$385,000
SOLD AUG 30, 2024
-- Bed
-- Bath
-- Sq Ft
0.49 Acres

Recently Sold

4% Below List Price

141 Days on Market

Highlights

  • 0.49 Acre Lot
  • Downtown Location
  • Hot Water Heating System
  • Colonial Architecture
  • Multiple cooling system units
  • Level Lot

About This Home

As of August 2024

Welcome to the heart of York, PA where an incredible investment opportunity awaits you!
This property offers a multitude of possibilities, featuring three spacious apartments, one on the first floor, two on second floor, and a 2,000 Sq. Ft. office/retail space on the first floor. The office/retail space has an large open area, spacious storage room, laundry room with additional storage, making it an ideal setting for any business venture. For the savvy investor, this property presents an excellent chance to generate a steady cash flow from the rents of the three apartments . Located on busy W Market Street,in Hallam Borough, this building benefits from high visibility and excellent signage opportunities, ensuring maximum exposure for any business operating from the ground floor. In addition to its strategic location, this property boasts a private parking lot with seven dedicated spaces. Parking is at a premium in this area, and having ample parking options is always good! Property has a brand new roof, large basement, and large yard for outdoor activities.

Last Agent to Sell the Property

Chris Leiphart

Berkshire Hathaway HomeServices Homesale Realty License #RS216752L Listed on: 02/21/2024

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Cari Lauer

Inch & Co. Real Estate, LLC License #RS373335

Inch & Co. Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 1900

Lot Details

  • 0.49 Acre Lot
  • Downtown Location
  • Level Lot
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • 120/240V
  • Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • 4 Units
  • Gross Income $40,800

Listing and Financial Details

  • Tax Lot 0011
  • Assessor Parcel Number 66-000-01-0011-00-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,401

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal items
  • Inclusions: 3 refrigerators, 3 stoves, 1 microwave
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to the heart of York, PA where an incredible investment opportunity awaits you! This property offers a multitude of possibilities, featuring three spacious apartments, one on the first floor, two on second floor, and a 2,000 Sq. Ft. office/retail space on the first floor. The office/retail space has an large open area, spacious storage room, laundry room with additional storage, making it an ideal setting for any business venture. For the savvy investor, this property presents an excellent chance to generate a steady cash flow from the rents of the three apartments . Located on busy W Market Street,in Hallam Borough, this building benefits from high visibility and excellent signage opportunities, ensuring maximum exposure for any business operating from the ground floor. In addition to its strategic location, this property boasts a private parking lot with seven dedicated spaces. Parking is at a premium in this area, and having ample parking options is always good! Property has a brand new roof, large basement, and large yard for outdoor activities.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Combination
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 361

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt, Shingle
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Multi Units, Window Unit(s)
  • Electric Service: 120/240V, Circuit Breakers
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Hot Water, Hot Water & Baseboard - Electric, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: EASTERN YORK
  • School District Key: 300200396457
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 374
  • Lot Features: Level
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21540.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Total Actual Rent: 40800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 3648.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5401.00
  • Assessor Parcel Number: 66-000-01-0011-00-00000
  • Tax Lot: 0011
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 08/30/2024

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Other Units: Unit 4

MLS Schools

  • School District Name: EASTERN YORK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Aug 30, 2024
Sold by
Kaltreider Raymond F and Kaltreider Wanda J
Bought by
Darrigo Mark V
Seller's Agent
Chris Leiphart
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Cari Lauer
Inch & Co. Real Estate, LLC
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Views
229
Current Estimated Value
$390,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,066
Avg. Annual Appreciation
-2.16%
Original Mortgage
$346,500
Outstanding Balance
$344,291
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$33,041

Purchase Details

Closed on
Aug 18, 2006
Sold by
Arnold Samuel J and Arnold Rebecca A
Bought by
Kaltreider Raymond F and Kaltreider Wanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Deed $385,000 None Listed On Document
Deed $230,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $346,500 New Conventional
Previous Owner $145,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $385,000 0.0% --
08/30/2024 08/30/24 Sold $385,000 -3.5% --
07/11/2024 07/11/24 Pending -- -- --
07/11/2024 07/11/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $399,000 0.0% --
05/16/2024 05/16/24 For Sale $399,000 0.0% --
03/25/2024 03/25/24 Pending -- -- --
03/25/2024 03/25/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $399,000 0.0% --
01/20/2024 01/20/24 Price Changed $399,000 -6.1% --
10/02/2023 10/02/23 For Sale $425,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $2,005 $144,890 $26,400 $118,490
2024 $5,402 $144,890 $26,400 $118,490
2023 $5,402 $144,890 $26,400 $118,490
2022 $5,107 $142,700 $26,400 $116,300
2021 $5,032 $142,700 $26,400 $116,300
2020 $5,032 $142,700 $26,400 $116,300
2019 $4,820 $142,700 $26,400 $116,300
2018 $4,703 $142,700 $26,400 $116,300
2017 $4,528 $142,700 $26,400 $116,300
2016 $0 $142,700 $26,400 $116,300
2015 -- $142,700 $26,400 $116,300
2014 -- $142,700 $26,400 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2056464

Bright MLS

APN: 66-000-01-0011.00-00000