711 CHESTNUT ST Active Save Request In-Person Tour Request Virtual Tour
Lebanon,PA 17042
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $63
MLS Listing ID PALN2023132
Style Colonial
Abv Grd Liv Area 2,360
Year Built 1920
Annual Tax Amount $2,781
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Detached
Source BRIGHT
Property Description
AUCTION PROPERTY. Auction date is Saturday, October 25th @ 2PM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 90 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: "2½ Story Brick 3 Unit Investment Dwelling" Apt. #1: 1030 SF w/ 2 bedrooms. Apt. #2: 800 SF w/2 bedrooms. Apt. #3: 530 SF w/1 bedroom. Each unit has a kitchen w/appliances, bath, living room, full basement, gas HW heat, separate furnace electric, cable & laundry hookup in lower level. Historic area of the city. Walking distance to farmers market & Harding Elementary School. Easy rental units w/modest rents. Current gross income: $26,575/year. Projected 2025 gross income: $30,900/year. Zoned RHD. NOTE: After 20 years, owners downsizing & serious to sell. Low maintenance rental/investment 3 unit w/low taxes. Solid return on investment property in convenient location. PROPERTY CAN ONLY BE SHOWN DURING OPEN HOUSES. OPEN HOUSE DATES: October 4, 11 & 18 from 1 to 4PM.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning RES. HIGH DENSITY
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Flooring Carpet,Vinyl,Wood
Fireplace N
Heat Source Oil
Exterior
Water Access N
Roof Type Shingle,Metal
Accessibility None
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2360
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Lebanon
Others
Tax ID 01-2338389-368858-0000
Ownership Fee Simple
SqFt Source 2360
Special Listing Condition Auction