NOT LISTED FOR SALE

142 E Main St New Holland, PA 17557

-- Bed
-- Bath
8,656 Sq Ft
0.38 Acres

Last Sold August 21, 2020

Last sale price $461,000 $53 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • Attic Fan
  • 3-minute walk to Overly's Grove
  • No HOA
  • Hot Water Heating System

About This Home

As of August 2020

Owner Financing is available! Turnkey operation in New Holland, right along Main Street. Includes 2) commercial spaces, 4) residential units and 2) garages. Includes large parking lot. Several apartments were renovated in 2019, including new kitchens. Separate electric and heat. Good return on investment. Newly signed year leases beginning March 1, 2020 with the exception being the 2) garages, which are month to month.

Last Agent to Sell the Property

Wendell Huyard

(717) 629-2227 wendell@huyardteam.com Coldwell Banker Realty License #RS298371 Listed on: 07/14/2020

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Zimmerman

(717) 405-5748 jeffzimmermanhomes@gmail.com Prime Home Real Estate, LLC License #AB069598

Prime Home Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,789

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 8,656 Sq Ft Home
  • Attic Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Unfinished Basement

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • Garden Spot High School

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, heater maintenance contract, insurance, management, sewer, sewer maintenance, real estate taxes, trash collection, water
  • Assessor Parcel Number 480-57133-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • Income includes apartment rentals, professional offices
  • Insurance Expense $1,000
  • Operating Expense $12,382
  • Gross Income $55,080
  • Net Operating Income $42,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,789

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 8656
  • Living Area Sq Ft: 8656
  • Price Per Sq Ft: 53.14
  • Above Grade Finished Sq Ft: 8656
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: GARDEN SPOT

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Zoning: COMM

Rental Info

  • Owner Pays: Common Area Maintenance, Heater Maintenance Contract, Insurance, Management, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: Yes
  • Units Leased Count: 6
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 4556.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 6789.00
  • Assessor Parcel Number: 480-57133-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Gross Scheduled Income: 55080.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 12382.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7

MLS Schools

  • School District Name: EASTERN LANCASTER COUNTY

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
08/21/2020 08/21/20 Sold $461,000 +0.2% $53 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $460,000 +13.6% $53 / Sq Ft
06/26/2015 06/26/15 Sold $405,000 -9.4% -- View Prior Sale
05/13/2015 05/13/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $446,800 -- --
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: PALA166548

Bright MLS