Seller's Agent in 2024
Bradley Bygall
Lime House
(717) 798-0995
1 in this area
53 Total Sales
200 E Main St Girardville, PA 17935
Estimated Value: $169,000 - $258,000
Studio
2
Baths
--
Sq Ft
4,356
Sq Ft Lot
Highlights
- 0.1 Acre Lot
- 2 Car Attached Garage
- Heating System Uses Oil
- Traditional Architecture
- ENERGY STAR Qualified Equipment for Heating
About This Home
As of May 2024Exceptional Investment Opportunity: Multi-Unit Property with Strong Rental History
Discover a lucrative investment in this well-maintained multi-unit property, strategically positioned to yield impressive returns. Comprising three 2-bedroom units and one 3-bedroom unit, this income-generating asset is a prime example of enduring value in the real estate market.
Key Features:
First Floor Excellence: The first floor boasts two 2-bedroom units leased under the Section 8 program at a competitive rate of $650/month. Tenants are responsible for all utilities, ensuring a hassle-free investment experience.
Second Floor Charm: The second floor offers a 3-bedroom unit, also under Section 8, with tenants contributing $650/month towards rent and covering utilities independently.
Lower Level Luxury: A spacious 2-bedroom unit on the lower level, leased under Section 8 for $850/month, provides a higher rental income while maintaining the convenience of tenant-paid utilities.
Detached House with Garage: The rear detached house, featuring an attached garage, is currently leased for $650/month. The potential for increased rental income, especially by separately renting the garage, opens the door to maximizing returns (potentially $1,000/month).
Income Potential:
This property not only presents a solid financial foundation but also offers room for growth. Cosmetic updates, such as painting and refinishing floors, have the potential to enhance monthly income by an additional $1,000.
Strategic Location:
Situated in an area with a demonstrated demand for Section 8 housing, this investment is well-positioned for stability and growth. The ability to increase rents annually, backed by guaranteed government subsidizing as outlined in the leases, further secures the long-term profitability of this asset.
Tenant Loyalty:
Several tenants have been part of this community since 2009, attesting to the property's appeal and the landlord's commitment to tenant satisfaction.
Don't miss out on this rare opportunity to acquire a multi-unit property with a proven track record and significant potential for increased returns. Contact us today to schedule a viewing and explore the possibilities of this outstanding investment.
Last Agent to Sell the Property
(717) 798-0995 Bbygall@limehouserealty.com Lime House Listed on: 02/06/2024
Last Buyer's Agent
(717) 798-0995 Bbygall@limehouserealty.com Lime House Listed on: 02/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,934
Year Built
- Built in 1955
Lot Details
- 4,356
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Combination Foundation
- Block Foundation
Accessible Home Design
- Accessible Elevator Installed
- Doors are 32 inches wide or more
Utilities
- Heating System Uses Oil
- Electric Water Heater
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- 4,356 Sq Ft Lot
- Basement
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 99
- Assessor Parcel Number 45-07-0099
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2024
Closed on
May 24, 2024
Sold by
Lantz David Z and Lantz Rachel F
Bought by
Stoltzfus Amos S and Stoltzfus Rebecca S
Seller's Agent
Bradley Bygall
Lime House
Buyer's Agent
Bradley Bygall
Lime House
List Price
$235,000
Sold Price
$185,000
Premium/Discount to List
-$50,000
-21.28%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,814
Avg. Annual Appreciation
7.83%
Original Mortgage
$148,000
Outstanding Balance
$133,822
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$75,992
Purchase Details
Closed on
Nov 5, 2019
Sold by
Lebo Justin
Bought by
Lantz David Z and Lantz Rachel F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.6%
Purchase Details
Closed on
Dec 16, 2005
Sold by
Krick Eugene J and Krick Julia
Bought by
Lebo Justin D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stoltzfus Amos S | $185,000 | None Listed On Document | |
| Lantz David Z | $80,000 | None Available | |
| Lebo Justin D | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stoltzfus Amos S | $148,000 | |
| Previous Owner | Lantz David Z | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2024 05/28/24 | Sold | $185,000 | -21.3% | -- |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | For Sale | $235,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,184 | $34,340 | $4,810 | $29,530 |
| 2024 | $2,913 | $34,340 | $4,810 | $29,530 |
| 2023 | $2,913 | $34,340 | $4,810 | $29,530 |
| 2022 | $2,755 | $34,340 | $4,810 | $29,530 |
| 2021 | $2,724 | $34,340 | $4,810 | $29,530 |
| 2020 | $2,679 | $34,340 | $4,810 | $29,530 |
| 2018 | $2,597 | $34,340 | $4,810 | $29,530 |
| 2017 | $2,539 | $34,340 | $4,810 | $29,530 |
| 2015 | -- | $34,340 | $4,810 | $29,530 |
| 2011 | -- | $34,340 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bradley Bygall
-
Zachary Bygall
Z
Seller Co-Listing Agent in 2024
Zachary Bygall
Lime House
1 in this area
25 Total Sales
Map
Source: Bright MLS
MLS Number: PASK2013854
APN: 45-07-0099.000
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