$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 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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Bought with Jared Armstrong • Suburban Realty
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