$250,000

202 E CUMBERLAND ROAD, Enola, PA 17025

  • 2,040 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Back to the market due to buyers terminating right before closing (home appraised at value). Welcome to this newly renovated two-unit property, which includes a three-bedroom, one-bath unit on the second and third floors and a two-bedroom, one-bath unit on the first floor. This home could easily be used as a single-family residence and would work for multi-generational living, or it could be a high-income producing investment property. The cap rate on this one will be over 10% which is extremely hard to find in this competitive seller's market at an estimated $2800 per month rented as a multi-family unit or $2500 per month as a single-family home. The seller is willing to fill the rental with tenants if the buyer prefers, or the buyer could purchase one and live in the other and let the rent pay for the mortgage. This is one of the most affordable ways for a first-time homebuyer to purchase their first home, and the possibilities are endless on this one! Don't delay, make this home your own today!

Listing Status:
Active
Date Added:
May 3, 2025 at 05:00AM
Listing Office:
RE/MAX Realty Associates : 7177616300
Listing Agent:
TONYA M LUCAS : 7176082426
MLS ID:
PACB2041578
  • General: Kitchen - Eat-InFormal/Separate Dining Room
  • Appliances: Oven/Range - GasDryer
  • Basement: Poured ConcreteWalkout LevelFullInterior AccessSump PumpUnfinished
  • A/C: Ceiling Fan(s)
  • Heating: YRadiatorNatural Gas
  • Disability Feature: 2+ Access Exits

This listing courtesy of TONYA M LUCAS, RE/MAX Realty Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Pennsboro Elementary School

840 Panther Pkwy, Enola, PA, 17025

Grades KG-5

0.89 miles away

E

East Pennsboro Area Middle School

529 Panther Pkwy, Enola, PA, 17025

Grades 6-8

0.81 miles away

E

East Pennsboro Area Sr High School

425 W Shady Ln, Enola, PA, 17025

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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