NOT LISTED FOR SALE

40 W 3rd St Hershey, PA 17033

-- Bed
3 Baths
4,151 Sq Ft
0.37 Acres

Last Sold September 30, 2021

Last sale price $340,000 $82 Per Sq Ft

20 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Oversized Parking
  • 1 Fireplace
  • 2 Car Detached Garage
  • Shed

About This Home

As of September 2021

Great investment opportunity in Hershey at a 7%+ cap rate. 3-units; two 2 bedroom 1 baths units, one 3 bedroom 2 bath unit w/ 2 car garage. All are well maintained with solid rent history, long term tenants and fully occupied. All units have Washer/Dryers, central AC/heat, ample off-street parking and full basements (3 bedroom 2 bathroom has finished basement and could potentially be renovated into a 4th unit). Great, quiet location close to Hershey Park and downtown Hershey. See attachments for rent by unit and list of improvements.

Last Agent to Sell the Property

Christie Fugate

(717) 805-6291 christie@christiefugate.com Coldwell Banker Realty License #RS293475 Listed on: 07/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Erica Rawls

(717) 678-6340 erica@ericarawls.com Keller Williams of Central PA License #AB068562

Keller Williams of Central PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1920

Lot Details

  • 0.37

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Schools

  • Lower Dauphin Middle School
  • Lower Dauphin High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Shed
  • 0.37 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for sewer, water, lawn/shrub care
  • Assessor Parcel Number 56-012-034-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,532

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4151
  • Living Area Sq Ft: 4151
  • Price Per Sq Ft: 102.01
  • Above Grade Finished Sq Ft: 3431
  • Below Grade Finished Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: LOWER DAUPHIN
  • Middle Or Junior School: LOWER DAUPHIN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 111300.00
  • Land Assessed Value: 24000.00
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.20
  • Zoning: VILLAGE

Rental Info

  • Owner Pays: Sewer, Water, Lawn/Shrub Care
  • Total Actual Rent: 34020.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10598566
  • School Tax: 2492.00
  • Tax Annual Amount: 3532.00
  • Assessor Parcel Number: 56-012-034-000-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 34020.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: LOWER DAUPHIN

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Prior Sale
09/30/2021 09/30/21 Sold $340,000 -2.9% $82 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $349,999 0.0% $84 / Sq Ft
12/01/2017 12/01/17 Off Market $1,200 -- --
11/30/2017 11/30/17 Rented $1,200 -20.0% --
08/23/2017 08/23/17 For Rent $1,500 +7.1% --
08/31/2015 08/31/15 Rented $1,400 0.0% --
08/31/2015 08/31/15 Under Contract -- -- --
07/21/2015 07/21/15 For Rent $1,400 0.0% --
05/15/2015 05/15/15 Sold $239,000 -4.4% $58 / Sq Ft View Prior Sale
04/07/2015 04/07/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $250,000 -- $60 / 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: PADA134588

Bright MLS

APN: 56-012-034