NOT LISTED FOR SALE

401 Penn St Middletown, PA 17057

-- Bed
-- Bath
3,168 Sq Ft
4,792 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $215,000 $68 Per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of September 2021

Great investment property with 3 units. Natural gas heat with 3 separate zones (one for each unit). Stoves and refrigerators owned by landlord. Washer/dryers belong to tenants. 2 of the units recently remodeled with great clean tenants. Leases available upon request. Unit 401 is 2BR/1BA - $800. Unit 403 is 3BR/1BA - $850. Unit 218 is 2BR/1BA - $775. Owner pays water/sewer $2748 yr average, Insurance (depends on your coverage), and taxes. 403 Penn Ave will be vacant end of August. This unit needs to be updated. Price is flexible sold as is. If 403 is remodeled by owner price will be more firm.

Last Agent to Sell the Property

Wendy Wills

Keller Williams Elite License #AB066874 Listed on: 07/31/2021

Keller Williams Elite

Last Buyer's Agent

Linda Mehaffie

RE/MAX Delta Group, Inc.

RE/MAX Delta Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1850

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,168 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Frame Construction

Schools

  • Middletown Area High School

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for water, sewer, insurance, real estate taxes
  • Assessor Parcel Number 54-002-117-000-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Net Operating Income $22,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,870

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-07-31
  • Year Built: 1850
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great investment property with 3 units. Natural gas heat with 3 separate zones (one for each unit). Stoves and refrigerators owned by landlord. Washer/dryers belong to tenants. 2 of the units recently remodeled with great clean tenants. Leases available upon request. Unit 401 is 2BR/1BA - $800. Unit 403 is 3BR/1BA - $850. Unit 218 is 2BR/1BA - $775. Owner pays water/sewer $2748 yr average, Insurance (depends on your coverage), and taxes. 403 Penn Ave will be vacant end of August. This unit needs to be updated. Price is flexible sold as is. If 403 is remodeled by owner price will be more firm.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3168
  • Living Area Sq Ft: 3168
  • Price Per Sq Ft: 71.02
  • Above Grade Finished Sq Ft: 3168
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401-403

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MIDDLETOWN AREA
  • High School: MIDDLETOWN AREA HIGH SCHOOL
  • High School Source: Listing Agent
  • School District Key: 300200396875
  • School District Source: Listing Agent
  • High School: MIDDLETOWN AREA HIGH SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72700.00
  • Land Assessed Value: 11300.00
  • Land Use Code: R11
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4791.60
  • Year Assessed: 2021
  • Zoning: VERIFY

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Water, Sewer, Insurance, Taxes - Real Estate
  • Total Actual Rent: 29100.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10596461
  • School Tax: 1906.00
  • Tax Annual Amount: 2870.00
  • Assessor Parcel Number: 54-002-117-000-0000
  • Tax Total Finished Sq Ft: 3168
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/17/2021

Multi Family

  • Gross Income: 29100.00
  • Income Includes: Apartment Rentals

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 Change Sq Ft Price
09/17/2021 09/17/21 Sold $215,000 -4.4% $68 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $225,000 -- $71 / 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: PADA2001808

Bright MLS