663-673 Union Street , Rear

    LANCASTER, PA 17603
    • $200,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: PALA161172
    $200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    School District:

    Description

    This is a fantastic investment opportunity, two parking lots in Lancaster City in one deal with 80%+ of the total spots rented out by long term tenants. Parking spot lines have recently been painted at both properties. This parking lot has 18 spots available for rent with, 13 currently under verbal lease at a price of $45 a month. This sale also includes another parking lot located at 409 High St, Lancaster. The additional lot has 17 parking spaces and all are currently leased at $45 a month, with several people on a waiting list to rent spots when available.Upkeep includes snow removal, and a small strip of grass to be mowed w some occasional tree trimming. Return on Investment numbers are available upon request provided by the current owner. If you trying to avoid investing in a risky stock market, parking in a city will always be necessary. With low maintenance and 30 of the 35 spots leased, start getting paid the day of settlement.Purchase has option of 50% of settlement price due at closing, and the remaining 50% due on or after 1/1/21. For this option to be considered a $10,000 non-refundable deposit will be required with initial 50% at settlement.

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    ©2020 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 Iron Valley Real Estate. 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: 2020-03-30T23:49:11.297.
    www.amandakrall.com/homes/104216748

    663-673 Union Street , Rear LANCASTER, PA 17603

    • Price: $200,000
    • Status: Active
    • ID#: PALA161172
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Lancaster City (10533)
    County:
    Lancaster
    Area:
    Lancaster City (10533)
    School District:
    School District Of Lancaster
    Property Description
    This is a fantastic investment opportunity, two parking lots in Lancaster City in one deal with 80%+ of the total spots rented out by long term tenants. Parking spot lines have recently been painted at both properties. This parking lot has 18 spots available for rent with, 13 currently under verbal lease at a price of $45 a month. This sale also includes another parking lot located at 409 High St, Lancaster. The additional lot has 17 parking spaces and all are currently leased at $45 a month, with several people on a waiting list to rent spots when available.Upkeep includes snow removal, and a small strip of grass to be mowed w some occasional tree trimming. Return on Investment numbers are available upon request provided by the current owner. If you trying to avoid investing in a risky stock market, parking in a city will always be necessary. With low maintenance and 30 of the 35 spots leased, start getting paid the day of settlement.Purchase has option of 50% of settlement price due at closing, and the remaining 50% due on or after 1/1/21. For this option to be considered a $10,000 non-refundable deposit will be required with initial 50% at settlement.
    Exterior Features

    Construction Materials Other Garage YN No Lot Features Additional Lot(S)Road Frontage Parking Features FencedLighted ParkingPaved ParkingPrivate Parking Types Parking Lot Property Condition As-Is ConditionAverage+ Riparian Rights YN No Road Surface Type Black TopPaved Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling None Heating None Inclusions Parking Lot Located At 409 High StreetLancaster. Net Square Feet 7405.00 Security Features Non-Monitored

    Property Features

    Acceptable Financing CashContractConventionalInstallment SaleNegotiableOther Accessibility Features None Assessment Year 2020 Association YN No Business Type Parking Lot Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Incorporated City Name Lancaster City Lease Considered YN No Navigable Water YN N New Construction YN No Operating Expense Includes LandscapingRepair/MaintenanceSnow Removal Original MLSNumber 304065954622 Owner Pays Lawn/Shrub CareRepairsSnow RemovalTaxes - Personal PropertyTaxes - Real Estate Ownership Interest Other Possession Immediate Property Sub Type Other Sale Type Standard Sewer No Septic SystemNo Sewer System Tax Annual Amount 1846.00 Tax Assessment Amount 50600.00 Vacation Rental YN No Water Source None Zoning Commercial

    Listing courtesy of Berkshire Hathaway Homeservices Homesale Realty.


    ©2020 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 Iron Valley Real Estate. 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: 2020-03-30T23:49:11.297.
     
    Iron Valley Real Estate
    1958 Quentin Road
    Lebanon PA, 17042