$298,000 $1,600 est/mo Sourced by Back At You
916 Cumberland St,LEBANON, PA 17042
LEBANON, PA 17042
Description
Investor alert! Located on Main Street at 916 Cumberland St in the heart of Lebanon, this 3-unit mixed-use property is a prime income-producing asset. The first floor is home to a popular sports bar with a newly signed five-year lease at $925/month, featuring annual rent increases for built-in growth. Upstairs, the two-bedroom residential unit rents for $1,000/month, while the one-bedroom brings in $900/monthtotaling $2,825 in monthly income. The property also includes off-street parking, a valuable amenity in this central location. With strong, steady returns and long-term tenants in place, this is a turnkey investment opportunity you won’t want to miss.
Details
| MLS# | PALN2019400 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1943 |
| Days On Site | 34 |
| Listing Provided By | Lime House | Aaron Glick |
Features
| SQ Feet | 2,988 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | RESIDENTIAL |
| Acreage | 0.07 |
| Water Front | Yes |
Market Activity 17042
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Learn More About This Property
| State | PA |
|---|---|
| County | LEBANON PA |
| City | LEBANON |
| Zip Code | 17042 |
| Area | Lebanon City (13201) |
| Community Name | CITY |
| School District | LEBANON |
| Listing VS Median (in CITY) | |
Price: $298,000 low | high Med: $298,000 SqFt: 2,988 low | high Med: 2,988 $ / SqFt: $100 low | high Med: $100 On site: 34 low | high Med: 34.000000 | |
Listing Updated: April 23, 2025 at 7:56:56 PM PDT