NOT LISTED FOR SALE

113 Market St Newport, PA 17074

-- Bed
-- Bath
5,030 Sq Ft
1900 Built

Last Sold October 26, 2017

Last sale price $162,000 $32 Per Sq Ft

440 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 4-minute walk to Newport Veterans Memorial Park
  • Ceiling Fan

About This Home

As of October 2017

MAY WE HAVE YOUR ATTENTION PLEASE???. This multi-family 6 unit rental is Turn-key ready. All units filled, some are long term tenants . All units show well and owner has put more then 18K in repairs since he has owned the property. Solid brick 3 story close to 322 and within walking distance to grocery story and downtown business Total Gross Income 36,960- expenses= Net Profit of 26,394(not including a mortgage with this). All tenants pay for optional off street parking spots of 15 a month w/garage and heat

Last Agent to Sell the Property

Lisa Fraker

American Dreams Realty, LLC License #RM424138 Listed on: 07/13/2016

Last Buyer's Agent

MICHAEL BAIR

Better Homes and Gardens Real Estate Capital Area License #RS332414

Better Homes and Gardens Real Estate Capital Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1900

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 5,030 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, heat, hot water, parking fee
  • Assessor Parcel Number 190,046.04-048.000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Electric Expense $25
  • Insurance Expense $773
  • Trash Expense $648
  • Net Operating Income $26,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: MAY WE HAVE YOUR ATTENTION PLEASE???. This multi-family 6 unit rental is Turn-key ready. All units filled, some are long term tenants . All units show well and owner has put more then 18K in repairs since he has owned the property. Solid brick 3 story close to 322 and within walking distance to grocery story and downtown business Total Gross Income 36,960- expenses= Net Profit of 26,394(not including a mortgage with this). All tenants pay for optional off street parking spots of 15 a month w/garage and heat
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dishwasher, Disposal, Washer, Dryer, Microwave
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Sq Ft: 5030
  • Living Area Sq Ft: 5030
  • Price Per Sq Ft: 33.78
  • Above Grade Finished Sq Ft: 5030
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 113

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 25.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 4800.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: NEWPORT
  • School District Key: 300200396209

Lot Info

  • Zoning Description: Commercial

Rental Info

  • Lease Term: Other
  • Tenant Pays: Cable Tv, Electricity, Heat, Hot Water, Parking Fee
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: Yes
  • Gross Income: 36240.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Vacancy Allowance Rate: 15.00

Tax Info

  • Assessor Parcel Number: 10961860
  • Tax Annual Amount: 3600.00
  • Assessor Parcel Number: 190,046.04-048.000
  • Close Date: 10/26/2017

MLS Schools

  • School District Name: NEWPORT

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
10/26/2017 10/26/17 Sold $162,000 -4.6% $32 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $169,900 +4.9% $34 / Sq Ft
09/16/2017 09/16/17 Off Market $162,000 -- --
09/06/2017 09/06/17 For Sale $169,900 +4.9% $34 / Sq Ft
12/06/2016 12/06/16 Off Market $162,000 -- --
07/13/2016 07/13/16 For Sale $189,900 -- $38 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002666367

Bright MLS

APN: 190,046.04-048.000