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Key Details
Sold Price $690,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALN2000137
Sold Date 11/10/21
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $10,545
Tax Year 2020
Property Description
Be part of the Revitalization of Myerstown with this great investment opportunity!
19 & 20 East Center Ave., Myerstown and 300 & 302 College Ave., Myerstown.
A Bundle of 10 apartments and 6+ garage bays. With an acceptable offer, seller will give $50,000.00 credit to Buyer for siding and windows for 19 Center Ave. and the replacement of the garage roof at the back of 19 Center. The east side of 20 Center will be painted prior to settlement.
All units are currently rented with positive cash flow.
Properties are walking distance to the park, playground and pool in Myerstown.
Future expansion possible. Room for two additional apartments on the 2nd floor of 19 Center Ave. as well as storage space behind that building and above the large garage. Plenty of room for storage lockers on top floor of 20 E. Center also.
See income and expense statements in the documents tab.
Location
State PA
County Lebanon
Area Myerstown Boro (13215)
Zoning R, RA, CA
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Natural Gas, Oil, Coal
Exterior
Garage Spaces 4.0
Waterfront N
Water Access N
Accessibility None
Parking Type On Street, Off Site
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Eastern Lebanon County
High Schools Eastern Lebanon County Senior
School District Eastern Lebanon County
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with David A Wissler • Shepherd Real Estate, LLC
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