This property is being sold with another property next door for a total of $675,000. Next door, 79 E Main Street is a great investment property that can be used together to generate incredible cash flow. Prime investment opportunity at 81?83 E Main Street in Newmanstown, PA! This spacious 3-bedroom, 1-bath property offers approximately 2,000 square feet of living space and delivers strong income potential with projected rents exceeding $40,000 per year. The home provides ample room for tenants, making it highly attractive in today's rental market. What truly sets this property apart is the expansive half-acre lotlocated behind the home?offering incredible upside for investors looking to build additional rental units and significantly increase cash flow. Whether you?re expanding your portfolio or seeking a property with both immediate income and future development potential, this is a rare find in a growing area. Don?t miss your chance to capitalize on both current returns and long-term value!
| MLS # | PALN2025540 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1940 |
| Days On Site | 118 |
| Listing Provided By | Core Partners Realty | John MacDonald |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RESIDENTIAL |
| Acreage | 0.23 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Construction Materials | Brick, Wood Siding |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2529 |
|---|
| State | PA |
|---|---|
| County | LEBANON PA |
| City | NEWMANSTOWN |
| Zip Code | 17073 |
| Area | Millcreek Twp (13224) |
| Community Name | NEWMANSTOWN |
| School District | EASTERN LEBANON COUNTY |
| Listing VS Median (in NEWMANSTOWN) | |
Price: $439,000 low | high Med: $462,000 sqft: 2,000 low | high Med: 1,752 $ / sqft: $220 low | high Med: $271 On site: 118 low | high Med: 118 | |
| State | PA |
|---|---|
| County | LEBANON PA |
| City | NEWMANSTOWN |
| Zip Code | 17073 |
| Area | Millcreek Twp (13224) |
| Community Name | NEWMANSTOWN |
| School District | EASTERN LEBANON COUNTY |
| Listing VS Median (in NEWMANSTOWN) | |
Price: $439,000 low | high Med: $462,000 sqft: 2,000 low | high Med: 1,752 $ / sqft: $220 low | high Med: $271 On site: 118 low | high Med: 118 | |