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Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,325 sqft
Price per Sqft $77
MLS Listing ID PALA129594
Sold Date 09/19/19
Style Other
HOA Y/N N
Abv Grd Liv Area 2,325
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 $675, year lease 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
Rooms
Basement Daylight, Full
Interior
Hot Water Electric
Heating None
Cooling None
Heat Source Electric
Exterior
Garage Spaces 9.0
Waterfront N
Water Access N
Roof Type Metal
Accessibility None
Parking Type Parking Lot, Off Street
Total Parking Spaces 9
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cocalico
Others
Tax ID 010-14464-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Bank Portfolio, Cash
Listing Terms Bank Portfolio, Cash
Financing Bank Portfolio,Cash
Special Listing Condition Standard
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Bought with Dave Decembrino • RE/MAX Of Reading