427 W Main St New Holland, PA 17557
Estimated payment $3,434/month
About This Home
Recent rent increase to commercial unit from $1475.00 a month to $2200 a month increases the annual rent for this unit by $8700 per year! The total gross income for the building in now close $57,000.00 annually. 2020 construction, low maintenance, very low vacancy rate 3 unit building in the bustling New Holland Boro! There are two identical residential units (except reverse layouts), (2 story floor plan) each are 2 bedrooms and 1 1/2 bathrooms, both units have central air, low maintenance LVP flooring, upstairs laundry, modern floor plan and plenty of parking! The restaurant is also completely rebuilt except for smaller kitchen area. There are a total of 12 parking spots on premises. The China One is a successful primarily take-out and delivery restaurant that has been at this location for over 10 years.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,392
Year Built
- Built in 2020
Parking
- Parking Lot
Home Design
- 3,200 Sq Ft Home
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Stick Built Home
Utilities
- Heat Pump System
- Electric Water Heater
Additional Features
- Doors are 32 inches wide or more
- 0.27 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 480-11767-0-0000
Community Details
Overview
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $2,643
- Maintenance Expense $3,430
- Other Expense $4,780
- Net Operating Income $37,292
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $519,900 | -9.6% | $162 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $575,000 | -4.2% | $180 / Sq Ft |
| 06/28/2025 06/28/25 | For Sale | $600,000 | -- | $188 / Sq Ft |
Source: Bright MLS
MLS Number: PALA2071866
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