$375,000
$395,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
8,800 SqFt
SOLD DATE : 01/25/2021
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $42
MLS Listing ID PACB128244
Sold Date 01/25/21
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $8,880
Tax Year 2020
Lot Size 0.400 Acres
Acres 0.4
Property Description
Opportunity to purchase a full-occupied 9 unit income-producing property in Mt. Holly Springs! Converted church is now 9 units; 5 one bedroom apartments and 4 two bedroom apartments. Gross annual rent of nearly $60k/year. Most one bedroom apartments have their own balcony and private entry. Common laundry for all occupants. Not only are there 9 fully-occupied units, there is unit 10, a single-family 3bd/1.5 bath property at 238 N Baltimore Ave. The single-family is in need of repair, however with some renovation the gross rents on the combined 10 units may exceed $72k/year. Owner pays for water/sewer/trash/common electric. This is an amazing opportunity that should not be overlooked!
Location
State PA
County Cumberland
Area Mt Holly Springs Boro (14423)
Zoning RESIDENTIAL MULTI-FAMILY
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 8
Garage N
Building
Lot Description Flood Plain
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Carlisle Area
School District Carlisle Area
Others
Tax ID 23-32-2336-130
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Christopher Foltz • United Real Estate of Central PA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
GET MORE INFORMATION