About This Home
This 14-bedroom, 11-bathroom residential multi family at 394 Rt 447 in Newfoundland, PA is listed for $939,000 ($140 per sqft). Built in 1930, the home offers 6,700 sqft of living space on a 5.00 acres lot.
Key Features
- Built in 1930
- 5.00 acre lot
- 2 stories
- 12 parking spaces
Property Details
A Real Potential Money Maker! Your Options Are Wide Open with this Property. 3 Substantial Income Producing Buildings! Multiple Buildings, Multiple Income Streams! Originally a Hospitality Facility ''The White Cloud Inn'' with a Commercial Kitchen Equipment,, Large Dining Area, Living Area, Multiple Bedrooms & Baths ' A Second Building ''The Lodge'
' with Multiple Bedrooms & Baths has Been Rented on a Short Term Basis , A Third Building ''The Apartment Building'' , Partially Occupied Currently in Need of Repairs to Return Apartment Building to Full Function. Located in a Township that Does Not Have Zoning, But Does Have A Short-Term Rental Ordinance which Permits STR, Rarely Do You Find a Property That Can Accomodate Large Groups Such as Family Reunions, Corporate or Other Retreat Groups.
With Space to Accommodate Owner's Quarters or On Site Staff, This Property Offers Many Options. This Property Has Great Potential!
Monthly Cost Estimate
$5,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
394 Rt 447
Newfoundland, PA 18445
Questions & Answers
This 14-bedroom, 11-bathroom residential multi family at 394 Rt 447 is listed at $939,000 ($140/sqft). The estimated monthly payment is $5,022 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 5.00 acre lot, 2 stories, 12 parking spaces.
This property is listed by Walter J Lewis and can be reached at (570) 421-2890.