Lebanon, PA 17046,542 SPRUCE ST

$60,000

Est. payment /mo

$65,000

7.7%
Est.Price: ?

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542 SPRUCE ST Lebanon, PA 17046

2,178 Sqft Lot

SOLD DATE : 12/04/2015

Key Details

Sold Price $60,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Northside

MLS Listing ID 1002732165

Sold Date 12/04/15

Style Converted Dwelling

HOA Y/N N

Originating Board LCAOR

Annual Tax Amount $1,693

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 18x112

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)

Rooms

Basement Poured Concrete, Dirt Floor, Partial

Interior

Hot Water Oil, S/W Changeover

Heating Radiator, Oil

Cooling None

Fireplace N

Exterior

Garage Spaces 1.0

Utilities Available Cable TV Available

Water Access N

Roof Type Composite,Shingle,Asphalt

Garage N

Building

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

New Construction N

Schools

School District Lebanon

Others

Tax ID 05-2338066-372496

Ownership Other

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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Bright MLS (BMLS)
Listed by David Simpson • Suburban Realty
Bought with Jared Armstrong • Suburban Realty

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

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