114 Center St Cleona, PA 17042
This exceptional multifamily investment property, located at 114 N Center St, Cleona, PA 17042, presents a compelling opportunity for discerning investors. Priced at $399,900, this property offers significant potential for income generation. Classified as both multifamily and commercial, this building is a duplex, triplex, or quadplex (exact unit count not specified). The property boasts an impressive annual income of $45,600. Situated in Lebanon County, Pennsylvania, this investment is conveniently located at 40.3388583 latitude and -76.4758515 longitude. The property is categorized as multifamily and land. Prospective buyers should note that a 24-hour notice is required for property viewings. This is a rare chance to acquire a proven income-producing asset in a desirable location. The property's strong financial performance and strategic location make it an attractive addition to any investment portfolio. Serious inquiries are encouraged to schedule a viewing and explore the full potential of this remarkable opportunity. Further details regarding the exact unit configuration are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.