Bought with Salvatore Santelli • RE/MAX Cornerstone
$180,000
$189,900
5.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,232 SqFt
SOLD DATE : 07/09/2026
Key Details
Sold Price $180,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $80
Subdivision None Available
MLS Listing ID PALN2026196
Sold Date 07/09/26
Style Traditional
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 2,232
Year Built 1940
Annual Tax Amount $2,365
Tax Year 2025
Lot Size 3,485 Sqft
Acres 0.08
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Investor opportunity with endless potential! 119 Cumberland Street is a fully occupied 2-unit property offering immediate rental income with incredible future upside. The property currently consists of a spacious 2-bedroom first floor apartment and a 1-bedroom second floor apartment, both occupied with month-to-month leases. There is an additional 1 garage bay that is currently rented as well. Current rents are below market value, creating an excellent opportunity for increased cash flow over time.
One of the most exciting features of this property is the massive unfinished third floor — untapped square footage with endless possibilities. Whether you are looking to expand living space, add additional bedrooms, create a larger owner's unit, or maximize future rental income, the potential is there for the right buyer willing to put in some sweat equity.
This property could work well for a variety of buyers and investment strategies. House hackers may love the ability to live in one unit while collecting rent from the other and renovating the third floor over time. Investors can continue operating the property as-is while improving rents and exploring future value-add opportunities.
Located along a major roadway with convenient access to shopping, dining, and local amenities, this property also offers the rare chance to purchase not just one, but two side-by-side investment properties, as 117 Cumberland Street is also currently available for sale.
These properties are priced to sell and packed with potential. Reach out to the listing agent directly for lease information, income details, and additional property information.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning NEIGHBORHOOD COMMERCIAL
Rooms
Basement Full, Outside Entrance, Unfinished
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 4
Foundation Stone
Above Ground Finished SqFt 2232
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 4
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lebanon
Others
Senior Community No
Tax ID 04-2340999-369681-0000
Ownership Fee Simple
SqFt Source 2232
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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