Bought with CESAR FRANKLIN LIRIANO-TORRES • Iron Valley Real Estate
$176,000
$180,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
237 CUMBERLAND ST Lebanon, PA 17042
6,534 Sqft Lot
Key Details
Sold Price $176,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALN2004714
Sold Date 06/10/22
Style Traditional
Year Built 1930
Available Date 2022-04-22
Annual Tax Amount $2,265
Tax Year 2021
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Detached
Source BRIGHT
Property Description
Calling all investors! This solid brick two-unit consists of two large 2-bedroom apartments with off-street parking, and has an NOI of $15,096, a 8% cap rate, and a cash on cash return of 7.5%! The tenants are on time with the rent and pay their own heat and electric, while the owner pays water, sewer and trash. This property has been well maintained, and is ready to be an asset to your portfolio!
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning RESIDENTIAL
Rooms
Basement Dirt Floor, Full
Interior
Hot Water Electric
Heating Baseboard - Electric, Forced Air
Cooling Central A/C
Fireplaces Number 1
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 3.0
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Architectural Shingle,Rubber
Accessibility 2+ Access Exits
Total Parking Spaces 3
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lebanon
Others
Tax ID 04-2340386-369589-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Financing Cash,Conventional,Exchange,FHA
Special Listing Condition Standard
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