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101 W Penn Avenue, Cleona, PA 17042
$331,000
101 W Penn Avenue, Cleona, PA 17042View this property at 101 W Penn Avenue, Cleona, PA 17042
101 W Penn AvenueCleonaPA17042
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Property Description
Great Investment opportunity! Beautifully updated 3 Unit investment property. Unit 1 is an 1800 square foot 3 level half a house with 3-5 bedrooms, 1.5 baths, open concept first floor. Space for a home office and/or second living area. Unit 2 is a first floor 900 square foot space with a full bath that would make an ideal studio apartment. Unit 3 is a two story 1200 square foot 3 bedroom, 1 bath apartment with an open concept living area. Bedrooms in both residential units are oversized. Could use an island to expand kitchen storage and countertop. An owner occupant could live in one side and rent out the two other units to cover the mortgage. Move right in! Tenants will love the updated interior finishes. This property has a new rubber roof, new windows, 2 new gas furnaces and air handlers, new electric re-wire, new kitchens and bathrooms, all new flooring (lifeproof vinyl planking and stainmaster 70 oz. carpet), New drywall and paint throughout. New Mini-split for Commercial space. New side porch floor and new concrete patio out back. Full basements for lots of storage and future site of laundry areas. There is an accessway built into the curbing near the back of the property for possible off street parking in the future. Must see this property to appreciate it. Lots of income potential. Current owner estimates possible income as follows: unit 1 - $1,500.00/mth unit 2 - $1,000.00/mth Unit 3 - $1,200.00/mth Electric and Gas are separated out. Tenants pay electric and Gas, Owner pays water & sewer. *Square footage is estimated Exterior Bilco type basement door and Lockset on front door of Commercial space are on backorder and will be installed prior to settlement. Sellers will pay for a one year whole house warranty for buyers up to $600.00.
Full Property Details
Full Property Details for 101 W Penn Ave
General
- Sold For: $331,000
- Taxes: $4,181 (2021)
- Status: Closed
- Type: Triplex
- MLS ID: PALN117356
- Added to Site: 1, 221 day(s) ago
Interior
- Interior Features: Store/Office, Floor Plan - Open
- Flooring: Laminated, Carpet
Parking
- Parking Type: On Street
Location
- Area: Cleona Boro (13211)
- Municipality: CLEONA BORO
- County: Lebanon
- Driving Directions: One block west of the traffic light at Penn Avenue and Center St., Cleona, PA
School Information
- School District: Annville-Cleona
- High School: Annville Cleona
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Other
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Rubber
- Windows: Replacement
- Stories/Levels: 3
- Square Feet: 4,200
- Sq. Ft. Source: Estimated
- Living Area: 4,200 Sq. Ft.
- Finished Above Grnd: 4,200 Sq. Ft.
- Year Built: 1930
- Year Built Source: Assessor
Unit Information
- 3 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Zoning: CC
Financial Considerations
- Price Per Sq. Ft.: $82.14
- Assessment Year: 2021
- School Tax: $2,959
- City/TownTax: $558
- City/TownTax Freq: Annually
- County Tax: $664
- County Tax Freq: Annually
- Tax w/Assessment: $201,600
- Tax Amount: $4,181
- Tax Year: 2021
- Terms: Standard Sale
- Owner Pays: Sewer, Water
- Landlord Pays: Sewer, Water
Disclosures and Reports
- Ownership: Fee Simple
Listed by Howard Hanna Krall Real Estate, Jody Artz
Sold by Keller Williams Elite, Brett James Dunbar
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Schools
Schools serving 101 W Penn Ave
School District:Annville-Cleona School District
Rating | Name | Grades | Distance |
---|---|---|---|
Cleona Elementary School
50 E Walnut St, Cleona, PA 17042 | K-2 | 0.3 mi | |
205 S White Oak St, Annville, PA 17003 | 3-6 | 2.1 mi | |
500 S White Oak St, Annville, PA 17003 | 7-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 W Penn Ave
Date
Details
Price
Change
Source
9/03/2021
Sold
$331,000
-4.06%
MLS
1/09/2021
Listed
$345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
101 W Penn Avenue, Cleona, PA 17042 (MLS# PALN117356) is a Triplex property that was sold at $331,000 on September 03, 2021. Want to learn more about 101 W Penn Avenue? Do you have questions about finding other Triplex real estate for sale in Cleona? You can browse all Cleona real estate or contact a Coldwell Banker agent to request more information.