NOT LISTED FOR SALE

50 Cedar Ave Hershey, PA 17033

Studio
4 Baths
5,310 Sq Ft
10,454 Sq Ft Lot

Last Sold November 26, 2014

Last sale price $330,000 $62 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Workshop
  • Laundry Room
  • Hershey Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Entrance Foyer

About This Home

As of November 2014

ALL OFFERS MUST BE SUBMITTED BY 3:00PM ON THURS 10/23/14. Income producing 4-unit + garage in-town Hershey, turning profit in village residential neighborhood right in the middle of the sweet life. Four 2-bedroom units, each w/ sep entrance, address, own laundry facilities, full basement for storage & workshop. All brick property w/new roof 1992,furnace 2006. WELL maintained. Opportunity's knocking, who will answer?

Last Agent to Sell the Property

JACKIE HENRY

(717) 533-6222 jackiehenry@homesale.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 10/18/2014

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Christie Fugate

(717) 534-2442 jon.bomberger@cbrealty.com Coldwell Banker Realty License #RS293475

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,970

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Entrance Foyer
  • Workshop

Kitchen

  • Gas Oven or Range
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Hershey Primary Elementary School
  • Hershey Middle School
  • Hershey High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Less than 60 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 24016121

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $364
  • Fuel Expense $9,660
  • Insurance Expense $1,861
  • Maintenance Expense $1,125
  • Trash Expense $550
  • Operating Expense $23,920
  • Net Operating Income $15,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,970

Year Built

Built in 1940

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven - Single, Stove, Dryer, Washer
  • Fireplace: No
  • Room List: Foyer, Laundry, Workshop
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup
  • Total Sq Ft: 5310
  • Living Area Sq Ft: 5310
  • Price Per Sq Ft: 92.96
  • Above Grade Finished Sq Ft: 3550
  • Below Grade Finished Sq Ft: 1760
  • Total Below Grade Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby, Fenced Storage/Yard
  • Roof: Composite
  • 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
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 364.00
  • Electric Service: Less Than 60 Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 3353.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: HERSHEY PRIMARY ELEMENTARY
  • High School: HERSHEY HIGH SCHOOL
  • Middle Or Junior School: HERSHEY MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.24
  • Zoning Description: Residential,Other

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Electricity, Cable Tv
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 9660.00
  • Gross Income: 39480.00
  • Metering: Fully Separate
  • Operating Expense: 23920.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10542421
  • Tax Annual Amount: 5970.00
  • Assessor Parcel Number: 24016121
  • Tax Year: 2014

MLS Schools

  • School District Name: DERRY TOWNSHIP
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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
11/26/2014 11/26/14 Sold $330,000 0.0% $62 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $330,000 -- $62 / Sq Ft
Source: Bright MLS

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 $7,001 $224,000 $34,100 $189,900
2024 $6,580 $224,000 $34,100 $189,900
2023 $6,462 $224,000 $34,100 $189,900
2022 $6,319 $224,000 $34,100 $189,900
2021 $6,319 $224,000 $34,100 $189,900
2020 $6,319 $224,000 $34,100 $189,900
2019 $6,205 $224,000 $34,100 $189,900
2018 $6,040 $224,000 $34,100 $189,900
2017 $6,040 $224,000 $34,100 $189,900
2016 $0 $224,000 $34,100 $189,900
2015 -- $224,000 $34,100 $189,900
2014 -- $224,000 $34,100 $189,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000047276

Bright MLS

APN: 24-016-121

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