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THIS IS A 6 UNIT. Unique Income Producing Property offers 4 tax parcels all on one deed! Featuring 6 rented dwelling units and 2 separate garages with large storage/workshop space to provide a steady flow of income for investors. Each tenant pays their own electric and gas. Owner pays taxes, insurance, W/S/T & common electric. 814 6th St. is a 2 unit, 2 story with a detached 1 car garage & enormous storage/workshop. The 1st floor studio ($680 mtm) and 2nd floor 1 BR ($625 1 Year), both have electric BB heat. The detached side garage is not currently rented but will provide nice additional income or the new owner can use as their own storage space. 816 6th street is a 1 BR/studio with new water heater. ($650 mtm). The final 2 parcels feature 2.5 story brick duplexes with gas heat. 818 6th St (Left Side multi-unit) 1st floor is currently used as a 2BR ($780 mtm) & 2nd floor w/finished attic ($780 mtm). 820 6th St (Right Side-Single Family Home) is a spacious 3 BR/1 BA home with a partially finished basement, 2nd full bathroom and off-street parking. ($975 mtm - In addition to the electric and gas, this tenant also pays their own water/sewer.) To the rear of the property is a very large detached garage that has its own electric, commode and sink. ($600 mtm). This expansive property must be sold together as the garage/storage buildings flow between parcels and are on one deed. Lots of great income potential with this investment property! The seller has owned the property since 1994 and many of the tenants are long time renters. Convenient to shopping, downtown and bus routes. (Tax Parcels: 338-9967300000 / 338-9767500000/ 338-9567600000 / 338-9347800000). Taxes on MLS reflect all properties combined. See info under documents for Income/Expense info.
| DAYS ON MARKET | 85 | LAST UPDATED | 9/29/2023 |
|---|---|---|---|
| TRACT | WEST END OF CITY | YEAR BUILT | 1900 |
| COMMUNITY | LANCASTER CITY | GARAGE SPACES | 2.0 |
| COUNTY | LANCASTER | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| School District | SCHOOL DISTRICT OF LANCASTER |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | LANCASTER CITY |
| BASEMENT | Combination, Yes |
| CONSTRUCTION | Block, Brick, Stick Built |
| GARAGE | Yes |
| HEAT | Baseboard - Electric, Hot Water, Radiator |
| HOA DUES | None |
| LOT | 10019 sq ft |
| SEWER | Public Sewer |
| STYLE | Other |
| SUBDIVISION | WEST END OF CITY |
| TAXES | 13043.00 |
| UTILITIES | Natural Gas Available,Electric Available,Sewer Available,Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Welcome Home Real Estate, sold by RE/MAX Of Reading
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