Seller's Agent in 2024
Bradley Bygall
Lime House
(717) 798-0995
1 in this area
49 Total Sales
Estimated Value: $188,000 - $230,000
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
(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
| 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 |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stoltzfus Amos S | $148,000 | |
| Previous Owner | Lantz David Z | $135,000 |
| 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 | -- | -- |
| 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 |
Seller's Agent in 2024
Bradley Bygall
Lime House
(717) 798-0995
1 in this area
49 Total Sales
Z
Seller Co-Listing Agent in 2024
Zachary Bygall
Lime House
1 in this area
23 Total Sales
Source: Bright MLS
MLS Number: PASK2013854
APN: 45-07-0099.000