Great opportunity to have your tenant pay for your mortgage. Live in one and rent the other unit in this rare opportunity in South Lebanon. Well-maintained 2 unit with additional income from a 2 car garage. 1st floor unit is a 2 bedroom, 1 bath with hardwood floors. Second floor is a 1 bedroom, 1 bath. Current rent is much lower than the market will bear. Projected rents $1200 for first floor, $1000 for second floor and $100 for each garage.
Sold for $250,000
$250,000
24 Ridge Ave, Lebanon, PA 17042
3beds
2baths
1,680sqft
Duplex
Built in 1948
-- sqft lot
$286,300 Zestimate®
$149/sqft
$1,282 Estimated rent
Home value
$286,300
$272,000 - $301,000
$1,282/mo
Zestimate® history
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$1,282/mo
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$1,311/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: May 31, 2023 at 05:15am
Listed by:
Joe Wentzel 717-270-2154,
Penn Realty, LTD,
Co-Listing Agent: Brenda Y. Wentzel 717-964-3800,
Penn Realty, LTD
Bought with:
Kieran Holahan
Berkshire Hathaway Homesale Realty
Source: Bright MLS,MLS#: PALN2008866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 0
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
Features
- 2nd Kitchen, Built-in Features, Ceiling Fan(s), Combination Kitchen/Dining, Eat-in Kitchen, Bathroom - Tub Shower, Plaster Walls
- Flooring: Carpet, Hardwood, Vinyl, Wood
- Basement: Full,Interior Entry
- Number of fireplaces: 1
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Total spaces: 4
- Parking features: Storage, Other, Garage Door Opener, Asphalt, Detached, Driveway, Off Street
- Garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 7,405 sqft
- Features: Level
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3023424133653960000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Duplex
Materials
- Brick, Aluminum Siding, Stick Built
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lebanon
- Municipality: SOUTH LEBANON TWP
HOA & financial
Other financial information
- Total actual rent: 8400
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2023 | Sold | $250,000+0%$149/sqft |
Source:  Bright MLS #PALN2008866 Report a problem | ||
| 4/13/2023 | Pending sale | $249,900$149/sqft |
Source: Bright MLS #PALN2008866 Report a problem | ||
| 3/14/2023 | Listed for sale | $249,900$149/sqft |
Source: Bright MLS #PALN2008866 Report a problem | ||
| 3/13/2023 | Pending sale | $249,900$149/sqft |
Source: Bright MLS #PALN2008866 Report a problem | ||
| 3/6/2023 | Listed for sale | $249,900+138%$149/sqft |
Source: Bright MLS #PALN2008866 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,737 +2.2% | $116,300 |
| 2023 | $2,679 +2.9% | $116,300 |
| 2022 | $2,603 +8.1% | $116,300 |
Find assessor info on the county website
Neighborhood: Lebanon South
Nearby schools
GreatSchools rating
- 5/10South Lebanon El SchoolGrades: K-5Distance: 2.4 mi
- 8/10Cedar Crest Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Cedar Crest High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: South Lebanon
- Middle: Cedar Crest
- High: Cedar Crest
- District: Cornwall-lebanon
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$286,300
2% more
+$5,726
With Zillow Showcase(estimated)
$292,026