1338/1340/1342 W Main St, Ephrata, PA 17522

$575,000

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List Price
$575,000
Days on Market
6
Status
ACTIVE
MLS#
PALA2092224
Lot Size (Acres)
0.4
Year Built
1870
County
Lancaster
School District
Ephrata Area

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.

Additional Information

Area
Ephrata Boro (10526)
Taxes
$4486
School District
Ephrata Area
Heating
Radiator
Heating Fuel
Oil
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Hauenstein Agency, Inc.. Contact: 7177339194