44 Photos

25 W Penn Avenue
Cleona, PA 17042

$305,950 - Status: ACTIVE
SQFT: 2,645
MLS# PALN2028368

Here’s a great opportunity to add a two-unit property in the Annville-Cleona School District to your investment portfolio—or live in one unit while the other helps offset your expenses. Both units offer 2 bedrooms with separate basement and attic access, giving each unit plenty of additional storage. Washer and dryer connections are located in the basement of each unit. The property features efficient gas forced-air heat, and the systems have been regularly serviced. The front unit also offers the added comfort of central air. The front unit is currently vacant after the tenant recently moved out, giving the new owner flexibility to choose their own tenant, set a new rental rate, or potentially occupy the unit themselves. The rear unit is currently rented for $1,100 per month, providing income from day one. There are also two garage spaces, adding even more income potential. One garage is currently rented for $75 per month, while the second garage is available. The available garage could be included with the front unit for an additional monthly rental amount or rented separately to generate another stream of income. Whether you're looking to expand your rental portfolio or considering an owner-occupied investment, this property offers flexibility, multiple income opportunities and plenty of potential in the Annville-Cleona School District.

Property Features

MLS#: PALN2028368
Zip: 17042
Subdivision:
Development: Cleona Boro
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Ceiling Fan(s), Central A/C
Days on Site: 8
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.16 acres
Roof Type: Metal
Taxes: $3,414
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Aluminum Siding, Brick, Stick Built
Interior: Attic, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Walk-in Closet(s)
Lot Dimensions: 0.16 Acre(S)
Municipality: CLEONA BORO
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 2
Two Bedroom Units: 2
Units: 2
Water: Public

Local Schools

School District: ANNVILLE-CLEONA

25 W Penn Avenue | MLS# PALN2028368

This multi-family property located at 25 W Penn Avenue, Cleona, PA 17042 is currently listed for sale with an asking price of $305,950. W Penn Avenue is located within the ANNVILLE-CLEONA school district. Search Cleona real estate on www.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Iron Valley Real Estate
Agency Phone: 7177692986

Shown By

Agency Title: Lewith & Freeman
Agency Phone: (570) 288-9371

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Estimate Your Payment

Estimated Payment

$ 2,115.98 per month $1,742.24 Principal & Interest $284.50 Property Tax $89.24 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder