Enola, PA 17025,144 ALTOONA AVE
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Enola, PA 17025,144 ALTOONA AVE
Enola, PA 17025,144 ALTOONA AVE
Enola, PA 17025,144 ALTOONA AVE
Enola, PA 17025,144 ALTOONA AVE

$280,000

Est. payment /mo

$300,000

6.7%
Est.Price: ?

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144 ALTOONA AVE Enola, PA 17025

2,766 SqFt

SOLD DATE : 01/31/2024

Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,766 sqft

Price per Sqft $101

MLS Listing ID PACB2026988

Sold Date 01/31/24

Style Dwelling with Rental

Abv Grd Liv Area 2,766

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $2,528

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Welcome to this meticulously maintained and updated 3-unit apartment house, offering a blend of modern convenience and classic charm. The property has undergone significant improvements, making it an excellent investment opportunity. Here are the key features:

**Well-Maintained Infrastructure:**
- Roof: Only 6 years old, providing years of worry-free living.
- Boiler: Recently updated 11 years ago, ensuring efficient heating for all units.
- Water Heater: Newly installed just 3 years ago for reliable hot water supply.

**Separate Electrical Panels:**
- Each unit is equipped with its own electrical panel, offering convenience and control for residents.
- Additionally, the building has a dedicated electrical panel, simplifying maintenance and management.

**Spacious Living Spaces:**
- Upstairs Apartment: Boasting 2 generously sized bedrooms and 1 bath, providing ample living space.
- First Floor Apartments: Two 1-bedroom, 1-bath units, perfect for cozy and comfortable living.
- Outdoor Decks: Both the first and second-floor apartments enjoy the luxury of outdoor decks, creating a perfect space for relaxation and entertainment.

**Revenue Increase:**
- Recent rent adjustments have significantly increased annual revenue from $24,840 to $37,920.
- Monthly rents have risen from $2,070 to $3,160, reflecting the property's value and potential for income growth.

**Unit Upgrades:**
- Third Unit Remodel: Completely renovated for a fresh and modern look, attracting a new tenant at $1,155 per month.
- Deck Repairs: Outdoor deck repairs enhance the overall aesthetic and functionality.
- Unit 2 Improvements: A new bathroom has been installed, providing modern amenities and increasing tenant satisfaction.

**Overall Investment Opportunity:**
This property presents a prime investment opportunity with a strong rental history, updated infrastructure, and increased revenue potential. Whether you are a seasoned investor or a first-time buyer, this well-appointed 3-unit apartment house promises both immediate returns and long-term value. Don't miss the chance to own a property that combines comfort, convenience, and financial growth.

Location

State PA

County Cumberland

Area East Pennsboro Twp (14409)

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Off Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Dwelling with Rental

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools East Pennsboro Area Shs

School District East Pennsboro Area

Others

Tax ID 09-14-0832-180

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, FHA, Conventional

Listing Terms Cash, FHA, Conventional

Financing Cash,FHA,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Noah Barger • Iron Valley Real Estate of Lancaster
Bought with Marybeth McCoy • Howard Hanna Company-Carlisle
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