Excellent opportunity to purchase a fully leased, recently renovated property in the SOWE District of Lancaster City. This is a 2 unit investment featuring a commercial tenant on the first floor front of the building and a 4 bed/1 bath apartment with access to the side and rear of the… Read More building. The property has recently been improved with a new commercial storefront and facade improvement occurring in 2019. During that time the HVAC was also replaced. Investors should take note that a brand new roof was installed in 2023. All of this while the rents remain abnormally low, and Buyer can insert there management and bring the rents back to market rate. See MLS PALA2094054 for Lease information. Read Less
Courtesy of Matthew M Czaus, U.S. Commercial Realty 717-735-6000
Listing Snapshot
Days Online
12
Last Updated
Property Type
Commercial
Square Ft.
1,750
Lot Size
0.04 Acres
Year Built
1900
MLS Number
PALA2094002
Additional Details
Building
Built in 1900, Built in 2019 (effective), 2 stories, Entry level: 1, Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
Doors - Swing In
Floors
Hardwood
Heating
90% Forced Air
Lot
0.04 acres
Property
Very Good
Roof
Rubber, Shingle
Sewer
Public Sewer
Taxes
Annual Amount: $4,867, Year: 2018, Zoning: R-3-RESIDENTIAL MEDIUM, Zoning description: Residential Medium Density
Utilities
Cable TV, Electric Available, Natural Gas Available, Sewer Available, Water Available, Water Source: Public, 100 Amp Service
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