Twitter
Facebook
Email
|
AUCTION DATE - Monday, April 3, 2023 at 4 pm - LISTED PRICE IS AN OPENING BID ONLY AND IS NOT INDICATIVE OF THE FINAL SALE PRICE. REAL ESTATE: 2.5 Story brick/vinyl 4 unit apartment building w/approx. 3,500 sq. ft. finished area. Potential to build an additional 4 unit townhouse in rear of lot (special exception needed, subject to township approval). 1st floor commercial unit: Approx. 900 sq. ft. w/half bath. Currently rented to U.S. Post Office. Main floor apartment: Approx. 1,000 sq. ft. w/2 bedrooms, 1 bath, living room, kitchen w/range & refrigerator, laundry area w/washer & dryer. Rear entrance. Second floor apartments: Approx. 800 sq. ft. each unit, includes 1 bedroom, 1 bath, living room, kitchen, laundry area & rear entrance w/covered deck (only 1 2nd floor unit includes range, refrigerator, washer & dryer). Hardwood flooring throughout. Electric baseboard. Basement. Low maintenance exterior w/insulated windows, covered front porch & detached 1.5 story frame barn 27x21 w/lean to 27x10. Clean & well maintained w/good rental history & cash flow w/yearly gross income $39,276 w/net income $31,249. Note: Great opportunity to purchase clean, well maintained apartment building w/steady income! Modest rents. Potential of business/apartment mix. Ideal investment opportunity w/lots of potential. Terms 10% down, balance 60 days or before.
| DAYS ON MARKET | 85 | LAST UPDATED | 6/9/2023 |
|---|---|---|---|
| TRACT | REAMSTOWN | YEAR BUILT | 1832 |
| COMMUNITY | EAST COCALICO TWP | COUNTY | LANCASTER |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| School District | COCALICO |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | EAST COCALICO TWP |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Gravel Driveway |
| HEAT | Baseboard - Electric |
| HOA DUES | None |
| LOT | 0.45 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Public Sewer |
| STYLE | Detached, Other |
| SUBDIVISION | REAMSTOWN |
| TAXES | 5377.00 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Jeremy
Ganse to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Kingsway Realty, sold by Non Subscribing Office
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.