$331,000
$345,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
101 W PENN AVE Cleona, PA 17042
4,200 SqFt
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
Style Traditional
Year Built 1930
Annual Tax Amount $4,181
Tax Year 2021
Lot Size 6,970 Sqft
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
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Other
Flooring Laminated, Carpet
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Annville Cleona
School District Annville-Cleona
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
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Bought with Brett James Dunbar • Keller Williams Elite