Bought with Robert R Swayne Jr • Bob Swayne Real Estate
$512,000
$512,000
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930 CUMBERLAND ST Lebanon, PA 17042
6,534 Sqft Lot
Key Details
Sold Price $512,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALN2024572
Sold Date 05/08/26
Year Built 1940
Available Date 2026-02-03
Annual Tax Amount $5,860
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Five Or More Units
Source BRIGHT
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.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning 319 COMMERCIAL-MIXED USE
Interior
Hot Water Electric, Natural Gas
Heating Wall Unit, Radiator
Cooling None
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 9.0
Water Access N
View City
Roof Type Rubber,Shingle
Accessibility None
Total Parking Spaces 9
Garage N
Building
Lot Description Level
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Lebanon
High Schools Lebanon
School District Lebanon
Others
Tax ID 02-2337173-369071-0000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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