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MLS: #PALN2027660, Listed By: Gerald Gostomski, RE/MAX Pinnacle, Source:Bright MLS

757 Locust Street

LEBANON, PA 17042
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Bed 3

Bed

Bath 1

Bath

SqFt1,392

Sqft

Acres0.03

Acre(Lot)

Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer. Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance. The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to v acate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.

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Detail Ic Property Details

Property Type : Residential

Price : $155,000

AD Id : 88504573

MLS Id : PALN2027660

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 1,392

Year Built : 1930

County : LEBANON

Subdivision: Ward 1

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Forced Air Cooling: None

  • Building Information

    Year Built: 1930 Building Area Total: 2040 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1307

    Property Information

    Subdivision: WARD 1 Source Property Type: Residential Postal Code Plus 4: 6030 Property SubType: Townhouse Levels: Two Property Age: 96

  • Listing Price Information

    Listing Price: $155000

  • Tax Information

    Parcel Number: 01-2338320-367714-0000 Tax Year: 2026 Annual Tax: $1739

  • Parking Information

    On Street, Other

    Garage Information

    Pets Allowed: Yes

  • School Information

    Elementary School:
    Junior High School: LEBANON
    Senior High School: LEBANON
  • Location Information

    Direction: Walnut to S Liberty St, Right on Locust. Home will be on right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
308 Boyd Street, Lebanon, PA, 17042 $220,000 2 4 1,330 1,330 SqFt
313 Acorn Circle, Lebanon, PA, 17042 $290,000 3 3 1,440 1,440 SqFt
523 E Walnut Street, Lebanon, PA, 17042 $225,000 4 3 1,839 1,839 SqFt
156 S Hanover Street, Lebanon, PA, 17042 $185,000 3 1 1,180 1,180 SqFt
11 Sue Circle Cir, Lebanon, PA, 17042 $279,900 3 3 1,797 1,797 SqFt
126 Riders Way Way, Lebanon, PA, 17042 $249,900 2 2 1,266 1,266 SqFt
834 Locust Street, Lebanon, PA, 17042 $159,900 3 2 1,122 1,122 SqFt
825 Walnut Street, Lebanon, PA, 17042 $140,000 3 2 1,770 1,770 SqFt
312 S 12th Street, Lebanon, PA, 17042 $239,500 4 2 1,736 1,736 SqFt
138 Foundry Lane, Lebanon, PA, 17042 $319,700 3 3 1,710 1,710 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/03/2026 @ 23:09

MLS: PALN2027660 LISTED BY: Gerald Gostomski, RE/MAX Pinnacle 717-270-8808 SOURCE: Bright MLS

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