Active

4437 Stiegel Pike

Newmanstown PA, 17073

$595,000


$99.17 per sqft

Active

3 Beds

6,000 sqft

Multi-family

Built in 1920

Instant equity, recently appraised for $689,000.

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. You'll 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 don't 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.

PALN2016916

MLS ID

September 28, 2024

Listed

October 2, 2024

Updated

Map

4437 Stiegel Pike
Newmanstown PA, 17073

Interior Features

Bedrooms

3


Interior Features

Carpet, Concrete, Hardwood


Appliances

Dishwasher, Disposal, Microwave, Electric Water Heater, Range


Floor Description

Carpet, Concrete, Hardwood


Fireplace

Yes


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Wood Stove, Electric, Wood

Exterior/Building Features

Lot Size

3.35 Acres


Architectual Style

Traditional


Roof

Asphalt, Metal

School Information

School District

EASTERN LEBANON COUNTY


High School

EASTERN LEBANON COUNTY SENIOR


Elementary School

JACKSON

Other Property Details

Area Name

HEIDELBERG TWP


Taxes

$8,553


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

Asphalt


View

No


County

LEBANON


Water Source

Well, Private


Pool

No


Waterfront

Yes


Zoning

Agricultural Transitional. 3 residential units (House plus apartments), one additional unit that needs approval for variances

Listed by Iron Valley Real Estate
Listing Contact: 7176445167 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 7:24 AM UTC

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