NOT LISTED FOR SALE

200 E Main St Girardville, PA 17935

Estimated Value: $188,000 - $230,000

-- Bed
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $185,000

Est. 11% increase in value since last sale

Current estimated payment $1,340/month

56 Days on Market

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 2024

Exceptional Investment Opportunity: Multi-Unit Property with Strong Rental HistoryDiscover 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

Bradley Bygall

(717) 798-0995 Bbygall@limehouserealty.com Lime House Listed on: 02/06/2024

Co-Listed By

Zachary Bygall

zbygall@limehouserealty.com Lime House License #RS369858

Last Buyer's Agent

Bradley Bygall

(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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,934

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors, Elevator
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Exceptional 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.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Combination
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil, Electric
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: NORTH SCHUYLKILL
  • School District Key: 300200397009
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 101
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Year Assessed: 2023
  • Zoning: MULTIUNIT

Rental Info

  • Ground Rent Exists: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 1605.00
  • Tax Annual Amount: 2934.00
  • Assessor Parcel Number: 45-07-0099
  • Tax Lot: 99
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/28/2024

MLS Schools

  • School District Name: NORTH SCHUYLKILL

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
$204,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,845
Avg. Annual Appreciation
7.49%
Original Mortgage
$148,000
Outstanding Balance
$133,822
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$71,023

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
Source: Public Records

Range of Values:

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Average Value
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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

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

Source: Public Records

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

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Map

Source: Bright MLS

MLS Number: PASK2013854

Bright MLS

APN: 45-07-0099.000