507 N Park ST Active

Lebanon,IN 46052

$ 240000

2 Beds

1 Bath

1260 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $190

Subdivision No Subdivision

MLS Listing ID 22069051

Bedrooms 2

Full Baths 1

Year Built 1940

Tax Year 2024

Lot Size 0.290 Acres

Property Sub-Type Single Family Residence

Property Description

Charming 2-Bedroom, 1-Bath Bungalow with Strong Cash Flow - Lebanon, IN Charming 2-bedroom, 1-bath bungalow in the heart of Lebanon, filled with classic character and abundant natural light. The home features original hardwood floors, neutral finishes, and a functional layout with a bright living area, practical kitchen, and utility space with laundry hookups. Spacious bedrooms provide comfort and ample storage. Situated on a generous double lot with a large, level backyard-perfect for gardening, play, or entertaining-and includes a detached garage for additional parking or storage. Conveniently located near downtown shops, dining, and parks. Investment Highlight: The property is currently tenant-occupied under a 24-month lease with approximately 20 months remaining. The tenant pays $1,680 per month, providing immediate, stable income and strong cash flow for the next owner. Tenants' rights apply.

Location

State IN

County Boone

Interior

Heating Natural Gas

Cooling Central Air

Exterior

Exterior Feature Storage Shed

Garage Spaces 2.0

Building

Story One

Foundation Block

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

Middle Schools Lebanon Middle School

High Schools Lebanon Senior High School

School District Lebanon Community School Corp

View More
Favorite Go Tour