Sold
Last Sold Price
1,984 sqft
702 Locust St, Lebanon, PA 17042
Multi FamilyProperty Type
0.09 acresLot Size
1910Year Built
$108/sq ftPrice per sq ft

Description

This duplex located at 702-704 Locust St in Lebanon, PA, presents an exceptional opportunity for investors or those seeking to live in one unit while renting out the other for additional income. Each of the two-bedroom units features an identical floor plan, offering a spacious living room, a dedicated dining room, a kitchen, versatile flex space, and a full bathroom. The property has been updated with new flooring and fresh paint throughout both units, giving the space a modern, inviting feel. Additionally,...This duplex located at 702-704 Locust St in Lebanon, PA, presents an exceptional opportunity for investors or those seeking to live in one unit while renting out the other for additional income. Each of the two-bedroom units features an identical floor plan, offering a spacious living room, a dedicated dining room, a kitchen, versatile flex space, and a full bathroom. The property has been updated with new flooring and fresh paint throughout both units, giving the space a modern, inviting feel. Additionally, new appliances have been installed in the kitchens, and upgraded light fixtures, switches, and electrical outlets further enhance the overall appeal. The property boasts a large backyard, offering plenty of space for outdoor activities and the potential for off-street parking, adding significant value. Each unit's projected rent is $1,300 per month, with tenants responsible for paying for their own electric, water, sewer, and trash. The landlord pays gas heating for both units. Situated on the south side of the city, this duplex is conveniently located close to Route 72, providing easy access to local amenities and transportation routes. The nearby Lebanon Rail Trail and other attractions add to the appeal of this location, making it a desirable spot for tenants or homeowners alike. Whether you're an investor looking for a turnkey rental property or a homeowner interested in generating extra income, this duplex is a must-see in Lebanon.
  • Listed by: Austin P. Moran 717.471.4742 austin@gmpsllc.com
Listing closed: 09/16/2024 12:00 AM • Source: BRIGHT, MLS#: PALN2016344

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Property Information for 702 Locust Street

Property Details
  • Taxes: $2,889 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 01-2338593-367638-0000
  • Ownership: Fee Simple
  • Structure Type: Twin/Semi-Detached
  • Style: Traditional
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 08-22-2024
  • Municipality: LEBANON CITY
  • Central Air: No
  • Above Grade Finished SQFT: 1,984.00
  • Above Grade Fin SQFT Source: Estimated
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Property Condition: Very Good
Building Information
  • Residences: 2
  • Year Built: 1910
  • Lot Size: 0.09 AC / 3,920 SF
Location
Location
  • School District Name: LEBANON
  • School District County ID: 300200397291
  • SchoolDistrictSource: Listing Agent
  • County: LEBANON
  • MLS Area: Lebanon City (13201)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $89,700
  • Year Assessed: 2024
  • County Tax: $394
  • Improvement Assessed Value: $79,800
  • City Town Tax: $410
  • Land Assessed Value: $9,900
  • Clean Green Assessed: No
  • Land Use Code: 101
  • Zoning: RESIDENTIAL
  • School Tax: $2,084
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 2
  • Rent Control: No
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,984.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 10305265
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 702 Locust Street

DateEvent & SourcePriceAppreciation
Sep 16, 2024

Closed (Public Record)

Public Record #1541685605

$215,000

+593.3% / yr

Sep 16, 2024

Closed

BRIGHT #PALN2016344

$215,000—
Aug 26, 2024

Pending

BRIGHT #PALN2016344

—
DateEvent & SourcePrice
09/16/2024

Closed (Public Record)

Public Record #1541685605

$215,000

+593.3% / yr

09/16/2024

Closed

BRIGHT #PALN2016344

$215,000
08/26/2024

Pending

BRIGHT #PALN2016344

—

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

Public Records for 702 Locust Street

Taxable ValueLand$9,900Additions$79,800Total$89,700
Tax Record2026$2,968 ($247 / month)
Home Facts
Beds3Baths1Total Finished SqFt992 SqFtAbove Grade Finished SqFt992 SqFtStories2Lot Size3,920 SqFtStyleSingle Family ResidenceYear Built1910CountyLEBANONAPN01-2338593-367638-0000

Schools near 702 Locust Street

This home is within Lebanon School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Harding El School
PublicPK to 5

Lebanon Intermediate School
Public6

Lebanon Senior High School
Public9 to 12

Lebanon Catholic School
PrivatePK 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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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.