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39 E Main Street

EPHRATA, PA 17522
  • $1,050,000
  • STATUS: Pending
  • ON SITE: 13 Days
  • ID#: PALA2031892
Pending
UPDATED: 67 min ago
$1,050,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1936
County:

School Ratings & Info

School District:

Description

This ten unit property features (3) 1 Bedroom, (2) 2 bedrooms, (1) 3 bedroom and (4) commercial spaces. A fully rented dwelling in excellent condition. The front of the building has new siding less than 5 years ago. All units have heat pumps and central air and all are newer units within the last 5 years except for two units. The units are housed on the flat roof. Interior of the building is kept cleaned bi-weekly and all apartments show well. All tenants pay there own heat and electric and owner pays water, sewer and trash. Has a monthly cash flow of $8270.00 and yearly $99240.00. It nets $81508.00 with a cap rate of 7.8%. Bring your investors.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Home Advisors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-23T18:52:12.913.
www.lancasterhomesale.com/homes/137581311
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39 E Main Street EPHRATA, PA 17522

  • Price: $1,050,000
  • Status: Pending
  • On Site: 13 Days
  • Updated: 67 min ago
  • ID#: PALA2031892
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1936
Built
Neighborhood:
Ephrata Boro (10526)
County:
Lancaster
Area:
Ephrata Boro (10526)
School District:
Ephrata Area
Property Description
This ten unit property features (3) 1 Bedroom, (2) 2 bedrooms, (1) 3 bedroom and (4) commercial spaces. A fully rented dwelling in excellent condition. The front of the building has new siding less than 5 years ago. All units have heat pumps and central air and all are newer units within the last 5 years except for two units. The units are housed on the flat roof. Interior of the building is kept cleaned bi-weekly and all apartments show well. All tenants pay there own heat and electric and owner pays water, sewer and trash. Has a monthly cash flow of $8270.00 and yearly $99240.00. It nets $81508.00 with a cap rate of 7.8%. Bring your investors.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8712.00 Cooling Central A/C Heating Heat Pump - Electric Backup Heating YN Yes Inclusions (6) Stoves(5) Refrigerators(4) Microwaves(4) Dishwashers (2) Coin Operated Washers(2) Coin Operated Dryers Net Square Feet 8712.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 17732.00 Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Entry Level 1 Gross Income 99240.00 Heating Fuel Electric Hot Water Electric Insurance Expense 2000.00 Municipality Ephrata Boro Navigable Water YN N Net Operating Income 81508.00 New Construction YN No Number Of Units Total 10 Operating Expense 6800.00 Operating Expense Includes WaterSewerTrashInsurance Original MLSNumber 802199176356 Owner Pays InsuranceSewerTaxes - Real EstateWater Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 11398.00 Tax Assessment Amount 487300.00 Total Actual Rent 99240.00 Vacation Rental YN No Water Source Public Zoning Mixed Use

Listing courtesy of Focus Realty Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Home Advisors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-23T18:52:12.913.
 
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CENTURY 21 Home Advisors
219 Granite Run Dr.
Lancaster PA, 17601