119 CUMBERLAND ST, Lebanon, PA 17042
119 CUMBERLAND ST, Lebanon, PA 17042
119 CUMBERLAND ST, Lebanon, PA 17042
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Listed by SARAH LINGLE • EXP Realty, LLC
$189,900
Est. payment /mo
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3 Beds
2 Baths
2,232 SqFt
New

119 CUMBERLAND ST Lebanon, PA 17042

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Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $85

Subdivision None Available

MLS Listing ID PALN2026196

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 2,232

Year Built 1940

Annual Tax Amount $2,365

Tax Year 2025

Lot Size 3,485 Sqft

Acres 0.08

Property Sub-Type End of Row/Townhouse

Source BRIGHT

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.

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning NEIGHBORHOOD COMMERCIAL

Rooms

Basement Full, Outside Entrance, Unfinished

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Inclusions Fridges & Ranges in both apartments

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 4

Foundation Stone

Above Ground Finished SqFt 2232

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 4

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Lebanon

Others

Senior Community No

Tax ID 04-2340999-369681-0000

Ownership Fee Simple

SqFt Source 2232

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby School & Business

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Jim Marks

Jim Marks

Broker Associate | License ID: AB068681

+1(610) 705-4014

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