Bought with Wilmer Martin Martin • Beiler-Campbell Realtors-Quarryville
$289,000
$289,000
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916 CUMBERLAND ST Lebanon, PA 17042
3,049 SqFt
Key Details
Sold Price $289,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,049 sqft
Price per Sqft $94
Subdivision City
MLS Listing ID PALN2019400
Sold Date 09/05/25
Style Traditional
Abv Grd Liv Area 2,988
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
Source BRIGHT
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
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