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Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $130
MLS Listing ID PALN2014834
Sold Date 06/28/24
Style Converted Dwelling
Abv Grd Liv Area 3,520
Originating Board BRIGHT
Year Built 1962
Annual Tax Amount $6,432
Tax Year 2023
Lot Size 1.037 Acres
Acres 1.04
Property Description
***This will be a multiple offer situation, with a deadline of Monday at 2:00 for all offers (June 3, 2024). Escalation clauses are welcome. *** This multi-unit building includes 3 apartments, an office rental, basement rental storage with large overhead garage door, and includes the separately deeded 4 car garage rental behind the main building. The taxes, lot size, and lot square footage are for both parcels combined. The main building rests on .59 acres, and the garages rest on .45 acres. Rental rates were intentionally kept low for long term renters. See attached info on current rental income vs projected rental income based on current market rates. All units will be available to view with overlapping showings on Friday, 5/31 from 4:00 to 7:00 pm, and Saturday, 6/1 from 12:00 to 3:00. Schedule your appointment ahead to view the entire building on one of those days! All units have long term renters, and are all on month to month leases (except the office). 210 is the office rental, 210 A is a 2 bedroom unit on the second floor, 210 B is a one bedroom on the south side, and 210 C is a two bedroom on the north side. The basement storage area has high ceilings and a mezzanine. The rear garage units are for storage only (electric was cut in 2000), not for any working type of garages. Apartment renters pay for the natural gas heat and electric. Owner pays trash, water and sewer. All units have their own separate entrances with no shared spaces.
Location
State PA
County Lebanon
Area Myerstown Boro (13215)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Ramp - Main Level
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Eastern Lebanon County
Others
Tax ID 15-2371128-384304-0000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Ginger Parker • Howard Hanna Krall Real Estate