$942,000
$995,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
7,535 SqFt
SOLD DATE : 12/12/2023
Key Details
Sold Price $942,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,535 sqft
Price per Sqft $125
Subdivision West Earl Twp
MLS Listing ID PALA2041748
Sold Date 12/12/23
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $10,245
Tax Year 2023
Lot Size 0.990 Acres
Acres 0.99
Property Description
Investor special! Income producing property. Clean, well maintained 8 unit . Seven 1 bedroom units & One 3 bedroom detached house with garages. Nice paved parking lots - 20+ parking spaces. Coin operated laundry income producing $70.00 monthly. Total monthly income - $7,215 / Annual income $85,580 . Each tenant pays their own electric - Baseboard heat. Taxes - Spring tax $2,387 / School tax $8,208 / Total tax $10,595 . All appliances included. Fully rented apartments. Separate utilities. Off street parking. 4 storage sheds. .99 acre lot, beautiful country setting w/mature landscaping. Commercial zoning. Right in the town of Farmersville, very desirable location. Units have potential for rent increase.
Location
State PA
County Lancaster
Area West Earl Twp (10521)
Zoning C-1 COMMERCIAL
Interior
Hot Water Electric
Heating Baseboard - Electric, Heat Pump(s)
Cooling None
Heat Source Electric
Exterior
Garage Spaces 20.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 20
Garage N
Building
Foundation Stone
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Conestoga Valley
Others
Tax ID 210-95373-0-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Curvin Horning • Kingsway Realty - Ephrata
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "