611-613 N 9th St - Apartments FOR SALE


Lebanon, PA 17046
$650,000 USD
717-668-4694
611-613 N 9th St, Lebanon, PA for Sale
$650,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

611-613 N 9th St
Lebanon, PA 17046


OVERVIEW

Welcome to a remarkable investment opportunity at 611-613 N 9th St in Lebanon, PA. This unique property offers 6 units comprising (2) single bedroom units, (2) 2 bedroom units, and (2) 3 bedroom units. Built in 1940, this property spans a generous 6,000 square feet presenting plenty of room for residents. Set in a prime location with easy access to major routes 422 and 76, your tenants will enjoy effortless commutes to nearby Lancaster, Harrisburg, Hershey, and Ephrata. Currently generating $65,700 in gross rents annually, there’s substantial potential to increase your ROI with strategic enhancements or adjustments. This property not only offers a stable income but also the allure of being situated within close proximity to key Pennsylvania locales, making it a highly appealing prospect for seasoned investors looking to expand their portfolio. Offering both growth potential and excellent accessibility, this opportunity should not be overlooked.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$115 USD /SF

# OF UNITS

6

PRICE/UNIT

$108,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

07-2337042-372654-0000

ASK ABOUT THIS PROPERTY

Nathan BarshingerEXP Realty, LLCMore Info
717-668-4694

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Nathan BarshingerEXP Realty, LLCMore Info
717-668-4694

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