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.
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Listing Snapshot
Price
$575,000
Days On Site
56 Days
Bedrooms
9
Inside Area (SqFt)
4,288 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4 Acres
Year Built
1870
MLS® Number
PALA2092420
Status
Pending
Property Tax
$4,486
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
a month ago
Status changed to Pending
a month ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.4
Foundation
Stone
Parking
On StreetOtherDriveway
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
4288
SqFt Total
4288
Style
Other
Water Source
Public
Zoning
NCD
Interior Features
Appliances
Electric RangeElectric OvenRefrigeratorWasherDryer
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