NOT LISTED FOR SALE

43 E Broadway Red Lion, PA 17356

Estimated Value: $281,000 - $497,000

-- Bed
3 Baths
3,553 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $325,000 $91 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,381/month

16 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Country Kitchen
  • Wood Flooring
  • Attic
  • Porch

About This Home

As of September 2022

Outstanding 3 unit multifamily property located in the Commercial zone on East Broadway in Red Lion Borough. 2 units are located as a duplex in the 2 story Victorian home and 1 unit is located in the rear 3 story building. Parking available for each unit. Would be ideal for a individual who would like to live in one unit and have extra income/rent from the other two units. Check with the Borough regarding commercial and/or office possibilities. Unit 1 was totally remodeled less than ten years ago, maple kitchen, interior paint, hardwood flooring, heating system, central air conditioning. Most windows have been replaced with insulated tilt in windows. Electric and plumbing has been updated. Unit 3 (Rear Building) had a new rubber roof installed approx. 5 years ago and new sewer line installed to rear alley. Also new walk in shower and toilet installed in the 1st floor bath just a few years ago. New hot water heater installed in the rear unit.
** One Year First American Home Warranty included in sale.**
Approx. Utility Cost/Expense: Gas $2,500 a year, Electric $900 a year , Water $480 year
UNIT 1: 2 bedrooms, 1 bath, estimated $1,300 a month rent
UNIT 2: 4 bedrooms, 1.5 baths, estimated $1,450 a month rent
UNIT 3: 3 bedrooms, 2 baths, actual rent is $700 a month , estimated rent $925-$950 a month
Total estimated annual rent/income: $41,400

Last Agent to Sell the Property

Eric Axe

Century 21 Dale Realty Co. License #AB061888L Listed on: 07/21/2022

Century 21 Dale Realty Co.

Last Buyer's Agent

Jake Fisher

Hostetter Realty License #RS325195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,811

Year Built

  • Built in 1896

Lot Details

  • 5,850 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Block Foundation
  • Slab Foundation
  • Plaster Walls
  • Slate Roof
  • Rubber Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Replacement Windows
  • Insulated Windows
  • Six Panel Doors
  • Washer
  • Attic
  • Partially Finished Basement

Kitchen

  • Country Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces
  • Gravel Driveway

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Red Lion Area Junior Middle School
  • Red Lion Area Senior High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System
  • Above Ground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • The owner pays for real estate taxes, repairs, insurance
  • Tax Lot 0234
  • Assessor Parcel Number 82-000-02-0234-00-00000

Community Details

Overview

  • 3 Units
  • 2-Story Building
  • Red Lion Boro Subdivision

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $1,845
  • Trash Expense $360
  • Operating Expense $11,896
  • Net Operating Income $29,504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,811

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: UNIT 1: Oven Range, Dishwasher UNIT 2: Dishwasher, Microwave UNIT 3: Refrigerator, Washer, Dryer
  • New Construction: No
  • Expected On Market: 2022-07-21
  • Year Built: 1896
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Outstanding 3 unit multifamily property located in the Commercial zone on East Broadway in Red Lion Borough. 2 units are located as a duplex in the 2 story Victorian home and 1 unit is located in the rear 3 story building. Parking available for each unit. Would be ideal for a individual who would like to live in one unit and have extra income/rent from the other two units. Check with the Borough regarding commercial and/or office possibilities. Unit 1 was totally remodeled less than ten years ago, maple kitchen, interior paint, hardwood flooring, heating system, central air conditioning. Most windows have been replaced with insulated tilt in windows. Electric and plumbing has been updated. Unit 3 (Rear Building) had a new rubber roof installed approx. 5 years ago and new sewer line installed to rear alley. Also new walk in shower and toilet installed in the 1st floor bath just a few years ago. New hot water heater installed in the rear unit. ** One Year First American Home Warranty included in sale.** Approx. Utility Cost/Expense: Gas $2,500 a year, Electric $900 a year , Water $480 year UNIT 1: 2 bedrooms, 1 bath, estimated $1,300 a month rent UNIT 2: 4 bedrooms, 1.5 baths, estimated $1,450 a month rent UNIT 3: 3 bedrooms, 2 baths, actual rent is $700 a month , estimated rent $925-$950 a month Total estimated annual rent/income: $41,400
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Kitchen - Island, Kitchen - Country, Wood Floors
  • Window Features: Double Pane, Insulated, Replacement
  • Fireplace: No
  • Door Features: Six Panel, Storm
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block, Slab
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 3553
  • Living Area Sq Ft: 3553
  • Price Per Sq Ft: 103.81
  • Above Grade Finished Sq Ft: 3178
  • Below Grade Finished Sq Ft: 375
  • Total Below Grade Sq Ft: 375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Exterior Lighting
  • Roof: Slate, Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Paved Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Above Ground, Phone
  • Water Source: Public

Schools

  • School District: RED LION AREA
  • Middle School: RED LION AREA JUNIOR
  • High School: RED LION AREA SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396796
  • School District Source: Listing Agent
  • High School: RED LION AREA SENIOR
  • Middle Or Junior School: RED LION AREA JUNIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 122
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5850.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: BOROUGH CENTER
  • Zoning Description: Commercial, Office, Multi Family

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Taxes - Real Estate, Repairs, Insurance
  • Rent Control: No
  • Total Actual Rent: 41400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10907906
  • School Tax: 3902.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5811.00
  • Assessor Parcel Number: 82-000-02-0234-00-00000
  • Tax Lot: 0234
  • Tax Total Finished Sq Ft: 3178
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/14/2022

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 41400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 11896.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: RED LION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 12, 2022
Sold by
Axe Michael L
Bought by
Fisher Bennet S and Fisher Fannie F
Seller's Agent
Eric Axe
Century 21 Dale Realty Co.
Buyer's Agent
Jake Fisher
Hostetter Realty
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%
Views
5
Current Estimated Value
$344,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,419
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Jul 30, 1997
Sold by
Axe Randy L and Axe Michael L
Bought by
Axe Michael L and Axe Shirley C
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fisher Bennet S $325,000 --
Axe Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Axe Megan J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $325,000 -1.5% $91 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $329,900 -- $93 / Sq Ft
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 $6,053 $175,150 $25,430 $149,720
2024 $5,811 $175,150 $25,430 $149,720
2023 $5,811 $175,150 $25,430 $149,720
2022 $5,811 $175,150 $25,430 $149,720
2021 $5,671 $175,150 $25,430 $149,720
2020 $5,671 $175,150 $25,430 $149,720
2019 $5,654 $175,150 $25,430 $149,720
2018 $5,787 $179,270 $25,430 $153,840
2017 $5,787 $179,270 $25,430 $153,840
2016 $0 $179,270 $25,430 $153,840
2015 -- $179,270 $25,430 $153,840
2014 -- $179,270 $25,430 $153,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2026396

Bright MLS

APN: 82-000-02-0234.00-00000