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INCOME PRODUCING 4 UNIT WITH GARAGE
Listing ID#: 1405764
| Auction Location |
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Lebanon, PA 17042 |
| Auction Dates and Times |
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Saturday May 21, 2022 Completed |
| Auction Type |
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 Live Auction
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| Company Information |
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L & H Auctions, Inc. Contact: Joel A. Heisey Phone: 484-218-8450 Email: joel@heiseyauctions.com Website: www.heiseyauctions.com/ GoToAuction.com ID#: 6358 View company information and listings |
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| Listing Terms and Conditions |
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10% Down at Auction
Balance in 45 Days
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| Listing Information |
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4 UNIT INCOME-PRODUCING PROPERTY
PUBLIC AUCTION
Saturday, May 21, 2022 at 11:00 AM
524 Spruce Street; Lebanon, PA 17046
REAL ESTATE: Four Unit Income Producing Property:
Unit 1: 1st Floor Apartment w/ 2 Bedrooms, 1 Bath, Kitchen, Laundry & Living Room; Nice spacious apartment with access to back yard area. Long term tenant, current rent $800.00. Projected rent $1,000.
Unit 2: 2nd Floor 1 Bedroom Apartment; Nice unit w/ updated flooring. Current rent $700.00 Projected Rent $800.00.
Unit 3: 2nd Floor Apartment w/ 1 Bedroom; Good, Clean Unit Rented for $800.00.
Unit 4: 2nd Floor Efficiency Apartment. Rented for $625.
A Two Bay Garage is Also Rented. Rented for $100.00 Projected Rent $125.00.
OPEN HOUSE: Saturday, MAY 7, from 1-3 PM or One Hour Preview Before Auction.
Total Annual Taxes Approx. $1,600. Owner pays Water, Sewer & Trash. Tenants pay electric.
NOTE: This property is a great investment with over $36,000 in gross revenue per year & potential for more ( Projected $40,200) . 30 Day Leases, Electric heat, each apartment has its own meter. Gas Available with new meters installed.
TERMS: 10% Down at Auction; Balance in 45 Days.
SEE MORE INFO & PHOTOS: wwwheiseyauctions.com
AUCTION FOR: Flippers & Keepers
Attorney: Thomas Long (717) 272-6646 |
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Auction License: AY-002453 |
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