Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1930
Sq.Footage
1,392
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.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Above Grade Finished Area
1392.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Oil, Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
On Street, Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,307
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Side-by-Side, Straight Thru
Price
-
Sales Price
$155,000
-
Tax Amount
$1,739
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,392
-
Price/SqFt
$111
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
LEBANON
-
High School
LEBANON
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LEBANON
Elementary School
Middle School
LEBANON
High School
LEBANON
Listing Courtesy of Gerald C Gostomski , RE/MAX Pinnacle
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AGENT
Chana Shaffer
Call Chana today to schedule a private showing.
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