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AUCTION PROPERTY. Auction date is Saturday, April 26th @ 10AM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 60 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: 2.5 Story brick 8 unit apartment building w/4196 SF finished area, (4) 2 bedroom, (3) 1 Bedroom and (1) efficiency units w/ appliances included in all units except one, electric heating & cooling mini-splits in all units, basement, laundry w/coin operated washer & dryer., low maintenance exterior & insulated windows. RECENT UPGRAGES: Driveway seal-coating (done in '20), HVAC system (new '18), new paint in 2 units (in '21) & complete renovation on 1 unit w/updated kitchen, bathroom, plumbing, electric, flooring & paint. OUTBUILDINGS: 1 story masonry 3 car garage 36x24 w/electric, barn/shop building 45x24 w/open front all on 1.7 ACRE COUNTRY LOT w/large macadam parking lot, mature shade, public water & sewer. Clean & well maintained w/good rental history & cash flow w/ yearly gross income $81,430. NOTE: Great opportunity to purchase clean, well maintained apartment buildings w/ steady income! Modest rents w/potential increase on all units and garage(s). Plenty of macadam parking. Ideal investment opportunity w/lots of potential. Three separate parcels sold as an entirety. Minutes to Lancaster, Leola & Eden w/easy access to Rts. 272, 222 & 30. Terms 10% down, balance 60 days or before. Personal inspection by appointment or Open Houses, Saturday, April 5, 12 & 19 from 1-4 PM.
| DAYS ON MARKET | 7 | LAST UPDATED | 4/7/2025 |
|---|---|---|---|
| YEAR BUILT | 1817 | COMMUNITY | Manheim Twp (10539) |
| COUNTY | LANCASTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | MANHEIM TOWNSHIP |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ductless, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Manheim Twp (10539) |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 1.07 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Garage, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 13151 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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