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Listed by Kevin Kohl • Hauenstein Agency, Inc.
$ 575,000
Est. payment | /mo
0.4 Acres Lot
$ 575,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PALA2092224
Year Built 1870
Annual Tax Amount $4,486
Tax Year 2025
Lot Size 0.399 Acres
Acres 0.4
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Rare opportunity in Ephrata Boro for 5 unit investment property in Neighborhood Commercial District. Possibility of building accessory building check with Boro for options. Large all brick structure containing approximately 4,288 sq. feet of space, 2 - 2 story units w/2 bedrooms, 2 - 1 floor 2 bedroom units and a 1 bedroom unit in the rear. Large basement area, off street parking and a barn. 2 units recently updated with new kitchens and flooring, long term tenants, currently grosses over $60,000 per year. Owner pays heat, lawn/snow, w/s/t and house electric. Some updates needed. This is a great long term opportunity for investor to make some improvements and increase revenue and lower expenses over time. 2 tax ID's but 1 deed.
Location
State PA
County Lancaster
Area Ephrata Boro (10526)
Zoning NCD
Interior
Hot Water Oil
Heating Radiator
Cooling None
Inclusions 5 Refrigerators, 5 oven/ranges - 1 each in each unit, 1 washer and 1 dryer in 1 unit.
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Ephrata Area
Others
Tax ID 260-44532-0-0000 AND 260-41865-0-0000
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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