101 W Penn Avenue Cleona, PA
$ 345,000
Property Attributes
  • MLS#PALN117402
  • TypePending
  • CountyLEBANON
  • CityCleona
  • AreaCleona Boro
  • Zip17042
  • StyleFlex
  • Year Built1930
  • Taxes4181
  • Price$ 345,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4200
  • 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 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 unit 2 - $1,000.00 Unit 3 - $1,200.00 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 warranty on this property for the buyers up to $600.00

Price History
1/9/2021 Listed $345,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Flex
Construction Materials Aluminum Siding
Cool Fuel Electric
Cooling Central A/C
Days on Market 12
Heating Forced Air
MLS Area Cleona Boro (13211)
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 82.14
Property SubType Mixed Use
Property Type Commercial Sale
Roof Rubber
Sewer Public Sewer
Tax Annual Amount 4181.0
Tax Year 2021
Total Units 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning CC
Zoning Description Commercial Combination Mixed Commercial/Residential

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Total Restrooms 4

Exterior Features

Building Area Total 4200.00
Car Parking Spaces 6
Lot Size Acres 0.16
Lot Size Source Assessor
Lot Size Square Feet 6970.00
Navigable Water Y/N No
Total Parking Spaces 6
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 $4,397
AVG 46
Year Built
AVG 1975

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