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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,984 sqft
Price per Sqft $87
MLS Listing ID PALA175180
Sold Date 01/13/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,408
Originating Board BRIGHT
Year Built 1941
Annual Tax Amount $4,696
Tax Year 2021
Lot Size 0.790 Acres
Acres 0.79
Lot Dimensions 0.00 x 0.00
Property Description
This 4 unit building consists of 3 apartments in the main building, with a trailer owned by tenant, and only lot rent received by owner. Three apartments are in good shape with many updates including paint and plank flooring. All tenants pay there own electric and heat. There is a vacant trailer that owner has letter from former tenant that he may have it removed, and township has agreed to allow owner to place a new mobile if desired. The property currently caps 8% with potential increases of rents when lease terms renew to cap 9%, and if new mobile home is added it will cap 10%. The owner has received a price of $70,000 to purchase mobile and have installed.
Location
State PA
County Lancaster
Area Ephrata Twp (10527)
Zoning RESIDENTIAL
Rooms
Basement Partial
Interior
Hot Water Electric
Heating Baseboard - Electric, Forced Air
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Oil
Exterior
Garage Garage - Front Entry
Garage Spaces 1.0
Waterfront N
Water Access N
Accessibility None
Parking Type Detached Garage
Total Parking Spaces 1
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Ephrata
High Schools Ephrata
School District Ephrata Area
Others
Tax ID 270-79823-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Conventional, Cash, VA
Listing Terms FHA, Conventional, Cash, VA
Financing FHA,Conventional,Cash,VA
Special Listing Condition Standard
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Bought with Anita Stoltzfus • Kingsway Realty - Ephrata