$1,000,000
SOLD SEP 9, 2024

130 S Penn St Manheim, PA 17545

-- Bed
-- Bath
9,400 Sq Ft
0.38 Acres

Recently Sold

$106 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • A-Frame Home
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Corner Lot
  • Central Air
  • Heat Pump System

About This Home

As of September 2024

We are allowing showings on Tuesday, August 6th from 5-7 pm and Thursday, August 8th from 5-7 pm.
We will Be onsite to assist. We would appreciate if You schedule on showing time but is not required

We do not plan on allowing any other showings unless we do not receive an acceptable offer. This is to make it as easy as possible for the tenants. Thank you for your understanding.

THIS IS A 7 UNIT APARTMENT BUILDING

Amazing Opportunity in Manheim!
Discover this fantastic 7-unit apartment building, a gem situated in a lovely neighborhood within the Manheim Central School District. Built in 2017, this property is in excellent condition and offers a superb investment opportunity with impressive cash flow and minimal maintenance for years to come.

Property Highlights:

Modern Construction: Built in 2017, ensuring contemporary design and up-to-date features.
Unit Breakdown: Six spacious 2-bedroom units and one large 1-bedroom unit, perfect for attracting a variety of tenants.
Comfort and Convenience: Each unit is equipped with central air, ensuring year-round comfort for your tenants.
Ample Storage: Every apartment comes with its own storage unit located in the basement, providing additional convenience.
Tenant Amenities: The property includes a coin-operated laundry mat, a convenient feature for tenants.
Divided Utilities: Each unit has separate utilities, simplifying management and billing.
Location Benefits: Nestled in a very nice neighborhood within the sought-after Manheim Central School District.
Low Maintenance: Designed for low upkeep, ensuring a hassle-free investment.
Financial Details:

Great Cash Flow: With a strong rental market in the area, this property promises a steady income stream.
Don’t miss out on this exceptional opportunity to own a prime piece of real estate in Manheim. Contact us today to schedule a private showing and see firsthand the potential this property holds!

Call us for a private showing!

Last Agent to Sell the Property

Jake Fisher

Hostetter Realty License #RS325195 Listed on: 08/01/2024

Co-Listed By

John Glick

Hostetter Realty LLC

Last Buyer's Agent

Wendy Wills

Keller Williams Elite License #AB066874

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,030

Year Built

  • Built in 1957

Lot Details

  • 0.38 Acre Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • 9,400 Sq Ft Home
  • A-Frame Home
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Schools

  • Manheim Central High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 400-65940-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,030

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Exclusions: personal property owned by the tennants
  • Inclusions: As seen except personal proeprty owned by tennants
  • New Construction: No
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: We are allowing showings on Tuesday, August 6th from 5-7 pm and Thursday, August 8th from 5-7 pm. We will Be onsite to assist. We would appreciate if You schedule on showing time but is not required We do not plan on allowing any other showings unless we do not receive an acceptable offer. This is to make it as easy as possible for the tenants. Thank you for your understanding. THIS IS A 7 UNIT APARTMENT BUILDING Amazing Opportunity in Manheim! Discover this fantastic 7-unit apartment building, a gem situated in a lovely neighborhood within the Manheim Central School District. Built in 2017, this property is in excellent condition and offers a superb investment opportunity with impressive cash flow and minimal maintenance for years to come. Property Highlights: Modern Construction: Built in 2017, ensuring contemporary design and up-to-date features. Unit Breakdown: Six spacious 2-bedroom units and one large 1-bedroom unit, perfect for attracting a variety of tenants. Comfort and Convenience: Each unit is equipped with central air, ensuring year-round comfort for your tenants. Ample Storage: Every apartment comes with its own storage unit located in the basement, providing additional convenience. Tenant Amenities: The property includes a coin-operated laundry mat, a convenient feature for tenants. Divided Utilities: Each unit has separate utilities, simplifying management and billing. Location Benefits: Nestled in a very nice neighborhood within the sought-after Manheim Central School District. Low Maintenance: Designed for low upkeep, ensuring a hassle-free investment. Financial Details: Great Cash Flow: With a strong rental market in the area, this property promises a steady income stream. Don’t miss out on this exceptional opportunity to own a prime piece of real estate in Manheim. Contact us today to schedule a private showing and see firsthand the potential this property holds! Call us for a private showing!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Concrete
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Total Sq Ft: 9400
  • Living Area Sq Ft: 9400
  • Price Per Sq Ft: 98.83
  • Above Grade Finished Sq Ft: 9400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 130

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • School District: MANHEIM CENTRAL
  • High School: MANHEIM CENTRAL
  • School District Key: 300200397379
  • School District Source: Listing Agent
  • High School: MANHEIM CENTRAL

Lot Info

  • Land Use Code: 513
  • Lot Size Acres: 0.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R4 RESIDENTIAL
  • Zoning Description: R4 District (Residential High-Density Dwellings and Commercial Services). For info only, Consult Your attorney for legal descrip

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 11339.00
  • Tax Annual Amount: 17030.00
  • Assessor Parcel Number: 400-65940-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/09/2024

MLS Schools

  • School District Name: MANHEIM CENTRAL

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
09/09/2024 09/09/24 Sold $1,000,000 +7.6% $106 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $929,000 -- $99 / 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: PALA2054730

Bright MLS