Stevens, PA 17578,1 W CHURCH STREET
Stevens, PA 17578,1 W CHURCH STREET
Stevens, PA 17578,1 W CHURCH STREET
15
$1,185,000
$1,000,000
18.5%
Est.Price: ?

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7,830 SqFt

1 W CHURCH STREET Stevens, PA 17578

Est. payment /mo
SOLD DATE : 03/16/2022

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Key Details

Sold Price $1,185,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 7,830 sqft

Price per Sqft $151

MLS Listing ID PALA2013126

Sold Date 03/16/22

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $10,351

Tax Year 2021

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 0.00 x 0.00

Property Description

Rare investment opportunity - 12 unit apartment building 9-1 bedroom units, 3 - 2 bedroom units plus public laundromat. All units have modern kitchens & baths, each unit has heat pump/central air with the exception of the basement apartment, individual electric meters for each unit. Inside access to units via common hallways. Recent upgrades include new balconies & paved parking lot. Currently all units are rented with the exception of Unit 12. Easy to rent, great rental history & some long term tenants. Gravel lot is rented to neighboring restaurant for $400 per month. Landlord pays water & sewer for the building. This property has a great cap rate and would make a wonderful addition to a rental portfolio. Current gross income is $111,480, the laundry is not being used to its full income potential. Total expenses including taxes $27,685.

Location

State PA

County Lancaster

Area East Cocalico Twp (10508)

Zoning COMMERCIAL

Interior

Hot Water Electric, Natural Gas

Heating Baseboard - Electric, Forced Air

Cooling Central A/C, Window Unit(s)

Flooring Carpet, Vinyl

Heat Source Electric

Exterior

Garage Spaces 18.0

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

Water Access N

Roof Type Rubber,Flat,Shingle

Accessibility None

Total Parking Spaces 18

Garage N

Building

Lot Description Corner, Level, Road Frontage

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cocalico

Others

Tax ID 080-63961-0-0000

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Smoke Detector

Acceptable Financing Cash, Bank Portfolio

Listing Terms Cash, Bank Portfolio

Financing Cash,Bank Portfolio

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Wendy L Stauffer • Kingsway Realty - Ephrata
Bought with Carol Lehman • Hostetter Realty LLC

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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