400 N 9th St - Apartments FOR SALE


Lebanon, PA 17046 | 
$515,000 USD
717-679-9195
400 N 9th St, Lebanon, PA for Sale
$515,000 USD
Apartments - FOR SALE
1/3
null | 9% Cap Rate

400 N 9th St
Lebanon, PA 17046


OVERVIEW

Excellent opportunity to add a fully occupied 5-unit multifamily property to your investment portfolio! This well-maintained brick building features five 1-bedroom, 1-bath apartments, offering a desirable unit mix with consistent rental demand. The property includes separate electric service with electric baseboard heat and individual electric water heaters for each unit. Public water and sewer service the property, and the roof has seen recent updates during the current ownership. This income-producing asset offers strong long-term investment potential. Don't miss your chance to own this turnkey multifamily property! Please inquire about interior photos. Real of Pennsylvania does not hold Earnest Money Deposits. Please designate a broker or title company to hold the Earnest Money Deposit and complete Lines 15–16 of the Agreement of Sale with the name of the escrow holder. *Proof of funds is required prior to scheduling or confirming any showings. Please submit proof of funds with all showing requests. *Message the listing agent to get the private google drive for interior photos.

FOR SALE DETAILS

PRICE

$515,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

5

PRICE/UNIT

$103,000

CAP RATE

9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,160 SF

ZONING

-

APN/PARCEL ID

05-2337303-371546-0000

ASK ABOUT THIS PROPERTY

Michael OrtaReal Broker NY, LLCMore Info
717-679-9195

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Michael OrtaReal Broker NY, LLCMore Info
717-679-9195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.