228 W Oak Street
Shenandoah, PA 17976
- 6 beds
- 3 baths
- 2,856 sqft
- 2,178 sqft lot
- $69 per sqft
- 1890 build
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Large house to call it My Home or an Investment Opportunity in Thriving Shenandoah – Historic 6-Bedroom Home with 15% CAP Rate This unique 6-bedroom, 2.5-bathroom property, built in 1890, offers an exceptional investment opportunity in Shenandoah’s rapidly appreciating market. Spanning 2,856 sq ft, this home blends rich historical charm with modern amenities, creating an ideal place to live or a setting for a rental business with long-term appreciation. Key Features: Historic Elegance: Step into a grand first floor featuring soaring ceilings, intricate woodwork, and an impressive entrance leading to spacious living and dining areas. The kitchen, with a convenient backyard entrance, is perfect for hosting guests. Generous Layout: The second floor hosts three large bedrooms, including a master suite with a private entrance to the bathroom and a walk-in closet. The third floor offers three additional bedrooms, one of which opens onto a massive roof balcony, perfect for outdoor enjoyment. Dual Staircases: Access the second and third floors via the main grand staircase or the second staircase conveniently located near the kitchen, bathrooms, and basement. Prime Rental Potential: Fully furnished and currently operating as a successful short-term rental, this property can accommodate over 11 guests. The sale includes the option to purchase all furnishings, allowing for a seamless continuation of the rental business. High CAP Rate: With a solid 15% CAP rate, this property promises impressive returns. Income and expense sheets for 2023 and January-August 2024 are available upon request. Additional Information: Move-In Ready: The property is in good condition and sold as-is. It comes with a detached one-car garage and multiple access points, enhancing convenience for tenants and guests. The furnishings are for sale and could be negotiated with the purchase offer or separately. Market Growth: Positioned in a neighborhood experiencing growth, this property offers both stability and potential for significant value appreciation. Investor Appeal: This property is more than just a home; it’s a turnkey investment in a rising market. Whether you’re looking to expand your portfolio or enter the short-term rental market, this property offers substantial income potential with minimal hassle.
Listing courtesy of BRIGHT / HomeSmart Realty Advisors
Last checked:
Checking…
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Last updated Nov 20, 2024
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MLS# PASK2016854 —
The Building
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Year Built:1890
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Year Built Source:Estimated
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Year Major Reno/Remodel:2023
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New Construction:No
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Construction Materials:Frame
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Structure Type:Twin/Semi-Detached
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Architectural Style:Colonial
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Levels:3
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Accessibility Features:2+ Access Exits
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Foundation Details:Permanent
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Basement:Yes
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Basement Type:Full, Interior Access
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Building Winterized:No
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2856
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Above Grade Finished SqFt Source:Estimated
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Below Grade Unfinished Area Units:Square Feet
Interior
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Room List:Bedroom 1
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Flooring Type:Hardwood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2856
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Living Area SqFt:2,856 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:FHA
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Possession:Immediate
Location
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Directions:Main str to W Cherry st to S Chestnut st to W Oak st - one way street. The house is on the right.
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Latitude:40.81879044
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Longitude:-76.20384979
The Property
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Property Type:Residential
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:15.00 x 140.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,178 Sqft
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Inclusions:Refrigerator, Washer, Dryer
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Zoning:RESIDENTIAL
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Outdoor Living Structures:Patio(s), Porch(es), Terrace
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Other Structures:Above Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:101
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (732) 322-1439
- Office phone:
- (215) 604-1191
Taxes
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Tax ID Number:64-07-0242
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Tax Year:2022
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Tax Lot:242
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Tax Annual Amount:$1,291
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Tax Assessed Value:$12,925
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Year Assessed:2023
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School Tax:736.0
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County Tax:198.00
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City/Town Tax:348.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:6
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Upper Level Bedrooms:6
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Upper Level 1 Bedrooms:3
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Bedrooms Upper Level:3
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:2
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Upper Level Total Baths:2
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Upper Level Total Baths:1.00
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Upper Level 2 Total Baths:1.00
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Upper Level Full Baths:1
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Upper Level 2 Full Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Ductless/Mini-Split
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water, Radiator
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Heating Fuel:Oil
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Oil
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Water Source:Public
Appliances
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Appliances:Dryer, Dishwasher, Oven - Double, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
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Laundry Type:Basement
Schools
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School District Name:Shenandoah Valley
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Garage - Side Entry, Garage Door Opener
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Garage Spaces:1.00
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Garage SqFt:390
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Type of Parking:Alley, Detached Garage
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# of Detached Garage Spaces:1
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/19/24
Nov 19, 2024
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Sold | BRIGHT | $199,000 | |
9/17/24
Sep 17, 2024
|
Pending | BRIGHT | $199,000 | |
8/23/24
Aug 23, 2024
|
Listed / Active | BRIGHT | $199,000 |