NOT LISTED FOR SALE

430 W Main St New Holland, PA 17557

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold March 07, 2014

Last sale price $625,000

Highlights

  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of March 2014

Well established 9 unit in the borough offering long term tenants. 5 residential, 4 commercial units. 6 units listed below - Unit 7: office #2 rented for $380, Unit 8: Office #3 rented for $995 and Unit 9: Office #4 rented for $723.28. NOTE - Apt 2-B rent will be increased in Feb 2014 to $515 (through Section 8).

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,575

Year Built

  • Built in 1965

Lot Details

  • 0.34

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Vinyl Siding

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • 10 Parking Spaces
  • Off-Street Parking

Schools

  • Garden Spot High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 0.34 Acre Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 480-19758-0-0000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $440
  • Insurance Expense $2,800
  • Maintenance Expense $10,500
  • Manager Expense $4,500
  • Trash Expense $1,125
  • Operating Expense $21,626
  • Net Operating Income $41,286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,575

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance, Partial

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 10.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 440.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Type: Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 861.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 4500.00

Schools

  • School District: EASTERN LANCASTER COUNTY
  • High School: GARDEN SPOT
  • School District Key: 300200397372
  • High School: GARDEN SPOT

Lot Info

  • Land Use Code: C-524
  • Lot Size Acres: 0.34
  • Zoning: C-2
  • Zoning Description: Commercial,Other - See Remarks
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4122364
  • School Tax: 5696.49
  • Tax Annual Amount: 8575.46
  • Assessor Parcel Number: 480-19758-0-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 03/07/2014

Multi Family

  • Gross Income: 71487.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 21626.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $625,000 +733.3% --
01/03/2014 01/03/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $75,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Map

Source: Bright MLS

MLS Number: 1005911851

Bright MLS