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About the Listing EXPREALL - 3297356
Investor opportunity in the heart of Lebanon City! 117 Cumberland Street is a fully occupied 2-unit property offering immediate cash flow with additional upside potential. This solid brick property features a spacious 2-bedroom first floor unit, a 1-bedroom second floor unit, plus 2 garage bays currently generating additional rental income. Current rents are below market value, presenting an opportunity for future income growth. One of the standout features of this property is the massive unfinished third floor, offering the potential to create additional bedrooms, living space, or expanded unit functionality to further maximize rental income. Property highlights include 2 new water heaters, separate garage income, strong rental history, and a prime location along a major roadway with convenient access to shopping, dining, and everyday amenities. Whether you are looking to expand your portfolio or add a value-add investment with future upside, this property is worth a look. An additional opportunity awaits next door as 119 Cumberland Street is also available for purchase. Add two fully occupied and operational investment properties to your portfolio!
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
PALN2026200
Year Built
1940
Total Square Footage
2,424
Lot/Acreage
0.08
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2424
- Below Ground Sq Ft: 0
- Basement: Full,Outside Entrance,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: NEIGHBORHOOD COMMERCIAL
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,461
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
117 Cumberland St Lebanon, PA 17042
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