$375,000
$385,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
4,206 SqFt
SOLD DATE : 05/28/2024
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,206 sqft
Price per Sqft $89
Subdivision Lewistown Boro
MLS Listing ID PAMF2028502
Sold Date 05/28/24
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $3,854
Tax Year 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Seamless Investment Opportunity: This fully rented 9-unit multi-family property, located in the Lewistown Borough, offers a turnkey solution for investors seeking immediate passive income. Comprising two buildings complemented by an additional lot for convenient off-street parking, this property presents a compelling opportunity. Building one has 6 apartments, featuring a mix of 2-bedroom and 1-bedroom units, while building two offers three 1-bedroom apartments. Take advantage of the established rental income and updates made in recent years, positioning this investment property as a ideal choice for investors seeking an investment in the Lewistown real estate market.
Location
State PA
County Mifflin
Area Lewistown Boro (156010)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Baseboard - Electric, Hot Water
Cooling None
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Roof Type Rubber,Shingle,Metal
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 10
Garage N
Building
Foundation Block, Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mifflin County
Others
Tax ID 01,16-0308-,000 & 01,16-0310-,000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Aaron Burrell • Kissinger, Bigatel & Brower
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "