Great investment opportunity!! 4 unit with 1st floor street facing commercial space and 3 nicely updated residential units with LVP flooring, newer appliances and updated baths/kitchens. Each unit has individual newer electric and hot water heaters. Healthy Cap Rate. Perfect choice to add to your growing portfolio. Convenient, bustling location with CG zoning allows an abundance of uses!
Sold for $469,000 on 05/12/25
$469,000
121 E Cumberland St, Lebanon, PA 17042
4beds
4baths
3,920sqft
Quadruplex
Built in 1940
-- sqft lot
$480,100 Zestimate®
$120/sqft
$1,489 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 08, 2025 at 01:02am
Listed by:
JIM BEDORF 717-462-7227,
Coldwell Banker Realty,
Listing Team: The Bedorf Prince Team, Co-Listing Team: The Bedorf Prince Team,Co-Listing Agent: Jim Bedorf 717-462-7227,
Coldwell Banker Realty
Bought with:
MELODY KIENE, RS207279l
Iron Valley Real Estate
Source: Bright MLS,MLS#: PALN2018482
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Window Unit(s), Electric
Appliances
- Included: Refrigerator, Cooktop, Electric Water Heater
Features
- Dry Wall
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Exterior Entry,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,920
- Total interior livable area: 3,920 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Detached
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Exterior features: Lighting
- Pool features: None
Lot
- Size: 3,920 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0923424353699090000
- Zoning: COMMERCIAL
- Zoning description: General Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Aluminum Siding
- Foundation: Block, Stone
- Roof: Asphalt,Copper,Metal,Pitched
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Lebanon
- Municipality: LEBANON CITY
HOA & financial
Other financial information
- Total actual rent: 46704
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple