$349,000
SOLD AUG 22, 2019

85 1st Ave Red Lion, PA 17356

-- Bed
-- Bath
8,466 Sq Ft
5,672 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

4% Below List Price

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2019

Turn key-Completely remodeled Brick Multi-Family in Red Lion. Enjoy 12% Cap Rate. This property was the former Trolley Station in Red Lion. It is a very solid and well-built brick building. Built like Fort Knox. Great Investment-Completely Remodeled. Perfect for someone who wants to park theirmoney and walk away and have very little maintenance issues with no capital improvements. There are 4 large remodeled apartments. 3 apartments have 2 full baths and 1 apartment has 1.5 baths. Additional income from 5 storage units and laundry hookups. New shingle roof installed in 2018. Balance of roof is rubber roof. Newly paved parking lot and new sidewalks. Each apartment has 2 parking spaces. Some new drywall, new kitchens, new baths, new flooring, new lighting, new paint, etc. Electric and sewer/water are metered separate, so tenant paid. Unfortunately, no seller financing available. Need money for your real estate investment purchase, try hard money, private money, 401k, self-directed IRA, home equity loan, whole life insurance policy. This investment is more stable than the stock market. APOD available.

Last Agent to Sell the Property

Harry Naill

(717) 577-7684 hnaill@comcast.net Inch & Co. Real Estate, LLC Listed on: 04/03/2019

Inch & Co. Real Estate, LLC

Last Buyer's Agent

Jerry Pilgrim

(717) 757-5955 jpilgrim@pilgrimteam.com Keller Williams Keystone Realty License #AB069667

Keller Williams Keystone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1910

Parking

  • Off-Street Parking

Home Design

  • 8,466 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • 5,672 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for trash collection, common area maintenance, insurance, real estate taxes, snow removal
  • Assessor Parcel Number 82-000-03-0185.00-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: Turn key-Completely remodeled Brick Multi-Family in Red Lion. Enjoy 12% Cap Rate. This property was the former Trolley Station in Red Lion. It is a very solid and well-built brick building. Built like Fort Knox. Great Investment-Completely Remodeled. Perfect for someone who wants to park theirmoney and walk away and have very little maintenance issues with no capital improvements. There are 4 large remodeled apartments. 3 apartments have 2 full baths and 1 apartment has 1.5 baths. Additional income from 5 storage units and laundry hookups. New shingle roof installed in 2018. Balance of roof is rubber roof. Newly paved parking lot and new sidewalks. Each apartment has 2 parking spaces. Some new drywall, new kitchens, new baths, new flooring, new lighting, new paint, etc. Electric and sewer/water are metered separate, so tenant paid. Unfortunately, no seller financing available. Need money for your real estate investment purchase, try hard money, private money, 401k, self-directed IRA, home equity loan, whole life insurance policy. This investment is more stable than the stock market. APOD available.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Total Sq Ft: 8466
  • Living Area Sq Ft: 8466
  • Price Per Sq Ft: 43.11
  • Above Grade Finished Sq Ft: 8466
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 85

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Block
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: RED LION AREA
  • School District Key: 300200396796
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5672.00
  • Zoning: RS

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Trash Collection, Common Area Maintenance, Insurance, Taxes - Real Estate, Snow Removal
  • Rent Control: No
  • Total Actual Rent: 47400.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10901421
  • Tax Annual Amount: 2799.00
  • Assessor Parcel Number: 82-000-03-0185.00-00000
  • Tax Year: 2019
  • Close Date: 08/22/2019

MLS Schools

  • School District Name: RED LION 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
02/25/2023 02/25/23 Rented $895 0.0% --
01/04/2023 01/04/23 For Rent $895 0.0% --
08/22/2019 08/22/19 Sold $349,000 -4.4% $41 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $365,000 0.0% $43 / Sq Ft
05/22/2019 05/22/19 For Sale $365,000 0.0% $43 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $365,000 -- $43 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Stella Raffensberger

    Southern Management Rentals

    (717) 235-6950

    Stella Raffensberger
    Section Image
  • Harry Naill

    Seller's Agent in 2019

    Harry Naill

    Inch & Co. Real Estate, LLC

    (717) 577-7684

    29 Total Sales

    Harry Naill
    Section Image
  • Jerry Pilgrim

    Buyer's Agent in 2019

    Jerry Pilgrim

    Keller Williams Keystone Realty

    (717) 757-5955

    1 in this area

    41 Total Sales

    Jerry Pilgrim
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAYK113698

Bright MLS
Pennsylvania York County Red Lion 17356

85 1st Ave, Red Lion, PA

This home is located at 85 1st Ave, Red Lion, PA 17356 and is currently priced at $349,000, approximately $41 per square foot. This property was built in 1910. 85 1st Ave is a home located in York County with nearby schools including Mazie Gable Elementary School, Red Lion Area Junior High School, and Red Lion Area Senior High School.

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