East Earl, PA 17506,1111, 1113, 1115 MAIN ST
East Earl, PA 17506,1111, 1113, 1115 MAIN ST
East Earl, PA 17506,1111, 1113, 1115 MAIN ST
$375,000
Est. payment /mo
$389,900
3.8%
Est.Price: ?

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1,200 SqFt
SOLD DATE : 10/29/2020

Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $312

MLS Listing ID PALA167566

Sold Date 10/29/20

Style Farmhouse/National Folk

HOA Y/N N

Abv Grd Liv Area 1,200

Originating Board BRIGHT

Year Built 1985

Annual Tax Amount $6,137

Tax Year 2020

Lot Size 1.110 Acres

Acres 1.11

Lot Dimensions 0.00 x 0.00

Property Description

Great income producing investment opportunity in East Earl Twp. This property consists of 7 total leased units with 4 separate buildings. The first building has 2 residential units. These units include 1111 (1st floor, 2 bedrooms) at $715/mo. and 1113 (2nd floor, 2 bedrooms) at $675/mo. The second building (1115) is a single family 2-story dwelling with 2 bedrooms and 1.5 baths. currently at $825/mo. The third building is a large detached garage/shop with 3 separate garage/storage units with overhead garage doors totaling $545/mo. And the fourth building is a large utility shed with an overhead garage door currently used by owners. Ample parking for all units. All units are currently leased and in very good condition with separate utilities. Tenants responsible for utilities. Current annual income is $33,120. Current rents are very conservative. Market value rents would bring total annual income to $37,740.

Location

State PA

County Lancaster

Area East Earl Twp (10520)

Zoning COMMERCIAL NEIGHBORHOOD

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Garage Oversized

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 4

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Farmhouse/National Folk

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Eastern Lancaster County

Others

Tax ID 200-41300-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tyler Eberly • Horning Farm Agency
Bought with Kore J. Fisher • Hostetter Realty

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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