CHARIS REALTY GROUP

Cottage, Victorian

348 N 5TH STREET

LEBANON, PA 17046

MLS#: PALN2027664

$165,000

Status: Active
Listing number: PALN2027664
Listing provided by: RE/MAX Pinnacle
Listing agent phone: None
Last update: 7 hours ago
New on site 2 days ago
Browse Properties
5TH WARD - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

1

Year Built

1900

Sq.Footage

1,040

Attention Investors! Add immediate cash flow to your portfolio with this income-producing circa-1900 gable-front cottage. This well-maintained single-family rental is leased through May 2027 to long-term tenants who would like to remain, providing stability from day one. The current tenants pay all utilities, including water and sewer, and furnish their own appliances, keeping owner expenses to a minimum. The owner is responsible only for real estate taxes, approximately $823 per year in insurance, and the mortgage. The lease allows the new owner to provide the tenants with a 60-day notice after settlement if desired, offering flexibility for future plans while preserving the option to continue with an established tenancy. Whether you're expanding your rental portfolio or purchasing your first investment property, this turnkey income-producing opportunity is one you won't want to miss.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • 1/2 Bathrooms

    1

  • Above Grade Finished Area

    1040.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Main Level Bedrooms

    3

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame, Vinyl Siding

  • Parking

    On Street, Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Lot Size(square feet)

    2,614

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Cottage, Victorian

Price

  • Sales Price

    $165,000

  • Tax Amount

    $1,963

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    1,040

  • Price/SqFt

    $158

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    LEBANON

  • High School

    LEBANON

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

LEBANON

Elementary School

Middle School

LEBANON

High School

LEBANON

Listing Courtesy of Gerald C Gostomski , RE/MAX Pinnacle

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Agent Deanna Rippeon

Rippeon & Co- Team Leader

Deanna Rippeon

Call Deanna today to schedule a private showing.

(240) 409-6473

deannasellsproperty@gmail.com


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Attention Investors! Add immediate cash flow to your portfolio with this income-producing circa-1900 gable-front cottage. This well-maintained single-family rental is leased through May 2027 to long-term tenants who would like to remain, providing stability from day one. The current tenants pay all utilities, including water and sewer, and furnish their own appliances, keeping owner expenses to a minimum. The owner is responsible only for real estate taxes, approximately $823 per year in insurance, and the mortgage. The lease allows the new owner to provide the tenants with a 60-day notice after settlement if desired, offering flexibility for future plans while preserving the option to continue with an established tenancy. Whether you're expanding your rental portfolio or purchasing your first investment property, this turnkey income-producing opportunity is one you won't want to miss.

348 N 5TH STREET

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