117 Cumberland St, Lebanon, PA 17042

$200,000
3
BD
2
BA
2,424
SqFt

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Sold Price
$200,000
List Price
$199,900
Closing Date
Jun 22, 2026
Status
CLOSED
MLS#
PALN2026176
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,424
Lot Size (Acres)
0.08
Style
Traditional
Year Built
1940
County
Lebanon
School District
Lebanon

Property Description

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!

Additional Information

Area
Lebanon City (13201)
Subdivision
None Available
School District
Lebanon
Heating
Forced Air
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Full, Exterior Entry, Unfinished

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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact:

Selling Office: RE/MAX Evolved.