- /
$585,000
$639,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
6,330 SqFt
SOLD DATE : 01/27/2025
Key Details
Sold Price $585,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,330 sqft
Price per Sqft $92
MLS Listing ID PALA2060798
Sold Date 01/27/25
Originating Board BRIGHT
Year Built 1911
Annual Tax Amount $7,144
Tax Year 2024
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 0.00 x 0.00
Property Description
Discover a rare opportunity to own a well maintained 5-unit rental building located out in the country in the village of Conestoga. This property offers not only a steady stream of income but also the potential for significant appreciating in value. This building features a mix of spacious one and two bedroom apartments, catering to a wide range of tenants. Each unit is well maintained and a few are updated. Recent updates on some are new flooring, new bathroom, new appliances and fresh paint. Current rental income is not to its full potential. There are additional sheds in the back that can bring in added rent, ample parking room and a full propane generator is included in the sale. A great investment opportunity!
Location
State PA
County Lancaster
Area Conestoga Twp (10512)
Zoning 117 APT. 5 FAMILY DWELLIN
Interior
Hot Water Electric
Heating Radiant
Cooling None
Flooring Carpet, Ceramic Tile, Vinyl, Hardwood
Equipment Some
Heat Source Oil
Exterior
Garage Spaces 8.0
Utilities Available Cable TV Available, Electric Available, Sewer Available, Water Available
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Lot Description Front Yard, Rear Yard
Sewer On Site Septic
Water Private, Well
New Construction N
Schools
Elementary Schools Conestoga
High Schools Penn Manor
School District Penn Manor
Others
Tax ID 120-47905-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with DeAnna Marie Warner • CENTURY 21 Home Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "