348 N 5TH ST
LEBANON, PA 17046

$165,000

Beds: 3
Baths: 1 | 1
Sq. Ft.: 1,040
Type: House
Listing #PALN2027664
Attention Investors! Add immediate cash flow to your portfolio with this income-producing circa-1900 gable-front cottage. This well-maintained single-family rental is leased through May 2027 to long-term tenants who would like to remain, providing stability from day one. The current tenants pay all utilities, including water and sewer, and furnish their own appliances, keeping owner expenses to a minimum. The owner is responsible only for real estate taxes, approximately $823 per year in insurance, and the mortgage. The lease allows the new owner to provide the tenants with a 60-day notice after settlement if desired, offering flexibility for future plans while preserving the option to continue with an established tenancy. Whether you're expanding your rental portfolio or purchasing your first investment property, this turnkey income-producing opportunity is one you won't want to miss.
Listing Courtesy of: RE/MAX Pinnacle (717) 270-8808
Property Features
Location Information
County: LEBANON-PA
Municipality: LEBANON CITY
Cross Street: Weidman
Latitude: 40.34506
Longitude: -76.41957
MLS Area: Lebanon City (13201)
Subdivision: 5TH WARD
Directions: Willow St, north on 5th St. Home will be on the right just past Weidman St.
Interior Features
Full Baths: 1
1/2 Baths: 1
Has Fireplace: Yes
Number of Fireplaces: 1
Heating: Hot Water
Heating Fuel: Natural Gas
Cooling: None, None
Water Heater: Electric
Basement Description: Unfinished, Full
Has Basement: Yes
Accessibility: None
Exterior Features
Style: Cottage, Victorian
Is New Construction: No
Construction: Frame, Stick Built, Vinyl Siding
Foundation: Stone
Roof: Shingle
Septic or Sewer: Public Sewer
Electric: 100 Amp Service
Has Garage: No
Lot Size in Acres: 0.06
Lot Size in Sq. Ft.: 2,614
Zoning: RESIDENTIAL
Condition: Good, Average
Transportation: Bus Stop less than 1 mile
Has Waterfront: No
Has Water Access: No
School
School District: LEBANON
Additional Information
ListDate: 2026-07-27 00:00:00.0
Possession: Settlement
Property Type: SFR
Property SubType: Detached
Levels: 2
Year Built: 1900
Status: Active
Active Adult Community: No
Pets: Pet Addendum/Deposit
Pets Allowed: Yes
Tax Year: 2026
Tax Amount: $1,963
Ownership Interest: Fee Simple
Inclusions: Built in kitchen appliances
Exclusions: All tenant owned items including free standing appliances.
Square Feet Source: Assessor
Is A Condo: No


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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