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About the Listing 1372 - 3234472,3302246
Build your own investment. This investor special is ready to be put together. This project has an approved plan for 6-2 bedroom units. !!!!Just updated to 9-2 bedroom units!!!! Each unit is spec’ed at having a washer and dryer hookup along with air conditioning. These will be top of the market brand new rentals achieving top rents. Proforma was based on current middle rents. 9 units @$1,400 per month = $151,200 per year minus trash, estimated taxes & misc =$141,900 9% cap rate = $1,577,000 value $400,000-$450,000 estimated construction costs to get there $1,577,000 minus $450,000 construction costs minus purchase price= instant equity!
Listing Highlights
Status
Active
Days on Site
85
Property Type
Commercial Sale
MLS ®
PALN2023054
Year Built
1945
Total Square Footage
11,761
Lot/Acreage
0.27
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 21
- Zoning: COMMERCIAL
- Roof:
- Others:
- Sewer: No Septic System,Public Sewer
- Parking Features: Driveway,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,541
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
122 Cumberland St Lebanon, PA 17042
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