Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
N/A
Property closed on Thursday Nov. 10th, 2022, just put in Bright MLS for Comparable Purposes, was never actually listed on the open market.: Great investment opportunity sitting on 7.5 acres! 19 Units that have been updated and well maintained. There are 7 efficiencies, (2) 1 bedroom units, and (10) 2 bedroom units. All units are renovated in last 2-3 years except unit #11. Property grandfathered in for 20 units. Vinyl plank flooring throughout most units ,newer water heaters for most units, new electrical fixtures, wiring, and service panels throughout. new plumbing throughout, new main roofs, new replacement windows, new doors, new gutters, new well pump, new vinyl siding, new electric baseboard heat for all units. Two parking lots for parking up to 60 vehicles. Parking lot on right side was recently paved in last 2 years. Please see the property feature sheet to highlight all improvements! There are 3 wells on the property but only using one well as a private water company that is regulated by the state with a new electronically monitored water system from Martin's Water Conditioning system for whole property. Property has back up propane generator to keep water system running. Owner spent over $500K in improvements to property since their ownership. Per township, ability to subdivide unimproved land off in approximately 1/2 acre single family building lots along Jonestown Rd. There is approximately 3 acres that can be subdivided off.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
7.46
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Private
Financial
-
Sales Price
$1,475,000
-
Tax Amount
11150.0
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Location
County
LEBANON
Elementary School
Middle School
High School
Listing Courtesy of David A Wissler , Coldwell Banker Realty
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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