211 N Ann Street

Lancaster, PA 17602
  • $342,500
Sold - 03/24/2017
$342,500
SOLD - 03/24/2017
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $49
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

3 Unit Mixed Use Property. Potential for investor OR OWNER OCCUPIED! First flr 4,000sf comm/light industrial space is avail. NOI over $35k at full occupancy =9% CAP RATE. 2nd flr consists of leased comm. space & leased 2bed apt. 1st flr marketd for $2100/mo. & features retail/showrm/office area, heated warehouse space & 2 drive in doors. Boarded windows can be reopened! Ability to park 1-2 cars in fenced in rear of bldg. See photo for income/exp.

© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
www.lancasterhome.com/homes/62414822

211 N Ann Street Lancaster, PA 17602

  • Price: $389,899
  • Status: Closed
  • Updated: 59 min ago
  • MLS #: 250493
0
Beds
0
Baths
0
½ Baths
0.25
Acres
8,000
SQFT
$49
$/SQFT
1930
Built
Neighborhood:
Corner Ann & Fulton
County:
Lancaster
Area:
Lancaster
Property Description
3 Unit Mixed Use Property. Potential for investor OR OWNER OCCUPIED! First flr 4,000sf comm/light industrial space is avail. NOI over $35k at full occupancy =9% CAP RATE. 2nd flr consists of leased comm. space & leased 2bed apt. 1st flr marketd for $2100/mo. & features retail/showrm/office area, heated warehouse space & 2 drive in doors. Boarded windows can be reopened! Ability to park 1-2 cars in fenced in rear of bldg. See photo for income/exp.
Exterior Features

Design Other - See RemarksStore Front & Res Exterior Block Lot Size Dimensions 90X50 Off Street Parking Spaces 2 Parking Off Street ParkingOn Street ParkingOther - See Remarks Roof Rubber

Interior Features

1 Bedroom Units 0 2 Bedroom Units 1 3 Or More Bedroom Units 0.00 Basement None Cooling Central AirWindow Unit(S) Efficiency Units 0 Heat Electric BaseboardHeat PumpNatural Gas Hot Water Electric Storage Other - See Remarks

Property Features

Amenities Security System Annual County Tax 849.33 Annual Income Gross Income 55740.00 Annual Income Net Income 45390.55 Annual Income Operating Expenses 0.00 Annual Income Total Taxes 10349.45 Annual Municipal Tax 3283.65 Annual School Tax 6311.98 Assessment 227400.00 Association No Bank Owned Or REO No Buyer Type Investment Condition Good Electric Service 100 - 150 Amps Existing Or New Existing Income Source Apartment RentalsOffice/Comm RentalWarehouse Land Use Code C-573 Mixed Use Yes Municipality Or Township Lancaster City Owner Paid HeatOther - See RemarksSewerTrash RemovalWater Sewer Public Sewer Short Sale No Sq Ft From Public Record No Tenant Paid Unit Electric Total Taxes 10444.96 Type Detached Building Water Public Water Zoning Res/Multi-FamilyResidential Zoning Free Form R-3

Listing provided courtesy of Progressive Property Mgmt.: (717) 394-3374. © 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