BEDS0
BATHS
SQUARE FEET2,232
MLS#PALN2026198
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLEBANON
Property Description
Investor opportunity with endless potential! 119 Cumberland Street is a fully occupied 2-unit property offering immediate rental income with incredible future upside. The property currently consists of a spacious 2-bedroom first floor apartment and a 1-bedroom second floor apartment, both occupied with month-to-month leases. There is an additional 1 garage bay that is currently rented as well. Current rents are below market value, creating an excellent opportunity for increased cash flow over time. One of the most exciting features of this property is the massive unfinished third floor — untapped square footage with endless possibilities. Whether you are looking to expand living space, add additional bedrooms, create a larger owner's unit, or maximize future rental income, the potential is there for the right buyer willing to put in some sweat equity. This property could work well for a variety of buyers and investment strategies. House hackers may love the ability to live in one unit while collecting rent from the other and renovating the third floor over time. Investors can continue operating the property as-is while improving rents and exploring future value-add opportunities. Located along a major roadway with convenient access to shopping, dining, and local amenities, this property also offers the rare chance to purchase not just one, but two side-by-side investment properties, as 117 Cumberland Street is also currently available for sale. These properties are priced to sell and packed with potential. Reach out to the listing agent directly for lease information, income details, and additional property information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Outside Entrance, Unfinished
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.08 Acres
Taxes: $2,365
Year Built: 1940
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 6
Exterior: Brick, Stone
Lot Dimensions: 0.08 Acre(S)
Municipality: LEBANON CITY
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 1
Units: 2
Water: Public
Local Schools
School District: LEBANON
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8883977352
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 675.11 per month $422.64 Principal & Interest $197.08 Property Tax $55.39 Homeowner's InsuranceChange Payment Information
119 Cumberland Street | MLS# PALN2026198
This multi-family property located at 119 Cumberland Street , Lebanon, PA 17042 is currently listed for sale with an asking price of $189,900. Cumberland Street is located within the LEBANON school district. Search Lebanon real estate on www.realtymark.net today.