348 N 5th St, Lebanon, PA 17046

$165,000
: 3
BD
: 2
BA
: 1,040
SqFt

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List Price: $165,000
Days on Market: 1
Status: ACTIVE
MLS#: PALN2027664
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Living Area: 1,040
Lot Size (Acres): 0.06
Style: Cottage, Victorian
Year Built: 1900
County: Lebanon
School District: Lebanon

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Property Description

Attention Investors! Add immediate cash flow to your portfolio with this income-producing circa-1900 gable-front cottage. This well-maintained single-family rental is leased through May 2027 to long-term tenants who would like to remain, providing stability from day one. The current tenants pay all utilities, including water and sewer, and furnish their own appliances, keeping owner expenses to a minimum. The owner is responsible only for real estate taxes, approximately $823 per year in insurance, and the mortgage. The lease allows the new owner to provide the tenants with a 60-day notice after settlement if desired, offering flexibility for future plans while preserving the option to continue with an established tenancy. Whether you're expanding your rental portfolio or purchasing your first investment property, this turnkey income-producing opportunity is one you won't want to miss.

301-254-3122

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