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Sold for $197,000
  • $197,000

    25 S 4th St, Lebanon, PA 17042

    4beds
    --baths
    1,848sqft
    Townhouse
    Built in 1900
    -- sqft lot
    $239,800 Zestimate®
    $107/sqft
    $1,105 Estimated rent

    Home value

    $239,800

    $221,000 - $259,000

    $1,105/mo

    Zestimate® history
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    What's special

    YOU’RE LOOKING AT A GREAT INVESTMENT OPPORTUNITY! Here’s a tastefully updated duplex, with a strong rental history, in a great city location--just a two-block walk to WellSpan Good Samaritan Hospital and ancillary medical facilities; one block to bus service; walking distance to shopping, dining, banking, the local YMCA, Lebanon Community Library and so much more. Whether you’re a seasoned investor, or you just starting your rental portfolio, this one offers great returns. Both units are currently rented month-to-month. The first-floor unit comes open for new tenancy on October 1st, so you may want to enjoy the perks of owner-occupancy—live in one unit, take the financial benefit of owner-occupied interest rates, and generate rental income from your second unit. That’s the TRIFECTA! All appliances convey, including the washer/dryer, located in the basement. The laundry can be accessed from an interior door in the first-floor apartment, or via the exterior Bilco-style door on the rear porch. The basement floor is concrete, walls are stone. Three electric services are in place. Two electric water heaters have been recently replaced. Rental units are equipped with electric baseboard heat, and tenant-paid electric. The oil-forced warm air system remains in place, with connection to the second floor. The first-floor unit could also be connected to the FWA system, at the new owner’s discretion. Currently, the first-floor tenant rents the rear paved parking area and carport. The second-floor apartment includes a rear balcony, an interior staircase, and exterior stairs to the rear lawn. Ask your agent to provide the Current Income/Expense report. Showings commence on October 1st. ACT QUICKLY—This one is offered just in time to make your purchase within the current tax year!

    Zillow last checked:

    Listing updated:

    Listed by:

    Vanessa Marinkov 717-507-5025,

    Bering Real Estate Co.

    Bought with:

    Christine Nolt, RS332150

    Kingsway Realty - Lancaster

    Source: Bright MLS,MLS#: PALN2016626MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 812
    Heating
    • Baseboard, Forced Air, Electric, Oil
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Washer, Dryer, Oven/Range - Electric, Refrigerator, Electric Water Heater
    Features
    • 9'+ Ceilings, Dry Wall, Plaster Walls, Paneled Walls
    • Flooring: Vinyl, Carpet
    • Basement: Full,Interior Entry,Exterior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,660
    • Total interior livable area: 1,848 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt, Detached Carport, On Street
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits, Accessible Doors
    Features
    • Pool features: None
    Lot
    • Size: 1,742 sqft
    • Features: Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0123398153691680000
    • Zoning: RMD
    • Zoning description: Residential Medium Density
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1900
    • Major remodel year: 2021

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Available

    Community & neighborhood

    Location
    • Region: Lebanon
    • Municipality: LEBANON CITY

    HOA & financial

    Other financial information
    • Total actual rent: 25020

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Parking, Other
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/15/2024Sold$197,000+76.5%$107/sqft
    Source: Bright MLS #PALN2016626 Report a problem
    1/31/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/22/2022Listed for rent$1,250$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    1/14/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/3/2022Listed for rent$1,250$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/21/2021Sold$111,600+1.5%$60/sqft
    Source: Bright MLS #PALN2000738 Report a problem
    8/5/2021Pending sale$109,900$59/sqft
    Source: Bright MLS #PALN2000738 Report a problem
    7/27/2021Listed for sale$109,900$59/sqft
    Source: Bright MLS #PALN2000738 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,580 +1.4%$80,100
    2024$2,543 +1.6%$80,100
    2023$2,503 +1.8%$80,100
    2022$2,459 +5.2%$80,100
    2021$2,336 $80,100
    2020$2,336 +270.4%$80,100
    2019$631 -48.6%$80,100
    2018$1,228 +5.1%$80,100
    2017$1,168 +7.8%$80,100
    2016$1,084 $80,100
    2015$1,084 $80,100
    2014$1,084 $80,100 +725.8%
    2012-- $9,700
    2011-- $9,700
    2010-- $9,700
    2009-- $9,700
    2007-- $9,700 +11.5%
    2006-- $8,700

    Find assessor info on the county website

    Neighborhood: 17042

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lebanon

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $244,596