117 Cumberland St, Lebanon, PA 17042
Local realty services provided by:CENTURY 21 Mertz & Associates
117 Cumberland St,Lebanon, PA 17042
$199,900
- 3 Beds
- - Baths
- 2,424 sq. ft.
- Multi-family
- Pending
Listed by: sarah lingle
Office: exp realty, llc.
MLS#:PALN2026200
Source:BRIGHTMLS
Price summary
- Price:$199,900
- Price per sq. ft.:$82.47
About this home
Investor opportunity in the heart of Lebanon City! 117 Cumberland Street is a fully occupied 2-unit property offering immediate cash flow with additional upside potential. This solid brick property features a spacious 2-bedroom first floor unit, a 1-bedroom second floor unit, plus 2 garage bays currently generating additional rental income.
Current rents are below market value, presenting an opportunity for future income growth. One of the standout features of this property is the massive unfinished third floor, offering the potential to create additional bedrooms, living space, or expanded unit functionality to further maximize rental income.
Property highlights include 2 new water heaters, separate garage income, strong rental history, and a prime location along a major roadway with convenient access to shopping, dining, and everyday amenities. Whether you are looking to expand your portfolio or add a value-add investment with future upside, this property is worth a look.
An additional opportunity awaits next door as 119 Cumberland Street is also available for purchase. Add two fully occupied and operational investment properties to your portfolio!...
Contact an agent
Home facts
- Year built:1940
- Listing ID #:PALN2026200
- Added:24 day(s) ago
- Updated:June 06, 2026 at 07:30 AM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Full, Outside Entrance, Unfinished
- Living area:2,424 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1940
- Building area:2,424 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Traditional
- Construction Materials:Brick, Stone
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$82.47
- Tax amount:$2,461 (2025)
Parking
- Parking description:On Street
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