$215,000
$239,900
10.4%For more information regarding the value of a property, please contact us for a free consultation.
10,202 Sqft Lot
SOLD DATE : 01/13/2023
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAYK2034250
Sold Date 01/13/23
Style Converted Dwelling
Originating Board BRIGHT
Year Built 1916
Annual Tax Amount $5,012
Tax Year 2021
Lot Size 10,202 Sqft
Acres 0.23
Property Description
Any level of INVESTOR should want to add this property to their portfolio! This unique building that was originally a Ford Model T Dealership back in the 1930s has been converted to dwelling units and secured garage space storage. It also has the possibility to be modified to create additional income with the endless amounts of storage space available. It's unique design brings long term tenants who would wish to stay if the new owners should desire to make the transition easy and turn key. The total size of the building is HUGE and there are separate drive up areas that the tenants enjoy. Great income producing property that's currently yielding a Cap Rate of 7% and rents haven't been raised or adjusted in years! Each of the units have their own unique floor plan design. The top floor unit is a wonderful open urban/industrial appeal to it and has its own master suite and walk in closet areas too! The incoming producing units each have 4+ bedrooms and there's a separate locked garage unit that producing income as well. Be sure to ask about how you can expand the options on this property to create more additional monthly income.
Location
State PA
County York
Area Red Lion Boro (15282)
Zoning RESIDENTIAL-TOWN
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Ceiling Fan(s)
Fireplace N
Heat Source None
Exterior
Parking Features Basement Garage, Covered Parking, Garage - Front Entry, Garage - Rear Entry, Inside Access, Oversized
Garage Spaces 4.0
Utilities Available Cable TV, Natural Gas Available, Electric Available, Phone, Sewer Available, Water Available
Water Access N
Roof Type Asphalt,Built-Up,Rubber
Accessibility 32\"+ wide Doors
Attached Garage 4
Total Parking Spaces 4
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Lion Area
Others
Tax ID 82-000-03-0406-00-00000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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Bought with Duane Frey • Berkshire Hathaway HomeServices Homesale Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "