216 LEHMAN ST, Lebanon, PA 17046
See all 30 photos
216 LEHMAN ST, Lebanon, PA 17046
216 LEHMAN ST, Lebanon, PA 17046
216 LEHMAN ST, Lebanon, PA 17046
216 LEHMAN ST, Lebanon, PA 17046
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Nathan Shelly • Keller Williams Elite
$ 195,000
Est. payment /mo
Save
Coming Soon

216 LEHMAN ST Lebanon, PA 17046

1,380 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $141

MLS Listing ID PALN2029014

Style Traditional

Abv Grd Liv Area 1,380

Year Built 1910

Available Date 2026-10-13

Annual Tax Amount $1,959

Tax Year 2026

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Looking for your first rental or a solid addition to your portfolio? 216 Lehman St is a fully occupied two-unit property with tenants already in place, so you collect rent from day one. The upper unit is a 2-bedroom rented at $950/month, and the lower unit is a 1-bedroom rented at $850/month, for $1,800/month and $21,600 a year in gross scheduled income.

Each unit has its own gas meter, its own gas furnace, and its own gas water heater. Tenants pay their own heat and hot water, and you won't have one system carrying two units or a shared gas bill to split. If something needs repair or replacement, it affects one unit instead of the whole building.

The landlord covers water, sewer, and trash. Utility costs are predictable, and the bundled utilities make the units easier to rent and keep filled. Current rents sit at or below what similar units on Lehman Street are asking, which leaves room to raise rents as leases renew.

With a 2-bed and a 1-bed under one roof, the property draws two different tenant pools, which helps limit vacancy risk. It's also a straightforward setup for a new investor learning the landlord side, or a house-hacker who wants to live in one unit while the other helps pay the mortgage.

Located in the city of Lebanon, close to downtown, shopping, and major routes toward Hershey, Harrisburg, and Lancaster. This is a great addition to your portfolio, or a great way to start one!

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning 102

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Equipment Built-In Range, Refrigerator

Appliance Built-In Range, Refrigerator

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Street Surface Black Top,Paved

Accessibility 2+ Access Exits

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 1380

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

School District Lebanon

Others

Tax ID 05-2340359-371677-0000

Ownership Fee Simple

SqFt Source 1380

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Lisa Jackson

Lisa Jackson

License ID: MD (5006876) & DE (RS-0038166)

+1(717) 649-7248

GET MORE INFORMATION

Name
Phone*
Message
Go tour this home

216 LEHMAN ST