101 West Penn Avenue

Cleona, PA 17042

$331,000
Last Sold Price
Beds
4,200 Sq. Ft.
$79 / Sq. Ft.
4,200
Sq. Ft.
$79
per Sq. Ft.

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...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.
  1. Listed by Jody Artz • Howard Hanna Krall Real Estate
    P: 7175073530 jodyartz@howardhanna.com

Property Details for 101 West Penn Avenue

Tax ID Number
11-2323213-368215-0000
Ownership
Fee Simple
HOA
No
Structure Type
Other
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
01-09-2021

Location

Listing Courtesy of Howard Hanna Krall Real Estate

Sold By Keller Williams Elite

Add your commute
LISTING UPDATED: 08/24/2022 09:35 PM

Property Details for 101 West Penn Avenue

StatusClosed
MLS #PALN117356
Days on Market12
Taxes$4,181 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.16 AC / 6,970 SF
CountyLebanon County

Location

Listing Courtesy of Howard Hanna Krall Real Estate

Sold By Keller Williams Elite

Add your commute

Building Information for 101 West Penn Avenue

Stories-Residences3Year Built1930Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$2,155 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,806

Property Taxes

$348

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 West Penn Avenue

Location
Location
  • School District Name: ANNVILLE-CLEONA
  • School District County ID: 300200397384
  • SchoolDistrictSource: Listing Agent
  • High School: ANNVILLE CLEONA (LEBANON PA)
  • HighSchoolSource: Listing Agent
  • County: LEBANON
  • MLS Area: Cleona Boro (13211)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $201,600
  • Year Assessed: 2021
  • County Tax: $664
  • Improvement Assessed Value: $162,600
  • City Town Tax: $558
  • Land Assessed Value: $39,000
  • Clean Green Assessed: No
  • Land Use Code: 319
  • Zoning: CC
  • Zoning Dscrp: Multi-unit Residential
  • School Tax: $2,959
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Sewer, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Level Count: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 10313957
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Store/Office, Floor Plan - Open
  • Fireplaces Count: 0
  • Accessibility Features: None
  • Window Features: Replacement
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C, Other
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Lebanon County Association of REALTORS
  • List Agent URL: jodyartz.howardhanna.com

Property History for 101 West Penn Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 West Penn Avenue

Taxable ValueLand$23,200Additions$211,400Total$234,600
Tax Record2024$5,282 ($440 / month)
Home Facts
Total Finished SqFt4,076 SqFtAbove Grade Finished SqFt4,076 SqFtStories1Lot Size6,970 SqFtStyleTriplexYear Built1910CountyLEBANONAPN11-2323213-368215-0000

Schools near 101 West Penn Avenue

This home is within Annville-Cleona School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 7 to 8
Public - 9 to 12
Public - 3 to 6
Rating
School
Distance
Cleona El School
PublicK to 2

Annville-Cleona Ms
Public7 to 8

Annville Cleona High School
Public9 to 12

Annville El School
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna Krall Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.