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Ram Bala

realtor.ram.bala@gmail.com +1(703) 403-5338

Listed by Aaron Glick • Lime House

$ 298,000

Est. payment -/mo

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Price Dropped by $1K

916 CUMBERLAND ST Lebanon, PA 17042

2,988 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,988 sqft

Price per Sqft $99

Subdivision City

MLS Listing ID PALN2019400

Style Traditional

Abv Grd Liv Area 2,988

Originating Board BRIGHT

Year Built 1943

Available Date 2025-03-26

Annual Tax Amount $3,374

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Twin/Semi-Detached

Property 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/month—totaling $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.

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning RESIDENTIAL

Rooms

Basement Outside Entrance, Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Shingle

Accessibility None

Road Frontage City/County

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Lebanon

Others

Tax ID 02-2337346-369095-0000

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Ram Bala

Agent | License ID: VA:0226036501 MD:576134

+1(703) 403-5338

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Ram Bala

916 CUMBERLAND ST Lebanon, PA 17042

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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916 CUMBERLAND ST