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For sale
  • Price cut: $1.1K (4/23)
    $298,000

    916 Cumberland St, Lebanon, PA 17042

    3beds
    3baths
    2,988sqft
    : 
    Triplex
    Built in 1943
    -- sqft lot
    $294,700 Zestimate®
    $100/sqft
    $-- HOA

    What's special

    Two residential unitsOff-street parkingPopular sports bar
    Investor alert! Located on Main Street at 916 Cumberland St in the heart of Lebanon, this 3-unit mixed-use property is a prime income-producing asset. The first floor is home to a popular sports bar with a newly signed five-year lease at $925/month, featuring annual rent increases for built-in growth. Upstairs, the two-bedroom residential unit rents for $1,000/month, while the one-bedroom brings in $900/month—totaling $2,825 in monthly income. The property also includes off-street parking, a valuable amenity in this central location. With strong, steady returns and long-term tenants in place, this is a turnkey investment opportunity you won’t want to miss.
    31 days
    on Zillow
    |
    693
    |
    17
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 09:03am

    Listed by:

    Aaron Glick 717-259-3930,

    Lime House (717) 840-1355

    Source: Bright MLS,MLS#: PALN2019400MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 916 Cumberland St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Exterior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,988
    • Total interior livable area: 2,988 sqft

    Property

    Parking
    • Parking features: Off Site, Other
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,049 Square Feet
    • Features: Downtown
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0223373463690950000
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    Materials
    • Masonry, Wood Siding, Brick, Concrete
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: City
    Location
    • Region: Lebanon
    • Municipality: LEBANON CITY

    Financial & listing details

    • Price per square foot: $100/sqft
    • Tax assessed value: $120,900
    • Annual tax amount: $3,374
    • Date on market: 3/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: All Tenant Personal Property
    • Ownership: Fee Simple
    • Total actual rent: 33600
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