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$225,000

424 N Lebanon Street Lebanon, IN 46052

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Property Description
CASH COW! Move your $$ out of low-interest bank accounts & into real estate to earn $27k+ GOI through this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops, restaurants, library, park & courthouse. Excellent long-term rental history w/ low expense for great cashflow & solid ROI. Main floor features two 2BR apartments that each have access to private, oversized, 1C garages. Upper floor offers two 1BR units. A third garage bay is available & could be leased for more income. Long-term tenants in place, low turn-over rate, professionally managed & could continue to be - this is just such EZ MONEY. All apartments individually metered. Sold w/ tenants' rights. Please do not disturb them!
Address:424 N Lebanon Street Lebanon IN 46052
Status:Active
on site: 63 days
Price:$225,000
Bathrooms:0
Year Built:1900
Lot Size:0.17
County: Boone
Township: Center
School System : Lebanon Community
MLS #:21752391
Property Type:1-4 Units Residential

Lot Dimensions:60x120
Road Access:Frontage Road, CityStreet
Road Surface:Asphalt
Lot Features:Access Alley, Corner, Curbs, Sidewalks, Storm Sewer
Zoning:ZO01
Building Utilities:Separate Electric Meter, Separate Gas Meter, Cable Available, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Directions:From I-65, EXIT #139 SR 39: north to approx 1/4 mile beyond courthouse, on the west side of 39. NO SIGN.
Sq. Ft. Source:Assessor
Basement:Yes
Loan Price
$1,415
Price And Interest $1,174/month
Property Tax $147/month
MTG INS $0/month
HOME INS $94/month
Price
$225,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$147/month
Home Owner Insurance
$1,128 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Richard Leibold
Richard Leibold

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$880
Tax Year:2019
Financial Disclosures:Not Applicable
Other Disclosures:As-Is
Area: 607 - Boone - Center
City:Lebanon
Subdivision: LANE
Zip Code:46052
School System:Lebanon Community
Exterior Features:Driveway Gravel
Exterior Type:Vinyl
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Schedule a Video Chat Tour
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Listing provided courtesy of Carpenter, REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.