25 South 4th Street

Closed 10/15/24

1st Floor Apartment
Rear Entry to Kitchen

Sold

Last Sold Price

$197,000

1,848 sqft

25 S 4th St, Lebanon, PA 17042

Multi FamilyProperty Type

0.04 acresLot Size

1900Year Built

$107/sq ftPrice per sq ft

1 carParking Spaces

Description

You’re looking at a great investment opportunity! Here’s a tastefully updated duplex, with a strong rental history, in a great city location--just a two-block walk to WellSpan Good Samaritan Hospital and ancillary medical facilities; one block to bus service; walking distance to shopping, dining, banking, the local YMCA, Lebanon Community Library and so much more. Whether you’re a seasoned investor, or you just starting your rental portfolio, this one offers great returns. Both units are currently...You’re looking at a great investment opportunity! Here’s a tastefully updated duplex, with a strong rental history, in a great city location--just a two-block walk to WellSpan Good Samaritan Hospital and ancillary medical facilities; one block to bus service; walking distance to shopping, dining, banking, the local YMCA, Lebanon Community Library and so much more. Whether you’re a seasoned investor, or you just starting your rental portfolio, this one offers great returns. Both units are currently rented month-to-month. The first-floor unit comes open for new tenancy on October 1st, so you may want to enjoy the perks of owner-occupancy—live in one unit, take the financial benefit of owner-occupied interest rates, and generate rental income from your second unit. That’s the TRIFECTA! All appliances convey, including the washer/dryer, located in the basement. The laundry can be accessed from an interior door in the first-floor apartment, or via the exterior Bilco-style door on the rear porch. The basement floor is concrete, walls are stone. Three electric services are in place. Two electric water heaters have been recently replaced. Rental units are equipped with electric baseboard heat, and tenant-paid electric. The oil-forced warm air system remains in place, with connection to the second floor. The first-floor unit could also be connected to the FWA system, at the new owner’s discretion. Currently, the first-floor tenant rents the rear paved parking area and carport. The second-floor apartment includes a rear balcony, an interior staircase, and exterior stairs to the rear lawn. Ask your agent to provide the Current Income/Expense report. Showings commence on October 1st. ACT QUICKLY—This one is offered just in time to make your purchase within the current tax year!

Listed by: Vanessa D Marinkov 717.507.5025 vanessa@beringrealestate.com • Bering Real Estate Co.

Listing closed: 10/15/2024 12:00 AM • Source: BRIGHT, MLS#: PALN2016626

Recent comparable sales

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Avg days on market

Sale-to-list ratio

103.0%

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a front view of a residential apartment building with a yard

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2212 Lehman Street, Lebanon, PA 17046

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Location

Listing Courtesy of Bering Real Estate Co.

Sold By Kingsway Realty - Lancaster

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$1,233 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,018

Property Taxes

$215

HOA Dues

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Property Information for 25 South 4th Street

Property Details

Taxes: $2,580 / year
MLS Type: Multi-Family / Fee Simple
County: Lebanon County
Tax ID Number: 01-2339815-369168-0000
Ownership: Fee Simple
Structure Type: Interior Row/Townhouse
Style: Traditional
Waterfront: No
Garage: No
Expected On Market Date: 10-01-2024
Cross Street: Cumberland-N and Chestnut-S
Municipality: LEBANON CITY
Total Parking Spaces: 1
Central Air: No
Basement: Yes
Room Count: 11
Above Grade Finished SQFT: 1,848.00
Above Grade Fin SQFT Source: Assessor
Above Grade Unfinished SQFT: .00
Above Grade Unfin SQFT Source: Estimated
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Assessor
Below Grade Unfinished SQFT: 812.00
Below Grade Unfin SQFT Source: Estimated
Total Below Grade SQFT: 812.00
Total Below Grade SQFT Source: Estimated
New Construction: No
Building Winterized Y/N: Yes
Property Condition: Very Good

Building Information

Residences: 2
Year Built: 1900
Lot Size: 0.04 AC / 1,742 SF

Location

Transportation: Bus Stop less than 1 mile
School District Name: LEBANON

School District County ID: 300200397291
SchoolDistrictSource: Listing Agent
County: LEBANON
MLS Area: Lebanon City (13201)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2024
Tax Assessed Value: $80,100

Year Assessed: 2024
County Tax: $351
Improvement Assessed Value: $73,200
City Town Tax: $366
Land Assessed Value: $6,900
Special Assessment Pymnt: Annually
Clean Green Assessed: No
Land Use Code: 102
Agricultural Tax Due: No
Historic: No
Zoning: RMD
Zoning Dscrp: Residential Medium Density
School Tax: $1,861
School Tax Payment Frequency: Annually
Automatically Update Tax Values Y/N: Yes

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 1

Two Bedroom Units Count: 0
Three Bedroom Units Count: 1
Units Furnished: None
Units Leased Count: 2
Number Of Units Vacant: 1
Vacancy Allowance Rate: 4.00%
Number Of Units Month To Month: 2
Rent Control: No

Financial Information

Gross Income: $27,900
Annual Rental Income: $25,020

Income Includes: Apartment Rentals, Parking, Other
Existing Lease Type: Month to Month

