Property
Lebanon, PA 17042 1113 Cumberland Street
$269,000
Pending
35 more
Presented By: Iron Valley Real Estate of Berks
Beds • 10
Beds • 10Home Details
This duplex in Lebanon, PA is an excellent investment opportunity. The first-floor unit is tenant-occupied, providing immediate rental income, while the second-floor apartment is currently vacant, giving you the option to move in, place your own tenant, or renovate for added value. Conveniently located near shopping, schools, and public transportation, the property sits in an area that continues to attract long-term tenants.
With a solid rental history and low-maintenance setup, this duplex is perfect for both seasoned investors and those just starting out. Take advantage of the opportunity to collect rent from day one while also having the flexibility to maximize the potential of the vacant unit.
The owner only pays for water and sewer.
Presented By: Iron Valley Real Estate of Berks
Interior Features for 1113 Cumberland Street
Bedrooms
Three Bedroom Units Count3
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
General for 1113 Cumberland Street
Acceptable FinancingConventional, FHA, Cash
Accessibility2+ Access Exits
Architectural StyleOther
Cap Rate9.81
CityLEBANON
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyLEBANON
DirectionsUSE GPS
Garage Y/NNo
HeatingHot Water
Lease TypeLong Term
Living Area1692
Lot Size Square Feet3485.00
Lot Size UnitsSquare Feet
MLS AreaLebanon City (13201)
MunicipalityLEBANON CITY
Net Operating Income29424.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count1
Operating Expense3576.00
Other StructuresAbove Grade, Below Grade
OwnerPaysSewer, Water, Taxes - Personal property, Taxes - Real Estate
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG158.98
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictLEBANON
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeInterior Row/Townhouse
Tax Annual Amount2180.0
Tax Assessed Value66300.0
Tax Year2025
Total Actual Rent33000.00
Total SQFT1692
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningRES
Exterior for 1113 Cumberland Street
Foundation DetailsBlock
Land Assessed Value8200.00
Land Use Code102
Lot Size Acres0.08
Lot Size SourceAssessor
Navigable Water Y/NNo
Parking Lot - # of Spaces6
PoolNo Pool
Total Parking Spaces6
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner