Last Sold Price
6 beds2 baths2,440 sqft$123/sqft
206-208 Riders Way, Lebanon, PA 17042

Description

Very solid 2-Unit in great location. Easy access to Route 322, 72, and the PA Turnpike. Unit 206 rent is 1100 and tenants pay all utilities. Unit 208 has been completely remodeled and rents for 1700, with utilities paid by the tenant. New windows in both units, along with a new roof, and a new mini-split system to be installed for Unit 208 prior to closing. nice, easy rental unit!Very solid 2-Unit in great location. Easy access to Route 322, 72, and the PA Turnpike. Unit 206 rent is 1100 and tenants pay all utilities. Unit 208 has been completely remodeled and rents for 1700, with utilities paid by the tenant. New windows in both units, along with a new roof, and a new mini-split system to be installed for Unit 208 prior to closing. nice, easy rental unit!
LISTING CLOSED: 09/20/2023 12:00 AM

  1. Listed by Reagan Kline • Kingsway Realty
    P: (717) 892-2055 reagan@kingswayrealty.com
  2. Listed by Randal V Kline • Kingsway Realty
    P: (717) 733-1006 randy@kingswayrealty.com

Property Details for 206-208 Riders Way

Status
MLS #
PALN2011122
Days on Market
16
Taxes
$3,033 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1920
Lot Size
0.29 AC / 12,632 SF
Tax ID Number
34-2335870-346498-0000
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
08-12-2023
Subdivision
NORTH CORNWALL TOWNSHIP
Subdivision
NORTH CORNWALL TOWNSHIP (LEBANON PA)
Municipality
WEST CORNWALL TWP
Total Parking Spaces
4
Central Air
No
Basement
Yes
Above Grade Finished SQFT
2,440.00
Above Grade Fin SQFT Source
Estimated
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Estimated
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Estimated
New Construction
No
Property Condition
Good

Recent comparable sales

Median sold price

$295,000

Avg days on market

27

Sale-to-list ratio

96.2%

[Lebanon, PA]

9 comparable properties found

$350,000 | 290-294 North Cornwall Road, Lebanon, PA 17042
1/50
1

$350,000

Sold 08/08/25

6
Bedrooms
2,300
Square Feet
1.82
Acres
2

$350,000

Sold 08/08/25

Unavailable
Bedrooms
2
Bathrooms
2,300
Square Feet
1.82
Acres
$321,000 | 606 South 7th Street, Lebanon, PA 17042
1/2
3

$321,000

Sold 03/03/25

6
Bedrooms
2
Bathrooms
3,280
Square Feet
0.06
Acres
front view of a house with a yard
1/53
4

$262,900

Sold 07/13/26

6
Bedrooms
2,902
Square Feet
0.37
Acres
5

$205,000

Sold 03/10/25

Unavailable
Bedrooms
2,440
Square Feet
0.34
Acres
$265,000 | 629 Chestnut Street, Lebanon, PA 17042
1/31
6

$265,000

Sold 12/02/25

6
Bedrooms
2
Bathrooms
3,144
Square Feet
0.07
Acres
$329,610 | 1007 Carson Drive, Lebanon, OH 45036
1/26
7

$329,610

Sold 05/22/25

6
Bedrooms
2
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a front view of a house with a yard
1/20
8

$275,000

Sold 11/10/25

4
Bedrooms
2
Bathrooms
1,708
Square Feet
0.47
Acres
9

$295,000

Sold 07/10/26

Unavailable
Bedrooms
2
Bathrooms
1,536
Square Feet
0.21
Acres

Location

Listing Courtesy of Kingsway Realty

Sold By Prime Home Real Estate, LLC

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Building Information for 206-208 Riders Way

Stories-Residences2Year Built1920Building Size-Lot Size0.29 AC / 12,632 SF

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$1,778 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$253

HOA Dues

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Property Information for 206-208 Riders Way

Location
Location
  • School District Name: CORNWALL-LEBANON
  • School District County ID: 300200397385
  • SchoolDistrictSource: Listing Agent
  • County: LEBANON
  • MLS Area: West Cornwall Twp (13234)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $138,800
  • Year Assessed: 2023
  • County Tax: $540
  • Improvement Assessed Value: $114,800
  • City Town Tax: $173
  • Land Assessed Value: $24,000
  • Zoning: R2 - MEDIUM DENSITY
  • School Tax: $2,319
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Taxes - Real Estate
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $33,600
  • Income Includes: Apartment Rentals
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,440.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 12162579
Parking
Parking
  • Type Of Parking: Off Street, On Street
  • Off Street - # of Spaces: 4
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Other
  • Heating Fuel: Oil, Electric
  • Hot Water: Electric, Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 206-208 Riders Way

DateEvent & SourcePriceAppreciation
Sep 20, 2023

Closed

BRIGHT #PALN2011122

$300,000
Aug 25, 2023

Pending

BRIGHT #PALN2011122

Aug 21, 2023

Price Change

BRIGHT #PALN2011122

$319,000
DateEvent & SourcePrice
09/20/2023

Closed

BRIGHT #PALN2011122

$300,000
08/25/2023

Pending

BRIGHT #PALN2011122

08/21/2023

Price Change

BRIGHT #PALN2011122

$319,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 206-208 Riders Way

This home is within Cornwall-Lebanon School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Cornwall El School
PublicK to 5

Cedar Crest Middle School
Public6 to 8

Cedar Crest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 206-208 Riders Way, Lebanon, PA 17042
$300,000
6
2
2,440
12,632
$300,000
2,440
12,632
$205,000
2,440
14,810
$145,000
2
2,440
14,810
3
1,240
1,742
$125,000
3
1,572
2,178

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kingsway Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.