Bought with Austin Lee Martin • Iron Valley Real Estate
$270,000
$280,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
624 CHESTNUT ST Lebanon, PA 17042
6,000 SqFt
Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $45
MLS Listing ID PALN2025808
Sold Date 07/02/26
Style Converted Dwelling
Abv Grd Liv Area 6,000
Year Built 1830
Available Date 2026-05-06
Annual Tax Amount $4,893
Tax Year 2026
Lot Size 4,792 Sqft
Acres 0.11
Property Sub-Type Detached
Source BRIGHT
Property Description
Turnkey 3-unit investment opportunity in the heart of Lebanon! This fully rented multi-family property offers immediate cash flow and a strong return on investment for savvy investors looking to expand their portfolio. Featuring large, spacious units with character and charm, this property blends modern income potential with a true piece of Lebanon history. Owner-paid heat is kept affordable with a newer high-efficiency gas heating system, helping minimize operating expenses and maximize profitability. Well-positioned with strong rental demand, this is a solid income-producing asset with long-term upside.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning OFFICE & INSTITUTIONAL
Rooms
Basement Interior Access
Interior
Hot Water Electric
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 6000
Sewer Public Septic
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Lebanon
High Schools Lebanon
School District Lebanon
Others
Tax ID 01-2338723-368770-0000
Ownership Fee Simple
SqFt Source 6000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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