Absolute Real Estate Auction - Lebanon City Investment

Absolute Real Estate Auction - Lebanon City Investment

Lebanon City Investment Properties Sold to the Highest Bidder!

Inspection - One Hour Prior to the Auction

Deeded separately but shared boiler heat and hot water system

(2) 3-story buildings with one 1-bedroom/1-bath unit per building per floor for a total of 6 units.

Floor layouts identical for each building and second floor units could possibly be utilized as 2-bedrooms.

1st and 2nd floors are walk through units and include bedroom, living, bath, dining, and kitchen.

2nd floor front rooms also have an alcove off to the side which has a window and could be used as a small bedroom or study.

3rd floor units are designed around a central hallway and have bedroom, shower bath, living, and eat-in kitchen. 

Repairs - Building requires replacement plumbing and wall repairs due to vandalism and theft.

11 has an earth basement 

13 has cement basement. Oil fired boiler. 

Buildings wired for 3 electric meters each plus one landlord meter for hallways, stairways, and basements of both buildings. No utilities currently turned on.

Small shared fenced yard and heavy duty fire escape stairs from 2nd floor balconies and 3rd floor bedroom.

11 S. 4th St.

Lebanon County, Lebanon City

Tax ID - 04-2339809-369288-0000

Assessed Value - $54,300

Taxes - $1,516

Building Sq. Ft. - 2,420

13 S. 4th St.

Lebanon County, Lebanon City

Tax ID - 04-2339797-369272-0000

Assessed Value - $52,200

Taxes - $1,457

Building Sq. Ft. - 2,290

Terms - A deposit of $5,000 will be collected on the day of the auction. A 10% buyer premium or $5,000 buyer fee, whichever is greater, will be added to the final purchase price. The balance will be due in 30 days.