Listed By:
Iron Valley Real Estate
Address
4437 Stiegel Pike, Newmanstown, PA
Price
$ 659,000
Property Attributes
  • MLS#PALN2013064
  • TypeMulti-Family
  • CountyLEBANON
  • CityNewmanstown
  • AreaHeidelberg Twp
  • Zip17073
  • StyleTraditional
  • Year Built1920
  • Taxes$ 8553
  • Price$ 659,000
  • Bedrooms10
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.35 Acres
Data Source:
Bright MLS
Property Description

POTENTIAL TO MAKE OVER $7000.00 PER MONTH IN RENTAL INCOME! Dont miss your chance to own this one of a kind property. Located in the heart of the country while still maintaining close distance to supermarkets and gas stations. Located off HW 501, and only several minute drive to the turnpike and all major roadways. Youll enjoy privacy with the fenced in yard surrounding this home. The building is surrounded by more than three acres of land with wildlife to observe, and a pond on the property. Keep reading below for the details, you dont want to miss this one! Imagine owning a home and having rentals in a separate building pay your mortgage. This is just that! Welcome to 4437 Stiegel Pike where you have the option to collect rents on home and the 3 unit apartment building on the property. Alternately, live in the home and rent the others. The main sandstone home features three bedrooms and one-and-a-half baths, beautiful solid wood floors throughout the downstairs, a stunning sandstone fireplace, deep windowsills, and a dark stained kitchen with an eat-in island breakfast bar and tile floors. Separate from that, you have a Three-unit building. The Address of this is 4433 Stiegel Pike including "A, B, and C". Unit "A" has three bedrooms, a sunroom, a large living room with a cozy fireplace, a kitchen/dining area, and one bathroom. Unit "B" has six bedrooms. "B" also has two full bathrooms, a full kitchen/dining area open to the living room, a metal spiral staircase, an additional loft area or living room, and a storage room. Unit "C" is efficiency size being used by owner as an office. Must be approved by the township for any variance use. A coin op laundry with change machine is on the property as a "laundromat" for tenant use only. The property features a large pole barn, and a stable or large chicken barn. Outdoors you will find many fruit bearing trees including apple, pear and cherry. You will see a space dedicate to new high quality trees planted around open recreational space for tenant or owner use, including pear, peach, apple, acorn, hazelnut, walnut, almond, plum, and others. on the corner of the plot is a large pond stocked with Koi and naturally several other species. ELCO School district Listing agent is owner.

Elementary School Middle School High School
Jackson Elementary School Eastern Lebanon County Middle School Eastern Lebanon County Senior High School
Price History
1/17/2024 Listed $675,000
3/11/2024 2% - $665,000
3/17/2024 1% - $659,000

General Features

Sewer Private Septic Tank
Heating Baseboard - Electric,Heat Pump(s),Wood Burn Stove
Cooling Ductless/Mini-Split,Window Unit(s)
Possession Immediate
Roof Asphalt,Metal
Appliances Built-In Microwave,Built-In Range,Disposal,Dishwasher
Zoning AGRICULTURAL TRANSITIONAL
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Stone
Year Built 1920
Electric 200+ Amp Service
Property SubType Quadruplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County LEBANON
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 25
Status ACTIVE
Directions Heading from Schaefferstown toward Brickerville on Stiegel Pike located on the right just prior to Beard lane.
ModificationTimestamp 2024-03-17T17:32:10
City NEWMANSTOWN
Buyer Agent Compensation 3
Zoning Description Agricultural Transitional. 3 residential units (House plus apartments),one additional unit that needs approval for variances
Total Units 4
MLS Area Heidelberg Twp (13222)
Lot Size Square Feet 145926.00
Tax Assessed Value 399700.0
Waterfront Y/N No
Street Name STIEGEL
Tax Annual Amount 8553.0
Home Warranty Y/N No
Structure Type Detached
One Bedroom Units Count 1
NumberOfUnitsVacant 1
Other Units Unit 1,Unit 2,Unit 4,Unit 3
Price Per Sq Ft 109.83
Acceptable Financing Cash,Conventional,Other
Historic Y/N No
Vacation Rental Y/N No
Total SQFT 6000
Days on Market 82
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Wood
Basement Poured Concrete
Flooring Carpet,Concrete,Hardwood,Luxury Vinyl Plank,Tile/Brick
Total Fireplaces 2
Hot Water Propane,Electric
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Window Features Replacement
Fireplace Y/N Yes
Street Suffix PIKE
Central Air Y/N No
LivingAreaSource Estimated
Three Bedroom Units Count 3

Exterior Features

Parking Features Crushed Stone,Asphalt Driveway
Lot Features Pond
Water Source Well
Inclusions (3) Refrigerators,(1) Propane gas ranges,(2) Electric range.
Type of Parking Off Site
Land Use Code 101
Foundation Details Stone
Spa No
Water View Y/N No
Lot Size Acres 3.35
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 140600.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

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

Property vs Multi-Family Average in 17073

Price
AVG $660K
$660K
Taxes
AVG $8,553
$8,553
Visits
AVG 610
613
Data Provided by Inside Real Estate®
Year Built
AVG 1920
1920

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