Building Info

Year Major Reno Remodel: 2021
Building Level Count: 3

Building Units Total: 2
Total Finished SQFT: 1,848.00
Total Finished SQFT Source: Assessor
Tax Total Finished SQFT: 1,848.00
Total SQFT: 2,660.00
Total SQFT Source: Estimated
Construction Materials: Brick
Roof: Shingle
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8033/5866/3956/803358663956_512_384_WM_Biak_XYR2zVvIxqx.jpg
Wall and Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls, Paneled Walls
Flooring Type: Vinyl, Carpet
Basement Type: Full, Interior Access, Outside Entrance, Unfinished
Foundation Details: Stone

Lot / Land Information

Lot Size Source: Assessor
Lot Features: Rear Yard

Parcel ID: 10305932

Parking

Type Of Parking: Detached Carport, On Street
Detached Carport - # of Spaces: 1.0

Parking Features: Asphalt Driveway

Interior Features

Fireplace: No
Appliances: Washer, Dryer, Oven/Range - Electric, Refrigerator

Accessibility Features: 2+ Access Exits, 32"+ wide Doors
Virtual Tour URL Unbranded: https://gressphotography.com/25-S-4th-St/idx

Exterior Features

Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Utilities: Cable TV, Natural Gas Available
Heating: Yes

Cooling Type: Window Unit(s)
Cooling Fuel: Electric
Heating Type: Baseboard - Electric, Forced Air
Heating Fuel: Electric, Oil
Hot Water: Electric
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 100 Amp Service

Confidential Data

Listing Office

List Agent AOR: Lebanon County Association of REALTORS
List Agent URL: beringrealestate.com

Property History for 25 South 4th Street

Date	Event & Source	Price	Appreciation
Oct 15, 2024	Closed BRIGHT #PALN2016626	$197,000	—
Oct 14, 2024	Closed (Public Record) Public Record #1542910055	$197,000	+20.3% / yr
Sep 27, 2024	Pending BRIGHT #PALN2016626		—
Sep 27, 2024	Listed (Active) BRIGHT #PALN2016626	$197,000	—
Sep 21, 2021	Closed BRIGHT #PALN2000738	$111,600	—
Sep 16, 2021	Closed (Public Record) Public Record #1472156836	$111,600	—
Aug 4, 2021	Pending BRIGHT #PALN2000738		—
Jul 26, 2021	Listed (Active) BRIGHT #PALN2000738	$109,900	—

Date	Event & Source	Price
10/15/2024	Closed BRIGHT #PALN2016626	$197,000
10/14/2024	Closed (Public Record) Public Record #1542910055	$197,000 +20.3% / yr
09/27/2024	Pending BRIGHT #PALN2016626	—
09/27/2024	Listed (Active) BRIGHT #PALN2016626	$197,000
09/21/2021	Closed BRIGHT #PALN2000738	$111,600
09/16/2021	Closed (Public Record) Public Record #1472156836	$111,600
08/04/2021	Pending BRIGHT #PALN2000738	—
07/26/2021	Listed (Active) BRIGHT #PALN2000738	$109,900

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

Public Records for 25 South 4th Street

Taxable ValueLand$6,900Additions$73,200Total$80,100

Tax Record2026$2,650 ($221 / month)

Home Facts

Baths2Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories2Lot Size1,742 SqFtStyleDuplexYear Built1900CountyLEBANONAPN01-2339815-369168-0000

Schools near 25 South 4th Street

This home is within Lebanon School District.


Rating	School	Type	Grades	Distance
4/10	Harding El School	Public - Serves this home	PK to 5	0.2 mi
4/10	Lebanon Intermediate School	Public - Serves this home	6	0.5 mi
1/10	Lebanon Senior High School	Public - Serves this home	9 to 12	0.9 mi
NR	Lebanon Catholic School	Private - Nearby school	PK to 12	0.9 mi


Rating	School	Distance
4/10	Harding El School PublicPK to 5 Serves this home	0.2 mi
4/10	Lebanon Intermediate School Public6 Serves this home	0.5 mi
1/10	Lebanon Senior High School Public9 to 12 Serves this home	0.9 mi
NR	Lebanon Catholic School PrivatePK to 12 Nearby school	0.9 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 25 South 4th Street, Lebanon, PA 17042	$197,000	–	–	1,848	1,742
23 South 4th Street, Lebanon, PA 17042	–	–	1	1,984	–
27 South 4th Street, Lebanon, PA 17042	$143,000	4	2	2,140	2,178
29 South 4th Street, Lebanon, PA 17042	$250,000	3	2	2,733	4,792
19 South 4th Street, Lebanon, PA 17042	–	3	1	1,392	1,307
33 South 4th Street, Lebanon, PA 17042	–	3	1	1,129	2,178
17 South 4th Street, Lebanon, PA 17042	–	3	1	1,452	1,307
31 South 4th Street, Lebanon, PA 17042	$160,000	3	1	1,129	2,178
407 Walton Street, Lebanon, PA 17042	$130,000	–	–	–	6,534
22 South 4th Street, Lebanon, PA 17042	$71,500	4	1	1,296	7,405
15 South 4th Street, Lebanon, PA 17042	$76,000	3	2	1,448	1,307
418 Walton Street, Lebanon, PA 17042	$64,600	–	–	2,400	–
13 South 4th Street, Lebanon, PA 17042	$38,500	–	3	2,290	1,307
32 South 4th Street, Lebanon, PA 17042	$93,340	3	2	1,512	3,049
11 South 4th Street, Lebanon, PA 17042	$38,500	–	3	2,420	1,307
26 South 4th Street, Lebanon, PA 17042	$86,000	4	1	1,690	1,742

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Listing Courtesy of Bering Real Estate Co.

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.

Lebanon, PA

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