NOT LISTED FOR SALE

304 S State St Ephrata, PA 17522

-- Bed
-- Bath
3,340 Sq Ft
7,405 Sq Ft Lot

Last Sold April 17, 2020

Last sale price $265,000 $79 Per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System
  • Corner Lot
  • Paneling
  • 3-minute walk to Ephrata Linear Park

About This Home

As of April 2020

Clean well maintained low maintenance property. Corner property with a quiet side street providing plenty of parking space. Fully occupied with stable tenants who want to stay. Utilities separated for each tenant. Great investment property to add to a portfolio or perfect starter investment for the first time investor. Two car garage for additional income.

Last Agent to Sell the Property

Marian Rutt

(717) 340-7888 mrutt@ptd.net RE/MAX Evolved License #RS175974L Listed on: 02/13/2020

RE/MAX Evolved

Co-Listed By

The Marian Rutt Team

(717) 340-7888 phil@ruttrealestate.com RE/MAX Evolved

Last Buyer's Agent

Christine Nolt

(717) 517-0407 christine@kingswayrealty.com Kingsway Realty - Lancaster License #RS332150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 74x105x73x104
  • Corner Lot
  • Level Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Shingle Roof
  • Masonry

Interior Spaces

  • 3,340 Sq Ft Home
  • Paneling
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Schools

  • Fulton Elementary School
  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Radiator
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, repairs, real estate taxes
  • Assessor Parcel Number 260-50337-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,192
  • Maintenance Expense $1,378
  • Operating Expense $928
  • Net Operating Income $16,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,525

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3340
  • Living Area Sq Ft: 3340
  • Price Per Sq Ft: 79.34
  • Above Grade Finished Sq Ft: 3340
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Masonry
  • Road Surface Type: Paved
  • Roof: Shingle
  • 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
  • Heating Fuel: Electric
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FULTON
  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169400.00
  • Land Assessed Value: 37000.00
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.17
  • Lot Dimensions: 74x105x73x104
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 3
  • Owner Pays: Insurance, Lawn/Shrub Care, Repairs, Taxes - Real Estate
  • Total Actual Rent: 23400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4025135
  • School Tax: 3560.00
  • Tax Annual Amount: 4525.00
  • Assessor Parcel Number: 260-50337-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Gross Income: 23400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 928.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: EPHRATA AREA

Range of Values:

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Average Value
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List Price
Sold Price
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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
04/17/2020 04/17/20 Sold $265,000 0.0% $79 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $265,000 -- $79 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marian Rutt

    Seller's Agent in 2020

    Marian Rutt

    RE/MAX

    (717) 340-7888

    24 in this area

    102 Total Sales

    Marian Rutt
    Section Image
  • The Marian Rutt Team

    Seller Co-Listing Agent in 2020

    The Marian Rutt Team

    RE/MAX

    (717) 340-7888

    9 in this area

    55 Total Sales

    The Marian Rutt Team
    Section Image
  • Christine Nolt

    Buyer's Agent in 2020

    Christine Nolt

    Kingsway Realty - Lancaster

    (717) 517-0407

    7 in this area

    368 Total Sales

    Christine Nolt
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA158804

Bright MLS
Pennsylvania Lancaster County Ephrata 17522

304 S State St, Ephrata, PA

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