NOT LISTED FOR SALE

723 Main St Akron, PA 17501

-- Bed
-- Bath
1,775 Sq Ft
8,276 Sq Ft Lot

Last Sold October 07, 2015

Last sale price $262,000 $148 Per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of October 2015

Terrific 4 unit in Akron! Super location! 1 larger unit for owner occupant or for a spacious higher income rental unit! Unit 1 also comes with over 500 additional sq. ft. of finished lower level space. $850 rent for Unit 1 is a realistic projection. Unit 4 has been rented recently for $590. It also comes with 125 additional sq. ft. of living space in the lower level. All utilities are separate! Plenty of off-street parking!

Last Agent to Sell the Property

Craig Harnish

Kingsway Realty - Lancaster Listed on: 08/03/2015

Last Buyer's Agent

David Yoder

Realty ONE Group Unlimited License #RS176874L

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,887

Lot Details

  • 8,276

Parking

  • Off-Street Parking

Home Design

  • Converted Dwelling
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Aluminum Siding
  • Cedar

Attic

  • Storage In Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Schools

  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, electricity, water
  • Assessor Parcel Number 0206827800000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $688
  • Maintenance Expense $3,000
  • Trash Expense $420
  • Operating Expense $4,108
  • Net Operating Income $22,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,887

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic
  • Remarks Public: Terrific 4 unit in Akron! Super location! 1 larger unit for owner occupant or for a spacious higher income rental unit! Unit 1 also comes with over 500 additional sq. ft. of finished lower level space. $850 rent for Unit 1 is a realistic projection. Unit 4 has been rented recently for $590. It also comes with 125 additional sq. ft. of living space in the lower level. All utilities are separate! Plenty of off-street parking!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partially Finished
  • Street Number Modifier: 723

Exterior Features

  • Construction Materials: Aluminum Siding, Cedar
  • Construction Completed: No
  • Roof: Composite, Shingle, Rubber
  • 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: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Cooling: Yes
  • Heating Type: Baseboard, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: EPHRATA AREA
  • Middle School: EPHRATA
  • High School: EPHRATA
  • School District Key: 300200397381
  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Lot Info

  • Land Use Code: COMM/RT
  • Lot Size Acres: 0.19
  • Zoning: COMM/RT
  • Zoning Description: Commercial
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 3976281
  • School Tax: 2937.32
  • Tax Annual Amount: 3887.38
  • Assessor Parcel Number: 0206827800000
  • County Tax Payment Frequency: Annually
  • Close Date: 10/07/2015

Multi Family

  • Gross Income: 30000.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 4108.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EPHRATA AREA

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
10/07/2015 10/07/15 Sold $262,000 +4.8% $148 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $249,900 -- $141 / 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: 1002736467

Bright MLS

APN: 020-68278-0-0000