$60,000
$65,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
542 SPRUCE ST Lebanon, PA 17046
2,178 Sqft Lot
Key Details
Sold Price $60,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Northside
MLS Listing ID 1002732165
Style Converted Dwelling
Annual Tax Amount $1,693
Lot Size 2,178 Sqft
Property Description
Clean, 2 unit., both 2BR w/ stoves and refrig. Modern Oil Furnace provides hot water heat & domestic hot water. Tenants pay electric. Second floor tenant is long term (now m2m @ $500/mo.), first floor is m2m @ $550/mo. Projected Income of $15,600 is based on market rents ($650/unit). Estimated Annual Expenses run $5,413. leaving a projected net income of $10,187. At list price that's a 15.67% Cap Rate.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Interior
Hot Water Oil, S/W Changeover
Heating Radiator, Oil
Cooling None
Exterior
Garage Spaces 1.0
Utilities Available Cable TV Available
Water Access N
Roof Type Composite,Shingle,Asphalt
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lebanon
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jared Armstrong • Suburban Realty