$532,500
$550,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
4,072 SqFt
SOLD DATE : 06/16/2021
Key Details
Sold Price $532,500
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $130
Subdivision Rheems
MLS Listing ID PALA180746
Sold Date 06/16/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1977
Annual Tax Amount $7,333
Tax Year 2020
Lot Size 0.800 Acres
Acres 0.8
Property Description
GREAT investment opportunity in quiet location close to school and backing to community park. Five units total consisting of two 2-unit buildings and one 3-BR/2-BA single family detached building. One 2-unit building consists of two 3-BR/1.5-BA units w/ shared laundry, and the other 2-unit building consists of two 1-BR/1-BA units, each w/ private laundry. All units currently leased. 1 car attached garage and 1 car detached garage plus driveway and parking lot with 16 spaces. Recent renovations made to one of the 2-unit buildings including newer water heater. Replacement windows in single family building. Income and expenses attached. 8.5 CAP rate. CALL TODAY to schedule a private tour!
Location
State PA
County Lancaster
Area West Donegal Twp (10516)
Zoning GENERAL COMMERCIAL
Interior
Hot Water Electric
Heating Hot Water, Forced Air
Cooling Central A/C, Window Unit(s)
Flooring Carpet, Vinyl, Hardwood
Heat Source Oil, Natural Gas, Electric
Exterior
Garage Spaces 16.0
Waterfront N
Water Access N
Roof Type Asphalt,Shingle
Accessibility Level Entry - Main
Parking Type Parking Lot, Driveway, Private Garage
Total Parking Spaces 16
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Elizabethtown Area
Others
Tax ID 160-59305-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Lynn R Zimmerman • Kingsway Realty - Ephrata
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "