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Property Description
We are allowing showings on Tuesday, August 6th from 5-7 pm and Thursday, August 8th from 5-7 pm. We will Be onsite to assist. We would appreciate if You schedule on showing time but is not required. We do not plan on allowing any other showings unless we do not receive an acceptable offer. This is to make it as easy as possible for the tenants. Thank you for your understanding. Amazing Opportunity in Manheim! Discover this fantastic 7-unit apartment building, a gem situated in a lovely neighborhood within the Manheim Central School District. Built in 2017, this property is in excellent condition and offers a superb investment opportunity with impressive cash flow and minimal maintenance for years to come. Property Highlights: Modern Construction: Built in 2017, ensuring contemporary design and up-to-date features. Unit Breakdown: Six spacious 2-bedroom units and one large 1-bedroom unit, perfect for attracting a variety of tenants. Comfort and Convenience: Each unit is equipped with central air, ensuring year-round comfort for your tenants. Ample Storage: Every apartment comes with its own storage unit located in the basement, providing additional convenience. Tenant Amenities: The property includes a coin-operated laundry mat, a convenient feature for tenants. Divided Utilities: Each unit has separate utilities, simplifying management and billing. Location Benefits: Nestled in a very nice neighborhood within the sought-after Manheim Central School District. Low Maintenance: Designed for low upkeep, ensuring a hassle-free investment. Financial Details: Great Cash Flow: With a strong rental market in the area, this property promises a steady income stream. Don't miss out on this exceptional opportunity to own a prime piece of real estate in Manheim. Contact us today to schedule a private showing and see firsthand the potential this property holds! Call us for a private showing! Square footage is approximate. It is your responsibility to verify the exact square footage.
Full Property Details
Full Property Details for 130 S Penn St
General
- Sold For: $1,000,000
- Taxes: $17,030 (2022)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2054740
- Added to Site: 633 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Concrete, Ceramic Tile
Additional Information
- Security/Safety: Fire Detection System, Carbon Monoxide Detector(s)
Parking
- Total Spaces: 14
- Parking Features: Private
- Parking Type: Other, Parking Lot, Driveway, On Street
Location
- Area: Manheim Boro (10540)
- Municipality: MANHEIM BORO
- County: Lancaster
- Driving Directions: Here's a simplified version of the directions: Start in Lancaster: Take Route 30 West. Turn onto Route 72 North: Travel approximately 8 miles north on Route 72. Turn onto Steigel Street in Manheim: Make a left on Steigel Street just after the railroad tracks. Stay on Steigel Street for approximately 0.03 miles. Turn onto Penn Street: Make a right on Penn Street. Arrive at the Property: The property is on the left at the intersection of West End Ave.
- Location Details: Corner Lot/Unit
School Information
- High School: Manheim Central
Heating & Cooling
- Central air: Yes
- Cooling Type: Ductless/Mini-Split, Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Roof: Pitched, Shingle
- Stories/Levels: 0
- Year Built: 1957
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,553
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 120
- Zoning: R4 RESIDENTIAL
Financial Considerations
- Assessment Year: 2023
- School Tax: $11,339
- City/TownTax: $3,632
- City/TownTax Freq: Annually
- County Tax: $2,057
- County Tax Freq: Annually
- Tax w/Assessment: $706,800
- Tax Amount: $17,030
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: owners personal property and renter personal property
- Inclusions: everthing on location except owners personal property and renter personal property
- Investment: Yes
Listed by Hostetter Realty, Jacob D. Fisher and Hostetter Realty LLC, John J Glick
Sold by Keller Williams Elite, Wendy J Mease
Get Pre-Approved Today
Schools
Schools serving 130 S Penn St
School District:Manheim Central School District
| Name | Grades | Distance |
|---|---|---|
Baron El Sch 123 East Gramby Street, Manheim, PA 17545 | K-4 | 0.6 mi |
Manheim Central Middle School 261 White Oak Road, Manheim, PA 17545 | 5-8 | 1.3 mi |
Manheim Central Senior High School 400 East Adele Avenue, Manheim, PA 17545 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 130 S Penn St
Date
Details
Price
Change
Source
9/09/2024
Sold
$1,000,000
7.64%
MLS
8/01/2024
Listed
$929,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
130 S Penn Street, Manheim, PA 17545 (MLS# PALA2054740) is a Apartment property that was sold at $1,000,000 on September 09, 2024. Want to learn more about 130 S Penn Street? Do you have questions about finding other Apartment real estate for sale in Manheim? You can browse all Manheim real estate or contact a Coldwell Banker agent to request more information.

