NOT LISTED FOR SALE

101 E Main St Mechanicsburg, PA 17055

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $495,000

118 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Attic Fan
  • Mechanicsburg Area Senior High School Rated A-
  • Outdoor Storage
  • Forced Air Heating and Cooling System

About This Home

As of December 2016

WOW! What a rare opportunity to own this incredible investment property right in the heart of Mechanicsburg! Check out that cash flow! 8 unit apartment building with 3 unit Commercial Warehouse in rear. This kind of opportunity to have a turn key investment property could jump start your career change or add incredible value to your portfolio. This kind comes around once in a decade.

Last Agent to Sell the Property

Jesse Gantt

Redfin Corporation License #RS306420 Listed on: 06/21/2016

Redfin Corporation

Last Buyer's Agent

Jason Bytof

Keller Williams of Central PA License #RS331808

Keller Williams of Central PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,889

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Rubber Roof
  • Stucco

Attic

  • Attic Fan

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Less than 60 Amp Service

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, insurance, management, real estate taxes, repairs
  • Assessor Parcel Number 18230565114

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $3,013
  • Insurance Expense $1,230
  • Maintenance Expense $10,579
  • Manager Expense $974
  • Trash Expense $4,397
  • Operating Expense $21,781
  • Net Operating Income $32,518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,889

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: WOW! What a rare opportunity to own this incredible investment property right in the heart of Mechanicsburg! Check out that cash flow! 8 unit apartment building with 3 unit Commercial Warehouse in rear. This kind of opportunity to have a turn key investment property could jump start your career change or add incredible value to your portfolio. This kind comes around once in a decade.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Street Number Modifier: 101

Exterior Features

  • Construction Materials: Brick, Stucco
  • Construction Completed: No
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Composite, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Attic Fan, Central A/C, Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 3013.00
  • Electric Service: Less Than 60 Amp Service, 100 Amp Service, 200+ Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard, Forced Air
  • Heating: Yes
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1588.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No
  • Professional Management Expense: 974.00

Schools

  • School District: MECHANICSBURG AREA
  • School District Key: 300200396842

Lot Info

  • Zoning Description: Commercial

Rental Info

  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Insurance, Management, Taxes - Real Estate, Repairs
  • Vacation Rental: No

Multi Family

  • Gross Income: 54298.00
  • Metering: Fully Separate
  • Operating Expense: 21781.00

Tax Info

  • Tax Annual Amount: 5889.00
  • Assessor Parcel Number: 18230565114
  • Tax Year: 2015
  • Close Date: 12/16/2016

MLS Schools

  • School District Name: MECHANICSBURG AREA

Range of Values:

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Sold Price
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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
12/16/2016 12/16/16 Sold $495,000 0.0% --
10/17/2016 10/17/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $495,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,680 $241,500 $55,100 $186,400
2024 $5,487 $241,500 $55,100 $186,400
2023 $4,347 $241,500 $55,100 $186,400
2022 $5,097 $241,500 $55,100 $186,400
2021 $4,914 $241,500 $55,100 $186,400
2020 $4,811 $241,500 $55,100 $186,400
2019 $6,083 $241,500 $55,100 $186,400
2018 $4,648 $241,500 $55,100 $186,400
2017 $4,466 $241,500 $55,100 $186,400
2016 -- $241,500 $55,100 $186,400
2015 -- $241,500 $55,100 $186,400
2014 -- $241,500 $55,100 $186,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jesse Gantt

    Redfin Corporation

    Section Image
  • Jason Bytof

    Buyer's Agent in 2016

    Jason Bytof

    Keller Williams of Central PA

    (717) 673-6875

    3 in this area

    113 Total Sales

    Jason Bytof
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002747523

Bright MLS

APN: 16-23-0567-001

Pennsylvania Cumberland County Mechanicsburg 17055

101 E Main St, Mechanicsburg, PA

This home is located at 101 E Main St, Mechanicsburg, PA 17055 since 21 June 2016. This property was built in 1900. 101 E Main St is a home located in Cumberland County with nearby schools including Mechanicsburg Middle School, Mechanicsburg Area Senior High School, and West Shore Christian Academy.

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