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Listed by Jacob Fisher • Hostetter Realty
$ 909,000
Est. payment | /mo
3,049 Sqft Lot
$ 909,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PALN2029134
Year Built 1910
Annual Tax Amount $7,959
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 34.7x91
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Solid income-producing opportunity in Lebanon County! Ridgeview Apartments is a 9-unit, all 1-bed/1-bath brick apartment building totaling 3,900+/- sq ft, situated on a corner lot with on-street parking. Tenants are in place and responsible for their own electric and heat, helping keep operating costs predictable for ownership. Several units have been updated with remodels completed in 2023 and 2025, adding value and reducing near-term capital needs. The building is served by public water and sewer with oil heat, and is conveniently located near Rt 422 & Rt 72 for easy access to shopping, employment, and commuter routes. Current property management is in place and open to continuing on with a new owner, offering a turnkey option for investors seeking a low-hassle addition to their portfolio. Don't miss this well-positioned multi-family asset in a stable rental market.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning R
Interior
Hot Water Oil
Heating None
Cooling None
Heat Source Oil
Exterior
Water Access N
View City
Accessibility None
Garage N
Building
Lot Description Corner, Level, Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Lebanon
High Schools Lebanon
School District Lebanon
Others
Tax ID 02-2337015-368699-0000
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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