924 RUSSELL DR Lebanon, PA 17042

191423236 40.315727 -76.42027 230 /listing/191423236-150289598/924-russell-dr-lebanon-pa-17042 False 0 795000.0 5400 101 1002664507 False
  • $795,000
  • 5,400 sqft
  • 1.00 lot
  • Est payment $4267.73/mo

Property & Neighborhood Info

Courtesy Of Suburban Realty

Commercial in LEBANON

Excellent opportunity to own a Modern Office building with long term, Federal Govt. Agency Tenant. Built specifically for local Social Security Office occupancy. Single tenant, Monthly Rent automatically deposited. Two years remaining on current renewal option. Current net operating Incomeof $55,892 is a 7.03% cap Rate. Annual tax escalator, and operating cost adjustments. Seller has retired, relocated to Virginia and plans to exchange into a residential rental there. Operating Expenses listed are an average of 2013 thru 2017 actual expenses.

Courtesy Of Suburban Realty
  1. 5,400 Sq. Ft.
  2. 1.00 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1995
  • Garage: 33.0
  • School District: CORNWALL-LEBANON
  • County: Lebanon
  • Taxes: $18,008.00
  • Tax Year: 2018
  • Zoning: Office
  • Subdivision: Tuck Business Park
  • MLS Number:1002664507

Additional Features

  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Electric
  • Flooring:
    • Carpet
    • Ceramic Tile
    • Vinyl
  • Water Heater:
    • Natural Gas
  • Fireplace Y/N:
    • No
  • Building Area Source:
    • Assessor
  • Building Features:
    • Private Restrooms
    • Public Restrooms
  • Building Square Feet:
    • 6218.00
  • Current Use:
    • Office
  • Location:
    • Corner Lot/Unit
  • New Construction:
    • No
  • Roof:
    • Pitched
    • Shingle
  • Water Source:
    • Public
  • Foundation:
    • Slab
  • Clear Span:
    • 8' to 10'
  • Lot Description:
    • Road Frontage
  • Lot SF Source:
    • Assessor
  • Topography:
    • Level
  • Waterfront:
    • No
  • Electric:
    • 110 Volts
    • 200+ Amp Service
  • Fee Includes:
    • Other
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Accessibility Features:
    • Other
  • Road Maintenance:
    • Boro/Township
  • Road Surface:
    • Black Top
  • Road Frontage:
    • 361
  • Water Access:
    • No
  • Financing:
    • Cash
    • Conventional
  • Gross Income:
    • 110700.00
  • List Type (Exclusive):
    • Exclusive Right
  • Net Operating Income:
    • 55892.00
  • Rental Features:
    • No
  • Assessment Year:
    • 2018
  • Cap Rate:
    • 7.03
  • MLSSystem ID:
    • LCAOR
  • Operating Expense:
    • 38504.00
  • Possession:
    • Settlement
    • Subject to Existing Lease
  • Price Per SQFT:
    • 127.85
  • Total Parking Spaces:
    • 33
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Douglas Yoder
Douglas Yoder
Broker/Owner
Request More Info

924 RUSSELL DR Lebanon, PA 17042

191423236 40.315727 -76.42027 230 /listing/191423236-150289598/924-russell-dr-lebanon-pa-17042 False 0 795000.0 5400 101 1002664507 False
  • $795,000
  • 5,400 sqft
  • 1.00 lot
  • Est payment $4267.73/mo