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28 W Main Street, Richland, PA 17087
$330,000
28 W Main Street, Richland, PA 17087View this property at 28 W Main Street, Richland, PA 17087
28 W Main StreetRichlandPA17087
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Property Description
***Offer deadline - Thursday May 18 10am. Due to receiving offers and strong feedback indicating more offers are coming, seller has set an offer deadline. Wow, potential cash cow in Richland Borough!!! Great investment opportunity to add to your real estate portfolio or for that supplemental retirement income!!! Fully rented 5-unit property. Buy and start collecting rent!!! 2 buildings; front has 2 units, back has 3 units with potential for 4th with proper permits and zoning approval. Some long-term tenants with low rents. Rents could be increased to match current market rates. Seller pays heat for back house only. Both buildings are a total of 5932sq ft. front house is 2348sq. ft., rear house is 3484 sq. ft. (per tax record). ***Buyer/Agent to verify. Nice size units boast 2 bedrooms, 1 bath each. Large lot with off street parking for up to 8 vehicles. Property is being sold in AS IS CONDITION. Qualified buyers/Investors only!!! Please use these tax ID's 17-2383476-377440-0000 & 17-2383476-377440-0000/02 on the contract ***Showings to begin May 16 and 17 between the hours of 10AM and 2PM each day to minimize inconvenience to tenants. Please schedule at least 24 hours in advance. Listing agent will accompany all showings. Agents bring your investors.
Full Property Details
Full Property Details for 28 W Main St
General
- Sold For: $330,000
- Taxes: $4,524 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: PALN2009574
- Added to Site: 355 day(s) ago
Interior
- Interior Features: Attic, Additional Stairway, Dining Area, Kitchen - Eat-In
- Appliances: Oven/Range - Electric
- Flooring: Hardwood, Laminate Plank, Partially Carpeted, Vinyl, Other
Exterior
- Porch/Patio/Deck: Porch(es)
Parking
- Total Spaces: 8
- Parking Features: Surface, Paved Parking
- Parking Type: Driveway, On Street, Off Street, Other
Location
- Area: Richland Boro (13217)
- Municipality: RICHLAND BORO
- County: Lebanon
- Driving Directions: 422 East, right on Millardsville Rd, turns into Chestnut St then road truns into W. Main St, home is on the right
School Information
- School District: Eastern Lebanon County
- Elementary School: Fort Zeller
- Middle School: Eastern Lebanon County
- High School: Eastern Lebanon County Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Radiator
- Heating Fuel: Oil, Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other, Traditional
- Architectural Style: Other, Traditional
- Structure Type: Detached
- Construction: Aluminum Siding
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Interior Access, Outside Entrance, Unfinished
- Foundation: Stone
- Roof: Asphalt, Metal, Rubber
- Walls/Ceilings: Dry Wall, Other, Plaster Walls, Paneled Walls
- Stories/Levels: 0
- Square Feet: 7,065
- Sq. Ft. Source: Estimated
- Living Area: 5,932 Sq. Ft.
- Finished Above Grnd: 5,932 Sq. Ft.
- Unfin. Above Grnd: 1,133 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
- 2 Bedroom Units: 5
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Bedrooms: 2
Unit 4
- Unit Description: Unit 4
- Bedrooms: 2
Unit 5
- Unit Description: Unit 5
- Bedrooms: 2
Lot Features
- Property View: Street
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size Source: Assessor
- Zoning: MULTI FAMILY
Financial Considerations
- Price Per Sq. Ft.: $50.56
- Assessment Year: 2022
- School Tax: $3,235
- City/TownTax: $538
- City/TownTax Freq: Annually
- County Tax: $751
- County Tax Freq: Annually
- Tax w/Assessment: $193,000
- Tax Amount: $4,524
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Water, Trash Collection, Taxes - Real Estate, Snow Removal, Sewer, Repairs, Insurance, Heat
- Landlord Pays: Water, Trash Collection, Taxes - Real Estate, Snow Removal, Sewer, Repairs, Insurance, Heat
- Tax Total Finished Sq. Ft.: 2348
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: Tenants personal property
Listed by Howard Hanna Krall Real Estate, Maurice Day
Sold by Berkshire Hathaway HomeServices Homesale Realty, Ron Mummau
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Schools
Schools serving 28 W Main St
School District:Eastern Lebanon County School District
Rating | Name | Grades | Distance |
---|---|---|---|
180 Elco Dr, Myerstown, PA 17067 | 9-12 | 1.8 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 28 W Main St
Date
Details
Price
Change
Source
6/15/2023
Sold
$330,000
10.04%
MLS
5/16/2023
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
28 W Main Street, Richland, PA 17087 (MLS# PALN2009574) is a Multi-Family property that was sold at $330,000 on June 15, 2023. Want to learn more about 28 W Main Street? Do you have questions about finding other Multi-Family real estate for sale in Richland? You can browse all Richland real estate or contact a Coldwell Banker agent to request more information.