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460,000
USD
0 Bid(s)
1
USD
Live auction
Lot closed
Lot location
Lebanon, Pennsylvania
East Side Lebanon 6 Unit w/2 Bay Shop/Garage. 5 Units are 1 Bedroom, 1 Unit is a 2 Bedroom. 5 Units are Month to Month Leases, 1 Unit is a Yearly Lease. 3 Units are on the Main Floor, 2 Units are on the 2nd Floor, 1 Unit on the 3rd Floor. Coin Operated Laundry in Shop is available for Tenants, the 3rd-Floor Apartment has its own Laundry. All Units have Natural Gas Heat & Electric Baseboard. All Appliances convey w/ the property. 24×32 Detached 2 Bay Shop/Garage w/ Elec/Heat/Water.Rental Income for the Apartments: $4,200 per month. Shed: $200 per month, Laundry: approx. $100 per month. Gross Yearly Income: $54,000. Yearly Expenses: $17,111.* Landlord pays taxes, insurance, gas, trash, water & sewer, and electric for the shop. Landlord sets natural gas heat to 60°. Each unit has its own meter, so the Tenant uses their electric baseboard heat as needed and pays their own electric. Lebanon Schools, City of Lebanon, Zoning: Residential Medium Density, Taxes: $7,698.*See Brochure for list of Income/Expenses. NOTE: A nice converted 6-Unit Brick Apartment Building w/ 4 Off-Street Parking Spaces and plenty of On-Street Parking. All units are occupied w/ some long-term tenants & modest rents. A very desirable rental unit to add to your investment portfolio.OPEN HOUSE: Saturday, May 9, from 1-3 PM, 2 hours before auction, or by appointment (call Joel at 717-383-5606).TERMS: 10% Down at Auction, Balance in 45 Days. Auction For: DTS Rentals Inc.Attorney: Gibson Law Group (717) 279-8313INFORMATION BELIEVED TO BE ACCURATE BUT NOT GUARANTEEDJoel Heisey AuctioneerL&H Auctions Inc.717-383-5606
Live
Auction address
360 East Lehman St.
Lebanon, PA
17046
United States
EAST SIDE LEBANON 6 UNIT W/ 2 BAY SHOP/GARAGE
EAST SIDE LEBANON 6 UNIT W/ 2 BAY SHOP/GARAGE
Auction dates
May 21, 2026 05:00 PM ET
Viewing dates
May 09, 2026 01:00 PM - 03:00 PM ET
May 21, 2026 03:00 PM - 05:00 PM ET
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10% Down at Auction, Balance in 45 Days.
East Side Lebanon 6 Unit w/2 Bay Shop/Garage. 5 Units are 1 Bedroom, 1 Unit is a 2 Bedroom. 5 Units are Month to Month Leases, 1 Unit is a Yearly Lease. 3 Units are on the Main Floor, 2 Units are on the 2nd Floor, 1 Unit on the 3rd Floor. Coin Operated Laundry in Shop is available for Tenants, the 3rd-Floor Apartment has its own Laundry. All Units have Natural Gas Heat & Electric Baseboard. All Appliances convey w/ the property. 24×32 Detached 2 Bay Shop/Garage w/ Elec/Heat/Water.
Rental Income for the Apartments: $4,200 per month. Shed: $200 per month, Laundry: approx. $100 per month. Gross Yearly Income: $54,000. Yearly Expenses: $17,111.* Landlord pays taxes, insurance, gas, trash, water & sewer, and electric for the shop. Landlord sets natural gas heat to 60°. Each unit has its own meter, so the Tenant uses their electric baseboard heat as needed and pays their own electric. Lebanon Schools, City of Lebanon, Zoning: Residential Medium Density, Taxes: $7,698.
*See Brochure for list of Income/Expenses.
NOTE: A nice converted 6-Unit Brick Apartment Building w/ 4 Off-Street Parking Spaces and plenty of On-Street Parking. All units are occupied w/ some long-term tenants & modest rents. A very desirable rental unit to add to your investment portfolio.
OPEN HOUSE: Saturday, May 9, from 1-3 PM, 2 hours before auction, or by appointment (call Joel at 717-383-5606).
TERMS: 10% Down at Auction, Balance in 45 Days.
Auction For: DTS Rentals Inc.
Attorney: Gibson Law Group (717) 279-8313
INFORMATION BELIEVED TO BE ACCURATE BUT NOT GUARANTEED
Joel Heisey Auctioneer
L&H Auctions Inc.
717-383-5606