Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1940
Sq.Footage
2,424
Investor opportunity in the heart of Lebanon City! 117 Cumberland Street is a fully occupied 2-unit property offering immediate cash flow with additional upside potential. This solid brick property features a spacious 2-bedroom first floor unit, a 1-bedroom second floor unit, plus 2 garage bays currently generating additional rental income. Current rents are below market value, presenting an opportunity for future income growth. One of the standout features of this property is the massive unfinished third floor, offering the potential to create additional bedrooms, living space, or expanded unit functionality to further maximize rental income. Property highlights include 2 new water heaters, separate garage income, strong rental history, and a prime location along a major roadway with convenient access to shopping, dining, and everyday amenities. Whether you are looking to expand your portfolio or add a value-add investment with future upside, this property is worth a look. An additional opportunity awaits next door as 119 Cumberland Street is also available for purchase. Add two fully occupied and operational investment properties to your portfolio!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
2424.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stone
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.08
-
Lot Size(square feet)
3485.0
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Traditional
Price
-
Sales Price
$199,900
-
Tax Amount
$2,461
-
Sq. Footage
2, 424
-
Price/SqFt
$82
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LEBANON
Elementary School
Middle School
High School
Listing Courtesy of SARAH LINGLE , EXP Realty, LLC
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AGENT
Michele Barkman
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