Comments for 930 CUMBERLAND STREET , Lebanon, PA 17042
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.
Accessibility: Above Grade, Below Grade
Parking Notes: Private
Cooling: None
Roof Type: Rubber, Shingle
Days on Market: 93
Sewer: Public Sewer
Exterior: Brick
Special View Info: City
Fuel Type: Electric, Natural Gas
Studio Efficiency Units: 2
Heating: Wall Unit, Radiator
Taxes: $5,860
Lot Description: Level
Two Bedroom Units: 1
Lot Dimensions: 0.15 Acre(S)
Units: 4
Lot Features: Level
Water: Public
Lot Size: 0.15 Acres
Year Built: 1940
One Bedroom Units: 2