SQUARE FEET3,880
MLS#PALN2024488
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLEBANON
Property Description
Great opportunity to own a solid 5-unit mixed-use building with 3 residential apartments and 2 commercial storefronts. The two storefront spaces each rent for $700 per month both will be increased to $900 starting March 1st, and the residential units are rented at $1,030 for unit #1, $1,100 for unit #2, and $1,245 unit #3 with annual gross rents at $57,300.. All 5 units have separate gas heat. The electric is separated except for unit #1 is on owners meter. Major improvements have been made within the last 4 years including updating unit 2 and 3, new roof and new store fronts. This is a great property to add to your investment portfolio offering a strong, diversified income stream from both residential and commercial units making it an attractive addition to any portfolio.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electric, Natural Gas
Heating: Wall Unit, Radiator
Home Style: Dwelling w/Separate Living Area
Lot Size: 0.15 Acres
Roof Type: Rubber, Shingle
Taxes: $5,860
Year Built: 1940
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Lot: Level
Lot Dimensions: 0.15 Acre(S)
Municipality: LEBANON CITY
One Bedroom Units: 2
Parking Notes: Private
Sewer: Public Sewer
Special View Info: City
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 2
Two Bedroom Units: 1
Units: 4
Water: Public
Local Schools
High School: LEBANON
Middle School: LEBANON
School District: LEBANON
Listed By / Shown By
Listed By
Agency Name: Stoltzfus Realty
Agency Phone: 7174073933
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
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Estimated Payment
$ 1,777.16 per month $1,139.49 Principal & Interest $488.33 Property Tax $149.33 Homeowner's Insurance
930 Cumberland Street | MLS# PALN2024488
This multi-family property located at 930 Cumberland Street, Lebanon, PA 17042 is currently listed for sale with an asking price of $512,000. Cumberland Street is located within the LEBANON school district. Search Lebanon real estate on www.homesale.com today.