NOT LISTED FOR SALE

515 W Conestoga St New Holland, PA 17557

-- Bed
-- Bath
7,936 Sq Ft
1.25 Acres

Last Sold October 21, 2020

Last sale price $1,014,150 $128 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • Shed
  • Electric Baseboard Heater

About This Home

As of October 2020

Great investment opportunity! This property has a total of 10 fully leased residential units consisting of two 4 unit apartment buildings and a 2 unit cape code style home on 2 separate parcels (being sold together). Each apartment in the 4 unit apartment buildings features a first and second floor with a kitchen, living room, rear deck, 1.5 baths, and 2 bedrooms. The cape code style home (513) has 1st and 2nd floor apartments. Owner pays water/sewer, trash, lawn maintenance, and snow removal. Total rental income is $101,340/yr. Interest rates are at all time lows, don't let this slip away!

Last Agent to Sell the Property

Tyler Eberly

Horning Farm Agency Inc Listed on: 09/18/2020

Last Buyer's Agent

Michael Martin

Hostetter Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,038

Year Built

  • Built in 1980

Lot Details

  • 1.25

Parking

  • Off-Street Parking

Home Design

  • 7,936 Sq Ft Home
  • Quadruplex
  • Side-by-Side
  • Vinyl Siding

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Shed
  • 1.25 Acre Lot

Listing and Financial Details

  • The owner pays for common area maintenance, lawn/shrub care, pest control, repairs, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
  • Assessor Parcel Number 190-94333-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,600
  • Trash Expense $1,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,038

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity! This property has a total of 10 fully leased residential units consisting of two 4 unit apartment buildings and a 2 unit cape code style home on 2 separate parcels (being sold together). Each apartment in the 4 unit apartment buildings features a first and second floor with a kitchen, living room, rear deck, 1.5 baths, and 2 bedrooms. The cape code style home (513) has 1st and 2nd floor apartments. Owner pays water/sewer, trash, lawn maintenance, and snow removal. Total rental income is $101,340/yr. Interest rates are at all time lows, don't let this slip away!
  • Special Features: None

Interior Features

  • Total Sq Ft: 7936
  • Living Area Sq Ft: 7936
  • Price Per Sq Ft: 134.20
  • Above Grade Finished Sq Ft: 7936
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 513, 515

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: EASTERN LANCASTER COUNTY
  • School District Key: 300200397372
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 351800.00
  • Land Assessed Value: 75800.00
  • Land Use Code: 513
  • Lot Size Acres: 1.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54450.00
  • Year Assessed: 2020
  • Zoning: RA

Rental Info

  • Number Of Units Month To Month: 9
  • Owner Pays: Common Area Maintenance, Lawn/Shrub Care, Pest Control, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 101340.00
  • Units Leased Count: 10
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4010307
  • School Tax: 5375.00
  • Tax Annual Amount: 7038.00
  • Assessor Parcel Number: 190-94333-0-0000
  • Tax Total Finished Sq Ft: 7936
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/21/2020

MLS Schools

  • School District Name: EASTERN LANCASTER COUNTY

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
10/21/2020 10/21/20 Sold $1,014,150 -4.8% $128 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,065,000 -- $134 / 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: PALA170406

Bright MLS

APN: 190-94333-0-0000