Skip To Content
    Return to Previous Page

    302 S 6TH Street

    LEBANON, PA 17042
    • $300,000
    • STATUS: Active
    • ON SITE: 417 days
    • ID#: PALN108882
    UPDATED: 69 min ago
    $300,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    School District:

    Description

    Investment Property, Initial Cap Rate over 10%. Situated at the corner of S. 6th St. and Locust Ave. in Lebanon City, the two-story mixed use property consists of a Laundromat (SoapStone Laundry) on the first floor, while the 2nd floor provides five (5) individual rental rooms and one(1) resident bathrooms. Room rentals are consistent and provide stabilized income. Housing density surrounding the site provides notable laundromat demand. Laundromat is classified as an Essential COVID Business.

    Monthly Payment Calculator



    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Home Advisors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-30T23:52:39.963.
    www.lancasterhomesale.com/homes/98792113
    Print Image

    302 S 6TH Street LEBANON, PA 17042

    • Price: $300,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: PALN108882
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1940
    Built
    Neighborhood:
    Lebanon City (13201)
    County:
    Lebanon
    Area:
    Lebanon City (13201)
    School District:
    Lebanon
    Property Description
    Investment Property, Initial Cap Rate over 10%. Situated at the corner of S. 6th St. and Locust Ave. in Lebanon City, the two-story mixed use property consists of a Laundromat (SoapStone Laundry) on the first floor, while the 2nd floor provides five (5) individual rental rooms and one(1) resident bathrooms. Room rentals are consistent and provide stabilized income. Housing density surrounding the site provides notable laundromat demand. Laundromat is classified as an Essential COVID Business.
    Exterior Features

    Construction Materials Vinyl Siding Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 3072.00 Cooling Ductless/Mini-Split Heating Baseboard - Hot Water Heating YN Yes Net Square Feet 3072.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Business Type Other Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Natural Gas Incorporated City Name Lebanon City Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 302032182639 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 2747.00 Tax Assessment Amount 94200.00 Vacation Rental YN No Water Source Public Zoning O&I - Off & Institutional

    Listing courtesy of True Commercial Real Estate, Llc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Home Advisors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-30T23:52:39.963.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_302032182639-2.jpg
    Logo
    Century 21 Home Advisors
    44 W. King St
    Lancaster PA, 17603