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Michael Segarra

michael@segarrahomes.com +1(717) 876-6877

Listed by Matt Czaus • U.S. Commercial Realty

$290,000

Est. payment - /mo

1,742 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALA2094002

Year Built 1900

Annual Tax Amount $4,867

Tax Year 2018

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Excellent opportunity to purchase a fully leased, recently renovated property in the SOWE District of Lancaster City. This is a 2 unit investment featuring a commercial tenant on the first floor front of the building and a 4 bed/1 bath apartment with access to the side and rear of the building. The property has recently been improved with a new commercial storefront and facade improvement occurring in 2019. During that time the HVAC was also replaced. Investors should take note that a brand new roof was installed in 2023. All of this while the rents remain abnormally low, and Buyer can insert there management and bring the rents back to market rate. See MLS PALA2094054 for Lease information.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning R-3-RESIDENTIAL MEDIUM

Interior

Hot Water Natural Gas

Cooling Central A/C

Flooring Hardwood

Heat Source Natural Gas

Exterior

Utilities Available Cable TV, Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Rubber,Shingle

Accessibility Doors - Swing In

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 338-92191-0-0000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

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Nearby Locations

Michael Segarra

Broker / Owner / Realtor® License ID: RM4224129

+1(717) 876-6877 | michael@segarrahomes.com

602 ST JOSEPH ST Lancaster, PA 17603

Michael Segarra

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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