NOT LISTED FOR SALE

722 - 724 Grantham Rd Grantham, PA 17027

Upper Allen Area
Studio
-- Baths
2,664 Sq Ft
0.47 Acre 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
  • Luxury Vinyl Plank Tile Flooring
  • 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
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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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Bright MLS

MLS Number: PACB2010612

Bright MLS
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