117 Hershey Avenue

Lancaster, PA 17603
  • $48,000
Sold - 10/28/2016
$48,000
SOLD - 10/28/2016
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,342
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

No little piggy is going to blow this concrete structure down. It consists of 3 1-Car Garages, 1 2-Car Garage, & 1 Off-Street parking spot. A new roof & all new garage doors were installed in 2016. Fully leased with most tenants paying a year in advance. All units have electric which is paid for by the 2-Car Garage tenant. This is your opportunity to own a maintenance free, hassle free, building with a 7.04% CAP rate generating you $5,600 yearly!

© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
www.lancasterhome.com/homes/67379441

117 Hershey Avenue Lancaster, PA 17603

  • Price: $50,000
  • Status: Closed
  • MLS #: 257512
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1,342
SQFT
$37
$/SQFT
1958
Built
Neighborhood:
Lancaster
County:
Lancaster
Area:
Lancaster
Elementary School:
Verify
Middle School:
Verify
High School:
Verify
Property Description
No little piggy is going to blow this concrete structure down. It consists of 3 1-Car Garages, 1 2-Car Garage, & 1 Off-Street parking spot. A new roof & all new garage doors were installed in 2016. Fully leased with most tenants paying a year in advance. All units have electric which is paid for by the 2-Car Garage tenant. This is your opportunity to own a maintenance free, hassle free, building with a 7.04% CAP rate generating you $5,600 yearly!
Exterior Features

Design Other - See Remarks Exterior BlockFormstone Lot Size Dimensions 71X40x72x40 Off Street Parking Spaces 1 Parking 1 Car Garage2 Car Garage3 Car Garage4+ Car GarageDetachedOn Street ParkingOff Street Parking Road Frontage Feet 71 Roof Rubber

Interior Features

1 Bedroom Units 0 2 Bedroom Units 0 3 Or More Bedroom Units 0.00 Basement Slab Cooling None Efficiency Units 0 Heat No Heat Hot Water None Storage Garage

Property Features

Amenities Storage Annual County Tax 170.69 Annual Income Gross Income 5600.00 Annual Income Net Income 3520.10 Annual Income Operating Expenses 0.00 Annual Income Total Taxes 2079.90 Annual Municipal Tax 640.71 Annual School Tax 1268.50 Assessment 45700.00 Association No Bank Owned Or REO No Buyer Type Other Condition Good Documents Available Other - See RemarksPlot Plan Electric Service 60 AmpsFuses Existing Or New Existing Income Source Garage RentalsParkingStorageWarehouse Land Use Code 465 Municipality Or Township Lancaster City Owner Paid None Sewer Other - See Remarks Short Sale No Sq Ft From Public Record Yes Tenant Paid Unit Electric Total Taxes 2079.90 Type Detached Building Water Other - See Remarks Zoning Other - See RemarksResidential Zoning Free Form R4

Listing provided courtesy of Berkshire Hathaway Homeservices Homesale Realty: (717) 560-9100. © 2017 Keystone MLS Network, Inc.
© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601