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Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,932 sqft
Price per Sqft $55
MLS Listing ID PALN2009650
Sold Date 06/15/23
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $4,524
Tax Year 2022
Lot Size 10,890 Sqft
Acres 0.25
Property Description
***Offer deadline - Thursday May 18 10am. Due to receiving offers and strong feedback indicating more offers are coming, seller has set an offer deadline.
Wow, potential cash cow in Richland Borough!!! Great investment opportunity to add to your real estate portfolio or for that supplemental retirement income!!! Fully rented 5-unit property. Buy and start collecting rent!!! 2 buildings; front has 2 units, back has 3 units with potential for 4th with proper permits and zoning approval. Some long-term tenants with low rents. Rents could be increased to match current market rates. Seller pays heat for back house only. Both buildings are a total of 5932sq ft. front house is 2348sq. ft., rear house is 3484 sq. ft. (per tax record). ***Buyer/Agent to verify. Nice size units boast 2 bedrooms, 1 bath each. Large lot with off street parking for up to 8 vehicles. Property is being sold in AS IS CONDITION. Qualified buyers/Investors only!!! Please use these tax ID's 17-2383476-377440-0000 & 17-2383476-377440-0000/02 on the contract
***Showings to begin May 16 and 17 between the hours of 10AM and 2PM each day to minimize inconvenience to tenants. Please schedule at least 24 hours in advance. Listing agent will accompany all showings. Agents bring your investors.
Location
State PA
County Lebanon
Area Richland Boro (13217)
Zoning RESIDENTIAL
Interior
Hot Water Electric, Natural Gas
Heating Hot Water, Radiator
Cooling None
Flooring Carpet, Laminated, Vinyl, Wood
Heat Source Oil, Natural Gas
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
View Street
Roof Type Asphalt,Metal,Flat
Accessibility None
Parking Type Driveway, On Street
Total Parking Spaces 8
Garage N
Building
Foundation Crawl Space, Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Fort Zeller
Middle Schools Eastern Lebanon County
High Schools Eastern Lebanon County Senior
School District Eastern Lebanon County
Others
Tax ID 17-2383476-377440-0000 & 17-2383476-377440-0000/02
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Ron Mummau • Berkshire Hathaway HomeServices Homesale Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "