A
Seller's Agent in 2025
Aaron Glick
Lime House
(717) 259-3930
1 in this area
14 Total Sales
916 Cumberland St Lebanon, PA 17042
Downtown Lebanon Neighborhood
--
Bed
--
Bath
2,988
Sq Ft
3,049
Sq Ft Lot
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Wood Siding
- Downtown Location
About This Home
As of September 2025Investor 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,375
Year Built
- Built in 1943
Lot Details
- 3,049 Sq Ft Lot
- Downtown Location
Parking
- Off-Site Parking
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Wood Siding
- Masonry
Interior Spaces
- 2,988 Sq Ft Home
- Unfinished Basement
- Exterior Basement Entry
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02-2337346-369095-0000
Community Details
Overview
- 3 Units
- 2-Story Building
- City Subdivision
Building Details
- Trash Expense $308
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2021
Sold by
Beiler Emanuel L and Beiler Sarah S
Bought by
Churchtown Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$86,879
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$202,113
Purchase Details
Closed on
Nov 29, 2017
Sold by
Mpl Homebuyes Llc
Bought by
Beiler Emanuel L and Beiler Sarah S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 10, 2015
Sold by
Mississippi Land Llc
Bought by
Mpl Homebuyers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
3.76%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 18, 2014
Sold by
Youssef Michael S and Youssef Victor S
Bought by
Mississippi Land Llc
Purchase Details
Closed on
Dec 16, 2005
Sold by
Saleem Mohammad S and Sohail Sadia
Bought by
Youssef Michael S and Youssef Victor S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,720
Interest Rate
6.28%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | None Available | |
| Deed | $115,000 | None Available | |
| Deed | $41,950 | None Available | |
| Sheriffs Deed | $3,638 | None Available | |
| Special Warranty Deed | $80,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $205,000 | Commercial | |
| Previous Owner | $52,000 | Commercial | |
| Previous Owner | $115,000 | Commercial | |
| Previous Owner | $69,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $136,000 | Commercial | |
| Previous Owner | $72,720 | Commercial | |
| Previous Owner | $10,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $289,000 | 0.0% | $97 / Sq Ft |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $289,000 | -2.7% | $97 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $297,000 | -0.3% | $99 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $298,000 | -0.4% | $100 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $299,050 | 0.0% | $100 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $299,000 | -- | $100 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,895 | $120,900 | $8,700 | $112,200 |
| 2024 | $3,711 | $120,900 | $8,700 | $112,200 |
| 2023 | $608 | $120,900 | $8,700 | $112,200 |
| 2022 | $598 | $120,900 | $8,700 | $112,200 |
| 2021 | $577 | $120,900 | $8,700 | $112,200 |
| 2020 | $3,526 | $120,900 | $8,700 | $112,200 |
| 2019 | $3,475 | $120,900 | $8,700 | $112,200 |
| 2018 | $3,375 | $120,900 | $8,700 | $112,200 |
| 2017 | $952 | $120,900 | $8,700 | $112,200 |
| 2016 | $3,285 | $120,900 | $8,700 | $112,200 |
| 2015 | $2,257 | $120,900 | $8,700 | $112,200 |
| 2014 | $2,257 | $120,900 | $8,700 | $112,200 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Glick
-
Wilmer Martin
Buyer's Agent in 2025
Wilmer Martin
Beiler-Campbell Realtors-Quarryville
(717) 333-4881
4 in this area
111 Total Sales
Map
Source: Bright MLS
MLS Number: PALN2019400
APN: 02-2337346-369095-0000
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