Bought with John A Kriza • Beiler-Campbell Realtors-Kennett Square
$635,000
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8,276 Sqft Lot
SOLD DATE : 10/31/2025
Key Details
Sold Price $635,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALA2072232
Year Built 1900
Available Date 2025-07-10
Annual Tax Amount $10,085
Tax Year 2025
Lot Size 8,276 Sqft
Property Sub-Type Five Or More Units
Property Description
Currently fully occupied 7 unit apartment building. Showings at designated Open House times. Friday July 18 from 11 am - 12 noon and Tuesday July 22 from 3-4pm
Good income source. Newer metal roof and rubber roof. Each unit includes: refrigerator, stove and water heaters. Baseboard electric heat. Four off street parking spaces. Rent is through Lancaster Housing Authority (inspection completed Feb '25) and each tenant qualifies for the rent program with personal income and responsible for part of the monthly rent. Clear Lead Paint Certificate available. Annual rental income $92,928 . Expenses: Taxes - $10,085; Water/ Sewer / Trash – $6,470; Insurance – $3,943;
Electric common areas also includes Apartment A – $1,196; Mowing -$560; Pest Control - $382
Location
State PA
County Lancaster
Area Christiana Boro (10506)
Zoning CENTRAL BUSINESS DISTRICT
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Exterior
Garage Spaces 4.0
Water Access N
View Street
Roof Type Composite,Metal,Rubber
Building
Lot Description Corner, Road Frontage
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Octorara Area
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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