$215,000
SOLD OCT 9, 2024

24 E Main St Ringtown, PA 17967

-- Bed
-- Bath
3,600 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

4% Below List Price

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • Hot Water Baseboard Heater

About This Home

As of October 2024

A remarkable investment opportunity is ready for its next owner. This property should qualify for an FHA owner-occupied purchase -- live in 1 unit and collect rent for the other 3 units, covering your own housing bills! Or, collect rent from all 4 units for a steady stream of positive investment income. Owned by the current owner for many years, this 4 unit property has been well-maintained. Only one unit is presently vacant! The units all have 2-3 bedrooms and 1 bathroom; some units can be made into 3 bedrooms by further finishing the attic spaces. All units have their own laundry hook-up (tenants own their own washers and dryers). All units have separate utilities, including oil furnaces (4 furnaces on site) and some units have a couple electric baseboard heaters, also. Perks include units with newer paint and flooring, recently installed roof (1 year front portion, 6 years back portion), newer electric water heaters for some units (other units have oil hot water), new oil furnace for one unit, regularly maintained oil furnaces for all units, paved off-street parking for all units, landlord-owned refrigerators and stoves in all units. New water meters to all units installed August 2024. Front vinyl siding and storm windows are approximately 15 years old. This is an opportunity you don't want to miss!

Last Agent to Sell the Property

Kamryn Brennan

Keller Williams Platinum Realty - Schuylkill Listed on: 09/10/2024

Keller Williams Platinum Realty - Schuylkill

Last Buyer's Agent

Kamryn Brennan

Keller Williams Platinum Realty - Schuylkill Listed on: 09/10/2024

Keller Williams Platinum Realty - Schuylkill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Stone Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,600 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Paved Parking

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Oil Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 164
  • Assessor Parcel Number 61-03-0164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,964

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-09-10
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: A remarkable investment opportunity is ready for its next owner. This property should qualify for an FHA owner-occupied purchase -- live in 1 unit and collect rent for the other 3 units, covering your own housing bills! Or, collect rent from all 4 units for a steady stream of positive investment income. Owned by the current owner for many years, this 4 unit property has been well-maintained. Only one unit is presently vacant! The units all have 2-3 bedrooms and 1 bathroom; some units can be made into 3 bedrooms by further finishing the attic spaces. All units have their own laundry hook-up (tenants own their own washers and dryers). All units have separate utilities, including oil furnaces (4 furnaces on site) and some units have a couple electric baseboard heaters, also. Perks include units with newer paint and flooring, recently installed roof (1 year front portion, 6 years back portion), newer electric water heaters for some units (other units have oil hot water), new oil furnace for one unit, regularly maintained oil furnaces for all units, paved off-street parking for all units, landlord-owned refrigerators and stoves in all units. New water meters to all units installed August 2024. Front vinyl siding and storm windows are approximately 15 years old. This is an opportunity you don't want to miss!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 20
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 62.50
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 80
  • Water Previous Twelve Months: 960.00
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 211
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: 211 APARTMENT GARDEN

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1212.00
  • Tax Annual Amount: 1964.00
  • Assessor Parcel Number: 61-03-0164
  • Tax Lot: 164
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/09/2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: NORTH SCHUYLKILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 9, 2024
Sold by
Schreffler Robert L
Bought by
Good Family Investors Llc
Seller's Agent
Kamryn Brennan
Keller Williams Platinum Realty - Schuylkill
Buyer's Agent
Kamryn Brennan
Keller Williams Platinum Realty - Schuylkill
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
9
Current Estimated Value
$220,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,605
Avg. Annual Appreciation
-1.17%
Original Mortgage
$215,000
Outstanding Balance
$213,577
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$847
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 Type Sale Price Title Company
Deed $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $215,000 -4.4% $60 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $225,000 -- $63 / Sq Ft
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: PASK2017252

Bright MLS