This property is going to onsite auction 5/8/24 at 6:00 PM and is being sold with reserve. LISTED PRICE IS ONLY A SUGGESTED OPENING BID, AND IS NOT INDICATIVE OF THE FINAL SALES PRICE WHICH WILL BE BY SELLER CONFIRMATION DAY OF AUCTION. Terms: Down payment of $20,000.00 required day of auction. Settlement on or before July 15, 2024. Transfer taxes to be paid by buyer. Real Estate taxes shall be prorated.Great opportunity to own a fully leased 5 unit in Ronks / Lancaster Area. There are 3-Efficiency apartments, (1) 1-bedroom/1 bathroom apartment, and (1) -2 bedroom/1 bathroom apartment with a common laundry area in the basement. The property is within close proximity to Amish Country and Lancaster City. Rents currently gross over $50,000 per year. The potential rents available in the area are greater than the rents that are currently being collected, which provides upside to a Buyer. The property is located close to retail, office, medical, and the population of Lancaster County.
PALA2049272
Business Opportunities, Other
LANCASTER
1930
0.55
Acres
Well
Brick,Vinyl siding
Public Sewer
1,200
Sq. Ft.
1 Total
Interior Features
- Appliances
- Electric Water Heater
- Heating
- Electric Heating. Hot Water.
Exterior / Lot Features
- Parking
- 5 Parking Spaces.
- Exterior
- Brick, Vinyl
- Roof
- Asphalt, Shingle
- Lot Dimensions
- 0.00 x 0.00
- Zoning
- Village Commercial
- Additional Exterior/Lot Features
- Corner Lot.
Financial Considerations
310-51496-0-0000
$4,946
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