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Off market
  • $473,600

    101 W Penn Ave, Cleona, PA 17042

    --beds
    0baths
    4,200sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $473,600 Zestimate®
    $113/sqft
    $1,268 Estimated rent

    Home value

    $473,600

    $440,000 - $511,000

    $1,268/mo

    Zestimate® history
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    $1,268/mo

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    $1,268/mo

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    $3,013/mo

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    $3,013/mo

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    What's special

    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 commercial space with display windows in front, and a full bath. This space could easily be turned into a 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/mthunit 2 - $1,000.00/mthUnit 3 - $1,200.00/mthElectric and Gas are separated out. Tenants pay electric and Gas, Owner pays water & sewer.*Square footage is estimatedExterior Bilco type basement door and Lockset on front door of Commercial space are on backorder and will be installed prior to settlement.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central, Other
    Features
    • Open Floorplan, Store/Office
    Interior area
    • Total interior livable area: 4,200 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 1123232133682150000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Cleona
    • Municipality: CLEONA BORO

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $234,600
    • Annual tax amount: $5,787

    Price history

    DateEventPrice
    9/3/2021Sold$331,000-4.1%$79/sqft
    Source: Bright MLS #PALN117356 Report a problem
    1/20/2021Pending sale$345,000$82/sqft
    Source: Bright MLS #PALN117356 Report a problem
    1/9/2021Listed for sale$345,000+762.5%$82/sqft
    Source: Howard Hanna Krall Real Estate #PALN117356 Report a problem
    1/17/2019Sold$40,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,787 +3.7%$234,600
    2024$5,583 +2.1%$234,600
    2023$5,465 +3.5%$234,600
    2022$5,282 +26.3%$234,600 +16.4%
    2021$4,181 +1.3%$201,600
    2020$4,126 +237.6%$201,600
    2019$1,222 -57.1%$201,600
    2018$2,850 $201,600
    2017-- $201,600
    2016-- $201,600
    2015-- $201,600
    Find assessor info on the county website

    Neighborhood: 17042

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: ANNVILLE CLEONA
    • District: ANNVILLE-CLEONA

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $473,600
    2% more
    +$9,472
    With Zillow Showcase(estimated)
    $483,072