Bought with TONYA M LUCAS • RE/MAX Realty Associates
$255,000
$255,000
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2,040 SqFt
SOLD DATE : 09/09/2025
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $125
Subdivision None Available
MLS Listing ID PACB2041578
Sold Date 09/09/25
Style Traditional
Year Built 1920
Available Date 2025-05-03
Annual Tax Amount $2,020
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Back to the market for a second time due to buyers terminating right before closing (even though the home appraised at the list price). This home has an FHA appraisal that will carry with the home and can be used to close this home quickly which will potentially save the buyers the cost of an appraisal.
Welcome to this newly renovated two-unit property, which includes a three-bedroom, one-bath unit on the second and third floors and a two-bedroom, one-bath unit on the first floor. This home could easily be used as a single-family residence and would work for multi-generational living, or it could be a high-income producing investment property. Since the commercial limited zoning permits mixed use with residenital, multi-family, and office space, the possibilites for this property are endless! The projected cap rate on this one should be over 10% which is extremely hard to find in this competitive seller's market at an estimated $2800 per month rented as a multi-family unit or $2500 per month as a single-family home. The seller is willing to fill the rental with tenants if the buyer prefers, or the buyer could purchase one and live in the other and let the rent pay for the mortgage. This is one of the most affordable ways for a first-time homebuyer to purchase their first home, and the possibilities are endless on this one! Don't delay, make this home your own today!
Location
State PA
County Cumberland
Area East Pennsboro Twp (14409)
Zoning COMMERCIAL L/MIXED USE
Rooms
Basement Poured Concrete, Walkout Level, Full, Interior Access, Sump Pump, Unfinished
Interior
Interior Features Kitchen - Eat-In, Formal/Separate Dining Room
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s)
Equipment Oven/Range - Gas, Dryer
Fireplace N
Appliance Oven/Range - Gas, Dryer
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Utilities Available Cable TV Available
Water Access N
Roof Type Fiberglass,Asphalt
Accessibility 2+ Access Exits
Porch Porch(es)
Road Frontage Boro/Township, City/County
Garage N
Building
Lot Description Cleared
Foundation Brick/Mortar, Stone, Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools East Pennsboro Area Shs
School District East Pennsboro Area
Others
Tax ID 09-15-1291-041
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector
Acceptable Financing Conventional, Cash, FHA, VA
Listing Terms Conventional, Cash, FHA, VA
Financing Conventional,Cash,FHA,VA
Special Listing Condition Standard
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