4437 STIEGEL PIKE
NEWMANSTOWN, PA 17073

$659,000

Number of Units: 4
Type: Multi-Unit Residential
Listing #PALN2013064
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 districtListing agent is owner.
Listing Courtesy of: Iron Valley Real Estate (717) 769-2986
Property Features
Location Information
County: LEBANON
Municipality: HEIDELBERG TWP
Latitude: 40.26505
Longitude: -76.30601
MLS Area: Heidelberg Twp (13222)
Interior Features
Number of Fireplaces: 2
Heating: Baseboard - Electric, Heat Pump(s), Wood Burn Stove
Heating Fuel: Electric, Wood
Cooling: Ductless/Mini-Split, Window Unit(s)
Water Heater: Propane, Electric
Basement Description: Poured Concrete
Has Basement: Yes
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 0
Number of 3 Bedroom Units: 3
Total Number of Units: 4
Exterior Features
Is New Construction: No
Foundation: Stone
Roof: Asphalt, Metal
Septic or Sewer: Private Septic Tank
Water: Well
Parking Description: Crushed Stone, Asphalt Driveway
Has Garage: No
Lot Features: Pond
Lot Size in Acres: 3.35
Zoning: AGRICULTURAL TRANSITIONAL
School
Elementary School: JACKSON
Jr. High School: EASTERN LEBANON COUNTY
High School: EASTERN LEBANON COUNTY SENIOR
Additional Information
ListDate: 2024-01-18 00:00:00.0
Property SubType: Quadruplex
Year Built: 1920
Status: Active
Tax Year: 2022
Tax Amount: $8,553


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at May 9, 2024 8:40 AM ET