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Key Details
Sold Price $130,000
Property Type Commercial
Sub Type Garage
Listing Status Sold
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $34
MLS Listing ID 645699
Sold Date 10/27/20
Year Built 1995
Annual Tax Amount $4,664
Lot Size 0.874 Acres
Property Description
Great investment opportunity. 10 garages fully rented, ($110/month each) with waiting list.
Also included is a 1/2 acre, residential building lot with public water and sewer hook-ups (address as 7800 1/2 7th St) Could be built on or used for storage of licensed vehicles with variance from the borough. ( A large portion of lot is fenced) Lots of potential to increase rents, plus add additional income in fenced area.
NOTE: There are 12 garages total but Slatington Lions Club built 2 of them and has life lease for them. Once Club vacates, garages revert to owner
Location
State PA
County Lehigh
Area Slatington
Interior
Cooling None
Exterior
Garage On Site
Garage Spaces 40.0
Utilities Available 50-200 AMP
Building
Sewer Public
Water Public
New Construction No
Schools
School District Northern Lehigh
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with RE/MAX Unlimited Real Estate