Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1981
Sq.Footage
1,740
Fantastic investment opportunity in the Cabbage Hill/SOWE neighborhood of Lancaster City. Join the exciting developments in this area in 2021, with close proximity to downtown restaurants, galleries, and markets. There is a strong need for off-street parking in this neighborhood, as many homes do not offer off-street parking for a vehicle. This large parking lot with 17 total spaces, currently rented by long term tenants with over 8% gross ROI and minimal maintenance. Current rent is $50 per space, per month. Low maintenance required with this investment offering! This property can also be sold with another parking lot at 663 Union (Rear) Street, Lancaster PA 17603 (18 spots) (refer to MLS # PALA182080, as a package deal for $220,000.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1
-
Lot Size(square feet)
4,356
-
Property Type
Commercial Sale
Price
-
Sales Price
$115,000
-
Tax Amount
$1,778
-
Financing Options
Conventional, Cash
-
Sq. Footage
1,740
-
Price/SqFt
$66
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Water Source
None
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Location
County
LANCASTER
Elementary School
Middle School
High School
Listing Courtesy of Mick Kalata, Berkshire Hathaway HomeServices Homesale Realty
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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