NOT LISTED FOR SALE

1 E Main St Newburg, PA 17240

-- Bed
-- Bath
3,800 Sq Ft
0.3 Acres

Last Sold October 28, 2020

Last sale price $200,000 $53 Per Sq Ft

76 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Electric Baseboard Heater
  • No HOA
  • Porch
  • Level Lot

About This Home

As of October 2020

GREAT INVESTMENT OPPORTUNITY IN THIS TURN KEY 5-UNIT MULTI-FAMILY PROPERTY LOCATED IN NEWBURG BORO JUST 5 MINUTES FROM SHIPPENSBURG UNIVERSITY. $38,280 ANNUAL INCOME, FULLY RENTED, OFF STREET PARKING & SPACIOUS YARD.

Last Agent to Sell the Property

Jonathan Collins

Real Estate Excel Listed on: 07/12/2020

Last Buyer's Agent

Kristi Lorence Knox

Iron Valley Real Estate of Central PA

Iron Valley Real Estate of Central PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Property is in average condition

Home Design

  • 3,800 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Oven or Range

Parking

  • 9 Parking Spaces
  • 9 Off-Street Spaces
  • Driveway
  • Parking Lot

Outdoor Features

  • Balcony
  • Porch

Schools

  • Shippensburg Area High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, common area maintenance, insurance, lawn/shrub care, repairs, sewer, real estate taxes, trash collection
  • Assessor Parcel Number 24-21-0390-091

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2-Story Building
  • Borough Of Newburg Subdivision

Building Details

  • Net Operating Income $22,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY IN THIS TURN KEY 5-UNIT MULTI-FAMILY PROPERTY LOCATED IN NEWBURG BORO JUST 5 MINUTES FROM SHIPPENSBURG UNIVERSITY. $38,280 ANNUAL INCOME, FULLY RENTED, OFF STREET PARKING & SPACIOUS YARD.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 57.87
  • Above Grade Finished Sq Ft: 3800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Off Street, Parking Lot, Driveway
  • Off Street Parking Spaces: 9

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SHIPPENSBURG AREA
  • High School: SHIPPENSBURG AREA
  • High School Source: Listing Agent
  • School District Key: 300200396699
  • School District Source: Listing Agent
  • High School: SHIPPENSBURG AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 154600.00
  • Land Assessed Value: 39000.00
  • Land Use Code: 211
  • Lot Features: Level
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: COMMUNITY COMMERCIAL

Rental Info

  • Owner Pays: Advertising/Licenses And Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Sewer, Taxes - Real Estate, Trash Collection
  • Total Actual Rent: 38280.00
  • Units Leased Count: 5
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 11164251
  • School Tax: 2304.00
  • Tax Annual Amount: 3197.00
  • Assessor Parcel Number: 24-21-0390-091
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/28/2020

Multi Family

  • Gross Income: 34189.00

MLS Schools

  • School District Name: SHIPPENSBURG AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $200,000 -9.0% $53 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $219,900 -- $58 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Collins

    Seller's Agent in 2020

    Jonathan Collins

    Real Estate Excel

    (717) 386-0367

    158 Total Sales

    Jonathan Collins
    Section Image
  • Kristi Lorence Knox

    Buyer's Agent in 2020

    Kristi Lorence Knox

    Iron Valley Real Estate of Central PA

    (717) 385-5479

    137 Total Sales

    Kristi Lorence Knox
    Section Image
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Map

Source: Bright MLS

MLS Number: PACB125606

Bright MLS
Pennsylvania Cumberland County Newburg 17240

1 E Main St, Newburg, PA

This home is located at 1 E Main St, Newburg, PA 17240 since 12 July 2020. This property was built in 1900. 1 E Main St is a home located in Cumberland County with nearby schools including Shippensburg Area Senior High School, Otterbein School, and Meadow Run School.

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