Description
Investor 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 wont want to miss.
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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2,988SQFT
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$100$/SQFT
Description
Investor 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 wont want to miss.
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