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101 W PENN AVE Cleona, PA 17042
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Key Details
Sold Price $331,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $78
MLS Listing ID PALN117356
Sold Date 09/03/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 4,200
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $4,181
Tax Year 2021
Lot Size 6,970 Sqft
Acres 0.16
Property Description
Great Investment opportunity! Beautifully updated 3 Unit investment property. Unit 1 is an 1800 square foot 3 level half a house with 3-5 bedrooms, 1.5 baths, open concept first floor. Space for a home office and/or second living area. Unit 2 is a first floor 900 square foot space with a full bath that would make an ideal studio apartment. Unit 3 is a two story 1200 square foot 3 bedroom, 1 bath apartment with an open concept living area. Bedrooms in both residential units are oversized. Could use an island to expand kitchen storage and countertop. An owner occupant could live in one side and rent out the two other units to cover the mortgage. Move right in! Tenants will love the updated interior finishes. This property has a new rubber roof, new windows, 2 new gas furnaces and air handlers, new electric re-wire, new kitchens and bathrooms, all new flooring (lifeproof vinyl planking and stainmaster 70 oz. carpet), New drywall and paint throughout. New Mini-split for Commercial space. New side porch floor and new concrete patio out back. Full basements for lots of storage and future site of laundry areas. There is an accessway built into the curbing near the back of the property for possible off street parking in the future. Must see this property to appreciate it. Lots of income potential. Current owner estimates possible income as follows: unit 1 - $1,500.00/mth unit 2 - $1,000.00/mth Unit 3 - $1,200.00/mth Electric and Gas are separated out. Tenants pay electric and Gas, Owner pays water & sewer. *Square footage is estimated Exterior Bilco type basement door and Lockset on front door of Commercial space are on backorder and will be installed prior to settlement. Sellers will pay for a one year whole house warranty for buyers up to $600.00.
Location
State PA
County Lebanon
Area Cleona Boro (13211)
Zoning CC
Rooms
Basement Full
Interior
Interior Features Store/Office, Floor Plan - Open
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Other
Flooring Laminated, Carpet
Window Features Replacement
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Annville Cleona
School District Annville-Cleona
Others
Tax ID 11-2323213-368215-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Brett James Dunbar • Keller Williams Elite