Cleona, PA 17042,101 W PENN AVE
Cleona, PA 17042,101 W PENN AVE
Cleona, PA 17042,101 W PENN AVE
$331,000
Est. payment /mo
$345,000
4.1%
Est.Price: ?

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4,200 SqFt
SOLD DATE : 09/03/2021

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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Bright MLS (BMLS)
Listed by Jody Artz • Howard Hanna Krall Real Estate
Bought with Brett James Dunbar • Keller Williams Elite

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agent

Bob Gauger

+1(240) 286-4447

Broker Associate | License ID: 312506

Broker Associate License ID: 312506

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