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Key Details
Sold Price $705,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,142 sqft
Price per Sqft $86
MLS Listing ID PALA2060582
Sold Date 12/30/24
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $6,185
Tax Year 2024
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 0.00 x 0.00
Property Description
Multi - Unit Investment Opportunity in Eastern Lancaster Co - 6 units, nice condition, all occupied. Electric heat, public sewer and onsite water. Off street parking. 5 units are 2 bedroom and 1 bath, 1 unit is a 1 bedroom and 1 bath. Several were remodeled and in great condition. Apartments on the first floor include their own laundry. Kitchen appliances owned by landlord, washer and dryer owned by tenants. Electric baseboard heat. Sewer and trash included in rent. Rental income is $42,840, expenses yearly... taxes $6185, sewer $5370, trash $1866.93, insurance $3246.96, electric $391.22 and Maintenance and supplies $1640.40.
Location
State PA
County Lancaster
Area Brecknock Twp (10504)
Zoning NEIGHBORHOOD COMMERCIAL
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Eastern Lancaster County
Others
Tax ID 040-31553-0-0000
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Carol Lehman • Hostetter Realty LLC
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