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122 Cumberland Street Lebanon, PA $ 399,900
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$ 399,900 Get more info
122 Cumberland Street
$ 399,900
Back to search
Share Save

122 Cumberland Street

Lebanon, PA, 17042
$ 399,900
Bedrooms-- Baths-- Sq 4,784

Monthly Estimate*

$ 2,462

122 Cumberland Street, Lebanon, PA 17042 - Image 1

Commercial Property for sale in Lebanon, PA

for $399,900. This 4,784 square foot building was built in 1945 on a lot size of 0.27.

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 speced 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!

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Commercial Active

Price

$ 399,900

Property Type

Commercial

Taxes

$ 3,541

Style

Apartment Building

Lot Size

0.27

Year Built

1945

Town/City

Lebanon

County/Region

Lebanon

MLS | Web ID

PALN2023054
Features
Interior
Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer No Septic System Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning COMMERCIAL
Construction Materials Other
Year Built 1945
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LEBANON CITY
Business Type Apartment Building
Accessibility None
County LEBANON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions from Lincoln st. 422 west to property on left
City LEBANON
Number Of Units Total 0
MLS Area Lebanon City (13201)
Lot Size Units Square Feet
Lot Size Square Feet 11761.00
Tax Annual Amount 3541.0
Price Per Sq Ft Total AG 34.0
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Driveway Parking Lot
Water View Y/N N
Building Area Total 11761.00
Lot Size Acres 0.27
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 54200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 122
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* Excluded Features
List By
Manor West Realty

Broker

jongordon.broker@gmail.com

Email

Affordability Calculator

$2,757
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$295
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$399,900 -13.07% Price Down
9/26/2025$460,000 Listed Price

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122 Cumberland Street, Lebanon, PA, 17042 is a Commercial Property for sale at $399,900 with 4,784 sqft and a lot size of 0.27. 122 Cumberland Street was built in 1945. The property's zip code is 17042 which is in Lebanon, PA

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