Description
225 N 8th Street,
Lebanon,
PA
17046
Turn-key 4-unit mixed-use brick building with commercial space located in a desirable area of Lebanon. Property features a first-floor restaurant leased for $1,500/month on a 5-year term with 5% annual increaseslease includes a clause allowing a new owner to modify or terminate. Residential units include one 2-bedroom apartment renting for $1,300/month and two 1-bedroom units renting for $1,100 and $1,000. A detached 1-car garage is currently rented for $150/month. Tenants pay electric (baseboard heat), and the restaurant has mini-split heating and cooling with a gas boiler backup. The building has updated plumbing and wiring within the last 2 years and is well-maintained with long-term tenants in place. Annual rental income is approximately $66,600 with fixed expenses of $9,275. Great investment opportunity in a strong and stable rental market.
This is an Active listing.
Broker Office Phone Number: 717-840-1355
Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Lime House via Data Source: Bright MLS
Maison multifamiliale
Type de propriété
1945
Année de construction
Lebanon
Arrondissement scolaire
Lebanon
Arrondissement scolaire
lebanon-sd-lebanon-pa
Schools
Lebanon
Intermédiaire
Lebanon
Secondaire
PALN2022104
Identifiant MLS
