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Ron Ehman

ron@ronehman.com +1(610) 299-9850

Listed by Randal V Kline • Kingsway Realty - Ephrata

$ 15,000

Est. payment | -/mo

2,360 SqFt

Save

$ 15,000

Est. payment | -/mo

Save

2,360 SqFt

Open House

Sat Oct 04, 1:00pm - 4:00pm

Sat Oct 11, 1:00pm - 4:00pm

Sat Oct 18, 1:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,360 sqft

Price per Sqft $6

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

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

GET MORE INFORMATION

Ron Ehman

REALTOR® | Lic# AB067475

ron@ronehman.com

+1(610) 299-9850

630 Freedom, Business Center Dr, Suite 300, King of Prussia, PA, 19406

711 CHESTNUT ST Lebanon, PA 17042

Ron Ehman

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

711 CHESTNUT ST