NOT LISTED FOR SALE

304 S State St Ephrata, PA 17522

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

Sale Details

Date Sold: April 17, 2020

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

7 Days on Market

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) 509-2880 info@rmevolved.com RE/MAX Evolved License #RS175974L Listed on: 02/13/2020

RE/MAX Evolved

Co-Listed By

The Marian Rutt Team

(717) 509-2880 info@rmevolved.com RE/MAX Evolved

Last Buyer's Agent

Christine Nolt

(717) 569-8701 lynn@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

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

Parking

  • Garage
  • On-Street Parking

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

7,405 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

  • Marian Rutt

    Seller's Agent in 2020

    Marian Rutt

    RE/MAX

    (717) 340-7888

    95 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

    55 Total Sales

    The Marian Rutt Team
    Section Image
  • Christine Nolt

    Buyer's Agent in 2020

    Christine Nolt

    Kingsway Realty - Lancaster

    (717) 517-0407

    319 Total Sales

    Christine Nolt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA158804

Bright MLS
Pennsylvania Lancaster County Ephrata 17522

304 S State St, Ephrata, PA

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