  • TypeMulti-Family
  • CountyLEBANON
  • CityLebanon
  • AreaLebanon City
  • Zip17046
  • StyleTraditional
  • Year Built1900
  • Taxes$ 1944
  • Price$ 219,900
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
Shepherd Real Estate LLC
Data Source:
Bright MLS - 382 - MD
Property Description

5 Unit Building in Lebanon City, Great income at $3240 per month, Cap Rate is over 11%!, new hardwired alarm monitoring system throughout building (owner spent $14K) and security system, newer rubber roof installed on rear of property and owner just replaced front porch roof. Tenants pay on time, investment analysis available upon request.

Price History
5/10/2021 Listed $250,000
5/18/2021 5% - $239,900
7/26/2021 5% - $229,900
9/4/2021 5% - $219,900

General Features

Acceptable Financing Cash, Conventional, Bank Portfolio
Accessibility None
Architectural Style Traditional
Basement Full
Construction Materials Brick
Cool Fuel None
Cooling None
Days on Market 135
Electric 200+ Amp Service
Garage Y/N No
Heating Hot Water
MLS Area Lebanon City (13201)
Municipality LEBANON CITY
New Construction No
One Bedroom Units Count 5
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 114.89
Property SubType Other
Property Type Multi-Family
PropertyCondition Good
Roof Rubber, Slate
Sewer Public Sewer
Structure Type End of Row/Townhouse
Tax Annual Amount 1944.0
Tax Year 2021
Total Units 4
Trash Expense 360.00
Vacation Rental Y/N No
Water Access Y/N No

Interior Features

Basement Y/N Yes
Central Air Y/N No
Heating Fuel Oil
Heating Y/N Yes
Hot Water Natural Gas
Living Area 1914

Exterior Features

Inclusions All Appliances
Lot Size Acres 0.02
Lot Size Source Assessor
Lot Size Square Feet 871.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 17046

AVG $220K
AVG $1,944
AVG 51
Year Built
AVG 1900

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