101 W Penn Avenue Cleona, PA
$ 345,000
Property Attributes
  • MLS#PALN117356
  • TypePending
  • CountyLEBANON
  • CityCleona
  • AreaCleona Boro
  • Zip17042
  • StyleTraditional
  • Year Built1930
  • Taxes4181
  • Price$ 345,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Howard Hanna Krall Real Estate
Data Source:
Bright MLS
Property 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 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.

Middle School High School
Annville Cleona Middle School Annville Cleona High School
Price History
1/9/2021 Listed $345,000

General Features

Acceptable Financing Cash, Conventional, FHA, VA
Accessibility None
Architectural Style Traditional
Basement Full
Construction Materials Aluminum Siding
Cool Fuel Electric
Cooling Central A/C, Other
Days on Market 12
Flooring Laminated, Carpet
Garage Y/N No
Heating Forced Air
High School District ANNVILLE-CLEONA
Interior Features Store/Office, Floor Plan - Open
MLS Area Cleona Boro (13211)
Municipality CLEONA BORO
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 82.14
Property SubType Triplex
Property Type Multi-Family
Roof Rubber
Sewer Public Sewer
Single Room Units Count 1
Structure Type Other
Tax Annual Amount 4181.0
Tax Year 2021
Total Units 3
Utilities Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning CC
Zoning Description Multi-unit Residential

Interior Features

Basement Y/N Yes
Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Living Area 4200
Three Bedroom Units Count 2
Window Features Replacement

Exterior Features

Lot Size Acres 0.16
Lot Size Source Assessor
Lot Size Square Feet 6970.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 17042

AVG $290K
AVG $4,215
AVG 41
Year Built
AVG 1970

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