NOT LISTED FOR SALE

137 - 139 E Walnut St Lancaster, PA 17602

Musser Park Neighborhood
-- Bed
-- Bath
12,513 Sq Ft
0.43 Acres

Last Sold October 23, 2012

Last sale price $450,000 $36 Per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Window Unit Cooling System
  • 4-minute walk to Musser Park
  • No HOA
  • Heating System Uses Steam

About This Home

As of October 2012

Well maintained 12 unit with 9 apartments and 3 commercial units; (2 owner occupied) Rents are low and can be increased. All leases are mo./mo. Approx 22 parking spaces onsite. Sale includes 137 & 139 E. Walnut, & 138 E. Madison; freestanding building w/ print shop on 1st floor and 2 apartments above. Owner willing to lease back 2 commercial spaces for 4 months after sale; then go mo./mo.

Last Agent to Sell the Property

Christine Sable

(717) 475-1022 SableCCIM@gmail.com Sable Commercial Realty Listed on: 06/15/2011

Last Buyer's Agent

Christine Sable

(717) 475-1022 SableCCIM@gmail.com Sable Commercial Realty Listed on: 06/15/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 76 x 249
  • Property is in good condition

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 22 Parking Spaces
  • Off-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heat Pump System
  • Heating System Uses Steam
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3366111600000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $350
  • Fuel Expense $890
  • Insurance Expense $1,500
  • Other Expense $3,700
  • Trash Expense $3,900
  • Operating Expense $26,589
  • Net Operating Income $59,559

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Other Expense: 3700.00
  • Storage: Attic, Basement
  • Year Built: 1887
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 22.00
  • Type Of Parking: Off Street

Utilities

  • Annual Heating Expense: 1879.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 350.00
  • Electric Service: 100 Amp Service, 200+ Amp Service, Circuit Breakers, Fuses
  • Heating Type: Heat Pump(s), Oil, Steam
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 3170.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Land Use Code: R - 4
  • Lot Size Acres: 0.43
  • Lot Dimensions: 76 x 249
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4061812
  • School Tax: 12594.52
  • Tax Annual Amount: 20291.61
  • Assessor Parcel Number: 3366111600000
  • County Tax Payment Frequency: Annually
  • Close Date: 10/23/2012

Multi Family

  • Fuel Expense: 890.00
  • Gross Income: 106440.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 26589.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

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 List to Sale Price per Sq Ft
10/23/2012 10/23/12 Sold $450,000 -25.0% $36 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
06/15/2011 06/15/11 For Sale $600,000 -- $48 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christine Sable

    Seller's Agent in 2012

    Christine Sable

    Sable Commercial Realty

    (717) 475-1022

    10 Total Sales

    Christine Sable
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Map

Source: Bright MLS

MLS Number: 1005899499

Bright MLS
Pennsylvania Lancaster County Lancaster 17602 Musser Park

137 - 139 E Walnut St, Lancaster, PA

This home is located at 137 - 139 E Walnut St, Lancaster, PA 17602 since 15 June 2011. This property was built in 1887. 137 - 139 E Walnut St is a home located in Lancaster County with nearby schools including Fulton El School, Reynolds Middle School, and McCaskey High School.

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