$180,000
$220,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
4,650 SqFt
SOLD DATE : 09/19/2019
Key Details
Sold Price $180,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $38
MLS Listing ID PALA129590
Sold Date 09/19/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,307
Tax Year 2020
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Fantastic investment opportunity - 4 or 5 unit building, currently 3 unit with 2 additional units ready to be finished water & electric in both unfinished units, they are gutted and ready for construction, permits pulled and approved, water sewer permit obtained. All units with two exits, high ceilings in 1st & 2nd floor, 3rd floor would make great storage units for tenants, attic has sprayed insulation, there are 9 parking spaces. Convenient location to Lancaster & Reading. Unit 1, 2 BR $675, year lease Unit 2, 1 BR $625 projected rent Unit 3 1 BR (projected rent) $700,Unit 4 1 BR $535 month to month Unit 5 2 BR (projected rent) $750 Current Rents could be improved with some updating.
Location
State PA
County Lancaster
Area Adamstown Boro (10501)
Zoning HIGHWAY COMMERCIAL
Interior
Hot Water Electric
Heating Other
Cooling None
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Metal
Accessibility None
Parking Type Parking Lot
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cocalico
Others
Tax ID 010-14464-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Bank Portfolio, Private
Listing Terms Cash, Bank Portfolio, Private
Financing Cash,Bank Portfolio,Private
Special Listing Condition Standard
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Bought with Dave Decembrino • RE/MAX Of Reading
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "