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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.
Property Type(s):
Commercial
| Last Updated | 4/7/2025 | Year Built | 1817 |
|---|---|---|---|
| Community | Manheim Twp (10539) | County | LANCASTER |
SCHOOLS
| 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 |
Location
Listing provided by Kingsway Realty - Ephrata
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/7/25 10:35 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
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