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Marjorie Dick Stuart

  • Cell 240-731-8079
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122 Cumberland St, LEBANON, PA – $399,900

  • $400k Price
  • 4,784 Sqft
  • .27 Acres
  • 54 DOM
  • $400k Price
  • 4,784 Sqft
  • .27 Acres
  • 54 DOM

122 Cumberland St

Build your own investment. This investor special is ready to be put together. This project has an approved plan for 6-2 bedroom units. Each unit is spec’ed at having a washer and dryer hookup along with air conditioning. These will be top of the market brand new rentals achieving top rents. Proforma was based on current middle rents. Basing on a 8% cap resale rate on a building with very little deferred maintenance when completed, the numbers look like this. Value=$1,140,000 minus repairs estimated to be $304,000 minus your purchase price ($460,000) = immediate equity. ($376,000) Rehab Rental. 9% Cap Rate value at $1500 er month x6 units = $1,018,000 rehab $350,000. Plans are prepared and approved for 6 unit all 2 bedrooms. Looking for $460,000 or best reasonable offer.

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Essential Information

  • MLS® #PALN2023054
  • Price$399,900
  • Bathrooms0.00
  • Square Footage4,784
  • Acres0.27
  • Year Built1945
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address122 Cumberland St
  • AreaLebanon City
  • CityLEBANON
  • CountyLEBANON-PA
  • StatePA
  • MunicipalityLEBANON CITY
  • Zip Code17042

Interior

  • HeatingForced Air
  • CoolingCentral A/C

Exterior

  • ExteriorOther
  • ConstructionOther

Additional Information

  • Date ListedSeptember 29th, 2025
  • Days on Market54
  • ZoningCOMMERCIAL

Listing Details

  • OfficeManor West Realty
  • Office Contact(717) 290-8182
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Price Change History for 122 Cumberland St, LEBANON, PA (MLS® #PALN2023054)

Date Details Price Change
Price Reduced (from $460,000) $399,900 $60,100 (13.07%)

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Listing information last updated on November 22nd, 2025 at 9:40pm CST.