Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer. Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance. The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to vacate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.
2 days
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347
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19
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jerry Gostomski717-679-2569,
RE/MAX Pinnacle7172708808
Source: Bright MLS,MLS#: PALN2027660
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3
Basement
Description: Percent Finished: 0.0
Area: 648
Heating
Forced Air, Oil
Cooling
None
Appliances
Included: Electric Water Heater
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 2,040
Total interior livable area: 1,392 sqft
Finished area above ground: 1,392
Finished area below ground: 0
Property
Parking
Parking features: On Street, Other
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 1,307 Square Feet
Details
Additional structures: Above Grade, Below Grade
Parcel number: 0123383203677140000
Zoning: RESIDENTIAL
Special conditions: Standard
Construction
Type & style
Home type: Townhouse
Architectural style: Straight Thru
Property subtype: Townhouse
Materials
Vinyl Siding, Stick Built
Foundation: Stone
Roof: Shingle
Condition
Good
New construction: No
Year built: 1930
Utilities & green energy
Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Ward 1
HOA
Has HOA: No
Location
Region: Lebanon
Municipality: LEBANON CITY
Financial & listing details
Price per square foot: $111/sqft
Tax assessed value: $51,300
Annual tax amount: $1,739
Date on market: 7/27/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: All Tenant Property Including Appliances.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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