Address
142 Lincoln Way W, Chambersburg, PA
Price
$ 649,900
Property Attributes
- MLS#PAFL2019928
- TypeCommercial
- CountyFRANKLIN
- CityChambersburg
- AreaChambersburg Boro
- Zip17201
- StyleApartment Building
- Year Built1900
- Taxes$ 3564
- Price$ 649,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7124
- Lot Size0.28 Acres
Data Source:
Bright MLS
Property Description
8 Unit Apartment Building! Don't miss out on an opportunity to own this renovated 8 unit apartment building, only 1.5 blocks from the square. This building is just down the street from the new Amphitheater that will be constructed along the stream. This building has just been remodeled during the last 18 months with an estimated $200,000 spent on remodeling. This building also has a small office that could be leased out plus the 8 apartments. Other features include a large off street parking lot with a wide alley to get to it and a lot of potential storage in the basement. Most of the windows have been replaced, new bathrooms, and new kitchens were completed. The tenants pay electric, trash, and gas. Landlord pays water and sewer. This is being offered at a great 9% CAP Rate. Don't miss your opportunity to own this incredible remodeled property! All the apartments are currently rented. Disclosure: Listing agent has a financial interest in the property.
| Price History | |
|---|---|
| 5/6/2024 | Listed $649,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | Ceiling Fan(s),Window Unit(s) |
| Possession | Settlement |
| Zoning | DISTRIBUTED COMMERCIAL HW |
| Construction Materials | Brick,Block |
| Year Built | 1900 |
| Property SubType | Five Or More Units |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Sewer,Water |
| Business Type | Apartment Building |
| Accessibility | None |
| County | FRANKLIN |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | This property is one block from the square of Chambersburg. This property will be on the left on Lincoln Way West just past the Tracks Restaurant. |
| ModificationTimestamp | 2024-05-06T12:38:54 |
| City | CHAMBERSBURG |
| Buyer Agent Compensation | 10000 |
| Disclosures | Agent has Financial Interest |
| MLS Area | Chambersburg Boro (14502) |
| Lot Size Square Feet | 12197.00 |
| Tax Assessed Value | 19380.0 |
| Waterfront Y/N | No |
| Street Name | LINCOLN |
| Tax Annual Amount | 3564.0 |
| Property Condition | Good |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Days on Market | 1 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | $ |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | WAY |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 12 |
| Type of Parking | Parking Lot |
| Land Use Code | CC |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Size Acres | 0.28 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 2880.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 17201
Price
Taxes
Visits
Year Built
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