NOT LISTED FOR SALE

722 - 724 Grantham Rd Grantham, PA 17027

Studio
-- Bath
2,664 Sq Ft
0.47 Acres Lot

Sale Details

Date Sold: May 20, 2022

Last sale price $340,000 $128 Per Sq Ft

5 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Window Unit Cooling System
  • Mechanicsburg Area Senior High School Rated A-
  • Backs to Trees or Woods
  • 1-minute walk to Grantham Park

About This Home

As of May 2022

MULTIPLE OFFERS RECEIVED. ALL OFFERS DUE BY 5/3/22 AT MIDNIGHT. INVESTOR ALERT! Take advantage of this unusual opportunity to own a multi-unit within walking distance to Messiah University and within the convenience of Route 15. Backing to Grantham Park, this tidy 4-unit boasts of both owner and tenant care and would be a nice addition to any portfolio. All units are currently rented, perceivably undervalued with a current total annual gross income of nearly $34,000. This property includes two 2-bedroom units and two 1-bedroom units, one of which is a furnished unit. There are six, 10-foot parking spaces at the upper level and two, 10-foot parking spaces at the lower level for a total of 8 off-street parking spaces. These are individually metered, fully-electric units, with municipal water and sewer. Don’t miss this one!

Last Agent to Sell the Property

Marlene Sanbower

(717) 761-4800 cpacamphilladmins@coldwellbankermoves.com Coldwell Banker Realty License #RS283079 Listed on: 04/29/2022

Coldwell Banker Realty

Last Buyer's Agent

Steven Voorhees

(717) 591-5555 Steve@Voorhees.Com RE/MAX 1st Advantage License #RS278441

RE/MAX 1st Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1980

Lot Details

  • 20,473 Sq Ft Lot
  • Level Lot
  • Backs to Trees or Woods
  • Back Yard

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 2,664 Sq Ft Home
  • Views of Woods

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Finished Basement

  • Walk-Out Basement
  • Basement with some natural light

Parking

  • 8 Parking Spaces
  • 8 Off-Street Spaces
  • Driveway
  • Paved Parking

Schools

  • Mechanicsburg Area High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, repairs, insurance, lawn/shrub care
  • Tax Lot 6
  • Assessor Parcel Number 42-31-2151-055

Community Details

Overview

  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Net Operating Income $24,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,640

Year Built

Built in 1980

Lot Details

0.47 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: See list in Associate Documents
  • New Construction: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Carpet, Luxury Vinyl Plank
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Daylight, Partial, Walkout Level, Fully Finished
  • Total Sq Ft: 2664
  • Living Area Sq Ft: 2664
  • Price Per Sq Ft: 116.37
  • Above Grade Finished Sq Ft: 2664
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Block, Stick Built
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Parking
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 8

Utilities

  • Refuse: 264.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1152.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: 3rd Party
  • High School: MECHANICSBURG AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126200.00
  • Land Assessed Value: 58800.00
  • Lot Features: Backs To Trees, Level, Not In Development, Rear Yard
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20473.00
  • Zoning: COMMERCIAL, VILLAGE DIST
  • Zoning Description: See Associated Documents. Map shows Commercial, Village District. Buyer to confirm zoning with the township.

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Sewer, Trash Collection, Repairs, Insurance, Lawn/Shrub Care
  • Rent Control: No
  • Total Actual Rent: 33840.00
  • Units Furnished: Some
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11086444
  • School Tax: 2713.00
  • Tax Annual Amount: 3640.00
  • Assessor Parcel Number: 42-31-2151-055
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: MECHANICSBURG AREA
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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
05/20/2022 05/20/22 Sold $340,000 +9.7% $128 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $310,000 -- $116 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

  • Marlene Sanbower

    Seller's Agent in 2022

    Marlene Sanbower

    Coldwell Banker Realty

    (717) 877-4758

    7 in this area

    57 Total Sales

    Marlene Sanbower
    Section Image
  • Steven Voorhees

    Buyer's Agent in 2022

    Steven Voorhees

    RE/MAX

    (717) 215-0243

    6 in this area

    97 Total Sales

    Steven Voorhees
    Section Image
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Map

Source: Bright MLS

MLS Number: PACB2010612

Bright MLS
Pennsylvania Cumberland County

722 - 724 Grantham Rd, PA

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