$215,000
$219,900
2.2%For more information regarding the value of a property, please contact us for a free consultation.
702 LOCUST ST Lebanon, PA 17042
1,984 SqFt
Key Details
Sold Price $215,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,984 sqft
Price per Sqft $108
MLS Listing ID PALN2016344
Sold Date 09/16/24
Style Traditional
Abv Grd Liv Area 1,984
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,889
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Description
This duplex located at 702-704 Locust St in Lebanon, PA, presents an exceptional opportunity for investors or those seeking to live in one unit while renting out the other for additional income. Each of the two-bedroom units features an identical floor plan, offering a spacious living room, a dedicated dining room, a kitchen, versatile flex space, and a full bathroom. The property has been updated with new flooring and fresh paint throughout both units, giving the space a modern, inviting feel. Additionally, new appliances have been installed in the kitchens, and upgraded light fixtures, switches, and electrical outlets further enhance the overall appeal.
The property boasts a large backyard, offering plenty of space for outdoor activities and the potential for off-street parking, adding significant value. Each unit's projected rent is $1,300 per month, with tenants responsible for paying for their own electric, water, sewer, and trash. The landlord pays gas heating for both units. Situated on the south side of the city, this duplex is conveniently located close to Route 72, providing easy access to local amenities and transportation routes. The nearby Lebanon Rail Trail and other attractions add to the appeal of this location, making it a desirable spot for tenants or homeowners alike.
Whether you're an investor looking for a turnkey rental property or a homeowner interested in generating extra income, this duplex is a must-see in Lebanon.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lebanon
Others
Tax ID 01-2338593-367638-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
Financing FHA,Cash,Conventional
Special Listing Condition Standard
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Bought with Amanda Krall • Iron Valley Real Estate