Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2232.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • 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 Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $189,900

  • Tax Amount

    $2,365

  • Sq. Footage

    2, 232

  • Price/SqFt

    $85

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

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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LEBANON

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Listing Courtesy of SARAH LINGLE , EXP Realty, LLC

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Michele Barkman

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Investor opportunity with endless potential! 119 Cumberland Street is a fully occupied 2-unit property offering immediate rental income with incredible future upside. The property currently consists of a spacious 2-bedroom first floor apartment and a 1-bedroom second floor apartment, both occupied with month-to-month leases. There is an additional 1 garage bay that is currently rented as well. Current rents are below market value, creating an excellent opportunity for increased cash flow over time.

One of the most exciting features of this property is the massive unfinished third floor — untapped square footage with endless possibilities. Whether you are looking to expand living space, add additional bedrooms, create a larger owner's unit, or maximize future rental income, the potential is there for the right buyer willing to put in some sweat equity.

This property could work well for a variety of buyers and investment strategies. House hackers may love the ability to live in one unit while collecting rent from the other and renovating the third floor over time. Investors can continue operating the property as-is while improving rents and exploring future value-add opportunities.

Located along a major roadway with convenient access to shopping, dining, and local amenities, this property also offers the rare chance to purchase not just one, but two side-by-side investment properties, as 117 Cumberland Street is also currently available for sale.

These properties are priced to sell and packed with potential. Reach out to the listing agent directly for lease information, income details, and additional property information.

119 CUMBERLAND STREET

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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!
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