NOT LISTED FOR SALE

263 N Spring St Middletown, PA 17057

-- Bed
4 Baths
2,095 Sq Ft
1,742 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $93,800 $45 Per Sq Ft

Highlights

  • No HOA
  • Space Heater
  • Wood Siding
  • Baseboard Heating

About This Home

As of May 2015

Rock Solid Rental! Fully rented 4 unit within walking distance of Penn State Middletown and soon to be constructed new transportation center. Good rental history with tenant paying their own heat, electric and trash. Third unit recently renovated. Property produces a return greater than 12%. Your not going to find that rate of return in a bank or CD. Take advantage of tax benefits of real estate investing. Low maintenance.

Last Agent to Sell the Property

Tim Clouser

(717) 441-2800 timclouser@remax.net RE/MAX Realty Select License #AB051801L Listed on: 03/13/2015

RE/MAX Realty Select

Last Buyer's Agent

Joette Swartz

(717) 319-4152 JoetteSwartz@remax.net RE/MAX Realty Select License #RS311657

RE/MAX Realty Select

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 78 x 21.8

Parking

  • On-Street Parking

Home Design

  • 2,095 Sq Ft Home
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Kitchen

  • Gas Oven or Range

Laundry

  • Dryer
  • Washer

Schools

  • Robert G. Reid Elementary School
  • Middletown Area
  • Middletown Area High School

Utilities

  • Space Heater
  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooking fuel, electricity, gas, heat, hot water, trash removal, cable TV
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 41-003-033-000-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $900
  • Net Operating Income $11,887

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Rock Solid Rental! Fully rented 4 unit within walking distance of Penn State Middletown and soon to be constructed new transportation center. Good rental history with tenant paying their own heat, electric and trash. Third unit recently renovated. Property produces a return greater than 12%. Your not going to find that rate of return in a bank or CD. Take advantage of tax benefits of real estate investing. Low maintenance.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Washer, Dryer
  • Fireplace: No
  • Total Sq Ft: 2095
  • Living Area Sq Ft: 2095
  • Price Per Sq Ft: 47.68
  • Above Grade Finished Sq Ft: 2095
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 263

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Fiberglass, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard, Space Heater
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MIDDLETOWN AREA
  • Elementary School: ROBERT G. REID
  • Middle School: MIDDLETOWN AREA
  • High School: MIDDLETOWN AREA HIGH SCHOOL
  • School District Key: 300200396875
  • Elementary School: ROBERT G. REID
  • High School: MIDDLETOWN AREA HIGH SCHOOL
  • Middle Or Junior School: MIDDLETOWN AREA

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 78 x 21.8
  • Property Attached Yn: Yes
  • Zoning Description: Residential

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Cooking Fuel, Electricity, Gas, Heat, Hot Water, Trash Removal, Cable Tv
  • Vacation Rental: No

Multi Family

  • Gross Income: 19020.00
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10586951
  • Tax Annual Amount: 2897.00
  • Assessor Parcel Number: 41-003-033-000-0000
  • Tax Year: 2015
  • Close Date: 05/29/2015

MLS Schools

  • School District Name: MIDDLETOWN AREA

Range of Values:

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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
05/29/2015 05/29/15 Sold $93,800 -6.1% $45 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $99,900 -- $48 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Clouser

    Seller's Agent in 2015

    Tim Clouser

    RE/MAX

    (717) 441-2800

    51 in this area

    318 Total Sales

    Tim Clouser
    Section Image
  • Joette Swartz

    Buyer's Agent in 2015

    Joette Swartz

    RE/MAX

    (717) 319-4152

    30 in this area

    150 Total Sales

    Joette Swartz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003133663

Bright MLS

APN: 41-003-033

Pennsylvania Dauphin County Middletown 17057

263 N Spring St, Middletown, PA

This home is located at 263 N Spring St, Middletown, PA 17057 since 13 March 2015. This property was built in 1920. 263 N Spring St is a home located in Dauphin County with nearby schools including Middletown Area Middle School, Middletown Area High School, and Seven Sorrows of BVM School.

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