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Listed price in listed location currency (USD).
$379,900

000

MLS® PALN2023054

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $3,541
Days Active 152
Approx. Age 1945
MLS® Number PALN2023054

Property Address: 122 Cumberland St, LEBANON, PA, 17042-5446

Average square foot calculated using Size range provided by listing agent.

Description

Build your own investment. This investor special is ready to be put together. This project has an approved plan for 6-2 bedroom units. !!!!Just updated to 9-2 bedroom units!!!! Each unit is spec’ed at having a washer and dryer hookup along with air conditioning. These will be top of the market brand new rentals achieving top rents. Proforma was based on current middle rents. 9 units @$1, 400 per month = $151, 200 per year minus trash, estimated taxes & misc =$141, 900 9% cap rate = $1, 577, 000 value $400, 000-$450, 000 estimated construction costs to get there $1, 577, 000 minus $450, 000 construction costs minus purchase price= instant equity!
MLS® NumberPALN2023054
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1945
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 26, 2025List Date
$379,900List Price
  • Commute

Commute

Starting Address
Destination Address
122 Cumberland St, LEBANON, PA

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