$220,000
352 N 7th St, Lebanon, PA, 17046
1,648
Square feet
0.09
Acres
Ready to go 2-unit apartment building plus garage. This property has long term tenants in place with an annual income of $26,100 with room for improvement. Expenses are minimal since tenant pays for their own heat. Insurance $1,100, water/sewer $720 yearly, trash $680 yearly. This unit cash flows at a 9.3% cap rate with a debt coverage at 1.39% with typical 25% down.
Listing Details
| Office | Manor West Realty |
|---|---|
| Contact Info | (717) 290-8182 |
Facts & Features
| MLS® # | PALN2023052 |
|---|---|
| Price | $220,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,648 |
| Acres | 0.09 |
| Year Built | 1900 |
| Type | Multi-Family |
| Sub-Type | Duplex, Twin/Semi-Detached |
| Style | Other |
| Status | Active |
Community Information
| Address | 352 N 7th St |
|---|---|
| Area | Lebanon City (13201) |
| Subdivision | NONE AVAILABLE |
| City | Lebanon |
| County | LEBANON-PA |
| State | PA |
| Municipality | LEBANON CITY |
| Zip Code | 17046 |
| Senior Community | No |
Amenities
| # of Garages | 2 |
|---|---|
| Garages | Garage - Front Entry |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Foundation | Other |
|---|
School Information
| District | LEBANON |
|---|
Additional Information
| Date Listed | September 29th, 2025 |
|---|---|
| Days on Market | 12 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |