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:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

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/67395048

117 Hershey Avenue Lancaster, PA 17603

  • Price: $50,000
  • Status: Closed
  • Updated: 156 min ago
  • MLS #: 257533
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1,342
SQFT
$37
$/SQFT
1958
Built
Neighborhood:
Lancaster City
County:
Lancaster
Area:
Lancaster
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

Allocated Parking Spaces 6 Construction Masonry Exterior Concrete BlockOther - See Remarks Improvement Heights 1 Story Location CornerOther - See RemarksResidential Area Lot Size Less Than .25 Ac Lot Size Dimensions 71X40x72x40 Off Street Parking Spaces 1 Parking On Site Rail None Road Access City RoadOther - See Remarks Road Frontage 71 Roof Rubber Topography Level Truck Door Heights Not Applicable Truck Doors Not Applicable

Interior Features

Avail Office Sq Ft 0.00 Avail Retail Sq Ft 0.00 Avail Sq Ft 1342.00 Avail Warehouse Sq Ft 1342.00 Ceiling Heights 8 - 10 Ft Hot Water None HVAC No Heat

Property Features

Annual County Tax 170.69 Annual Municipal Tax 640.71 Annual School Tax 1268.50 Assessment 45700.00 Association No Association Fee Includes Other - See Remarks Commerical Type Commercial Current Use Garage RepairGaragesMini StorageWarehouse Electric System 50 - 200 Amps Features Amenities Concrete Floors Form Of Ownership Fee Simple Fuel Tanks None Gross Income 5600.00 Land Use Code 465 Municipality Or Township Lancaster City Net Income 3520.10 Operating Expenses 0.00 Possible Use Garage RepairGaragesMini StorageWarehouse Sale Real EstateRental UnitsSale Sewer Other - See Remarks Sq Ft From Public Record Yes Total Tax Expenses 2079.90 Total Taxes 2079.90 Utilities Available Electric Water Other - See Remarks Zoning Other - See RemarksResidential Zoning Free Form R5

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