Remarks

AUCTION PROPERTY. Auction date is Saturday, April 26th @ 10AM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 60 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: 2.5 Story brick 8 unit apartment building w/4196 SF finished area, (4) 2 bedroom, (3) 1 Bedroom and (1) efficiency units w/ appliances included in all units except one, electric heating & cooling mini-splits in all units, basement, laundry w/coin operated washer & dryer., low maintenance exterior & insulated windows. RECENT UPGRAGES: Driveway seal-coating (done in ’20), HVAC system (new ’18), new paint in 2 units (in ’21) & complete renovation on 1 unit w/updated kitchen, bathroom, plumbing, electric, flooring & paint. OUTBUILDINGS: 1 story masonry 3 car garage 36x24 w/electric, barn/shop building 45x24 w/open front all on 1.7 ACRE COUNTRY LOT w/large macadam parking lot, mature shade, public water & sewer. Clean & well maintained w/good rental history & cash flow w/ yearly gross income $81,430. NOTE: Great opportunity to purchase clean, well maintained apartment buildings w/ steady income! Modest rents w/potential increase on all units and garage(s). Plenty of macadam parking. Ideal investment opportunity w/lots of potential. Three separate parcels sold as an entirety. Minutes to Lancaster, Leola & Eden w/easy access to Rts. 272, 222 & 30. Terms 10% down, balance 60 days or before. Personal inspection by appointment or Open Houses, Saturday, April 5, 12 & 19 from 1-4 PM.

Details

MLS#: PALA2067038
Price: $700,000

Year Built: 1817

County: LANCASTER
Tax Fee: 13151.0