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831 Chestnut Street

LEBANON, PA 17042
  • $2,900,000
  • STATUS: Active
  • ON SITE: 104 Days
  • ID#: PALN2008704
UPDATED: 57 min ago
$2,900,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

School District:

Description

32 Unit Apartment building with 5 Commercial Spaces for sale in the heart of Lebanon, PANumber of Apartments - 17Number of Furnished rooms - 15Commercial spaces - 5Gross Monthly Revenue - $17,475Currently, there are 4 occupied studios bringing in $3,675 per month, 4 1-bedroom units earning $3,900 per month, 5 2-bedroom units earning $6,000 per month, and 11 furnished rooms generating $2,200 every four weeks (all occupied). With some units still vacant or undergoing renovation, the potential for additional earnings is substantial.Additionally, there are 5 commercial spaces available, with 3 currently occupied and 2 vacant, bringing in a total of $1,700 per month.Get in touch today to learn more and/or schedule a tour.Please note: Interested buyers must submit proof of funds prior to a tour.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-04T11:51:39.89.
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831 Chestnut Street LEBANON, PA 17042

  • Price: $2,900,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 57 min ago
  • ID#: PALN2008704
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1962
Built
Neighborhood:
Lebanon City (13201)
County:
Lebanon
Area:
Lebanon City (13201)
School District:
Lebanon
Property Description
32 Unit Apartment building with 5 Commercial Spaces for sale in the heart of Lebanon, PANumber of Apartments - 17Number of Furnished rooms - 15Commercial spaces - 5Gross Monthly Revenue - $17,475Currently, there are 4 occupied studios bringing in $3,675 per month, 4 1-bedroom units earning $3,900 per month, 5 2-bedroom units earning $6,000 per month, and 11 furnished rooms generating $2,200 every four weeks (all occupied). With some units still vacant or undergoing renovation, the potential for additional earnings is substantial.Additionally, there are 5 commercial spaces available, with 3 currently occupied and 2 vacant, bringing in a total of $1,700 per month.Get in touch today to learn more and/or schedule a tour.Please note: Interested buyers must submit proof of funds prior to a tour.
Exterior Features

Construction Materials Stucco Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 16695.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 16695.00

Property Features

Accessibility Features Elevator Assessment Year 2022 Business Type Apartment BuildingOther/General RetailProfessional Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Lebanon City Navigable Water YN N New Construction YN No Number Of Units Total 30 Original MLSNumber 802164901808 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 16282.00 Tax Assessment Amount 530500.00 Vacation Rental YN No Water Source Public Zoning Multifamily Commercial Zoning Description Multifamily Apartments Commercial

Listing courtesy of Vyas Real Estate Group, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-04T11:51:39.89.
 
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Keller Williams Real Estate
100 Campbell Blvd, Suite 106
Exton PA, 19341