Price Reduction
Address
81-83 E Main Street, Newmanstown, PA
Price
$ 439,000
Property Attributes
- MLS#PALN2025540
- TypeSingle Family
- Listing Status ACTIVE
- CountyLEBANON
- CityNewmanstown
- AreaMillcreek Twp
- NeighborhoodNewmanstown
- Zip17073
- StyleTransitional
- Year Built1940
- Taxes$ 2529
- Price$ 439,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2000
- Lot Size0.23 Acres
Data Source:
Bright MLS
Property Description
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 lot located 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!
| Price History | |
|---|---|
| 5/11/2026 | Listed $475,000 |
| 9/1/2026 | 8$439,000 |
General Features
| Living Area | 2000 |
|---|---|
| Sewer | Public Sewer |
| Heating | Hot Water |
| Cooling | None |
| Possession | Settlement |
| Zoning | RESIDENTIAL |
| Architectural Style | Transitional |
| Construction Materials | Brick,Wood Siding |
| School District | EASTERN LEBANON COUNTY |
| Exclusions | Tenant property |
| Year Built | 1940 |
| Electric | 100 Amp Service |
| Levels | 2 |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | LEBANON |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | NEWMANSTOWN |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 1 |
| Status | ACTIVE |
| Directions | Take PA-272 to PA-897/W Swartzville Rd. Take the slight right onto Texter Mountain Rd then turn left onto S Mountain Rd. Continue right onto S Sheridan Rd then turn right onto E Main St. Property wil |
| City | NEWMANSTOWN |
| Senior Community Y/N | No |
| MLS Area | Millcreek Twp (13224) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10019.00 |
| Tax Assessed Value | 102100.0 |
| Tax Annual Amount | 2529.0 |
| Property Condition | Very Good |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Count Main Level | 0.00 |
| Price Per Sq Ft Total AG | 219.5 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Total SQFT | 2000 |
| Standard Status | Active |
| Year Built Source | Assessor |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Basement | Other |
| Hot Water | Oil |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 2000 |
| Central Air Y/N | No |
| Total Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 3 |
| Bedrooms Count Upper Level 1 | 3 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | Off Street,On Street |
| Land Use Code | 101 |
| Foundation Details | Block |
| Water View Y/N | No |
| Lot Size Acres | 0.23 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Land Assessed Value | 22700.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 17073
Price
Taxes
Year Built
Visits
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