This property is being sold with another property next door for a total of $675,000. The next door, 81 and 83 E Main Street, are also for sale and come with a half-acre plot of land in the back for additional building space for more rental units. 79 E Main Street in Newmanstown, PA, presents a strong investment opportunity with immediate cash flow and upside potential. This 3-bedroom, 1-bath property is currently rented at $1,400 per month, providing steady income from day one, with market rents supporting an increase to $1,600-$1,700 per month for improved returns. Whether you are expanding your rental portfolio or looking for a reliable income-producing asset, this property offers both stability and value-add potential in a desirable location. Don't miss the opportunity to secure a property with built-in equity and rental growth potential.
| MLS # | PALN2025516 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1939 |
| Days On Site | 116 |
| Listing Provided By | Core Partners Realty | John MacDonald |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,338 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RESIDENTIAL |
| Acreage | 0.12 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Roof | Composite |
|---|---|
| Construction Materials | Frame, Stick Built |
| Foundation Details | Stone |
| Lot Features | Rear Yard, Level |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2531 |
|---|
| State | PA |
|---|---|
| County | LEBANON PA |
| City | NEWMANSTOWN |
| Zip Code | 17073 |
| Area | Millcreek Twp (13224) |
| Community Name | NEWMANSTOWN BORO |
| School District | EASTERN LEBANON COUNTY |
| High School | EASTERN LEBANON COUNTY SENIOR |
| Listing VS Median (in NEWMANSTOWN BORO) | |
Price: $199,900 low | high Med: $199,900 sqft: 1,338 low | high Med: 1,338 $ / sqft: $149 low | high Med: $149 On site: 116 low | high Med: 116 | |
| State | PA |
|---|---|
| County | LEBANON PA |
| City | NEWMANSTOWN |
| Zip Code | 17073 |
| Area | Millcreek Twp (13224) |
| Community Name | NEWMANSTOWN BORO |
| School District | EASTERN LEBANON COUNTY |
| High School | EASTERN LEBANON COUNTY SENIOR |
| Listing VS Median (in NEWMANSTOWN BORO) | |
Price: $199,900 low | high Med: $199,900 sqft: 1,338 low | high Med: 1,338 $ / sqft: $149 low | high Med: $149 On site: 116 low | high Med: 116 | |