5 UNIT APARTMENT PROPERTY

Transcription

1 For Sale WEST VINE STREET LANCASTER, PA UNIT APARTMENT PROPERTY Michael Bowser direct line mbowser@high.net

2 Table of Contents 215 West Vine Street Lancaster, PA Property Information Sheet Rent/Expenses Property Photos Location Map Aerial Photo/Tax Map Zoning Map Commercial Property Information Sheet Residential Lead Based Paint Hazards Disclosure Form

3 For Sale Apartment Property 215 West Vine Street Lancaster, PA Total Units: Five units in two buildings Sale Price: $275,000 ($55,000 per unit) Michael Bowser Description: 5 unit apartment in the City of Lancaster. Investment opportunity or opportunity to live in one unit and rent the other units. Tenants pay heat and electric. Roof replaced in 2017 and two units have been renovated. Property Information Number of Units Five (5) units in two buildings Year Constructed Building 1: 1900, Building 2: 1950 Construction Acres Parking Water Sewer Heat Brick.06 acre None Public Public Electric baseboard (paid by tenant)

4 For Sale 215 West Vine Street Lancaster, PA Municipality Lancaster City Tax Account # Zoning R 4 (High Density Residential) Assessed Value $70,900 Real Estate Taxes School: $2,003 County $265 Township $1,024 Total $3,292 Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed. No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

5 Rents/Expenses 215 West Vine Street Lancaster, PA RENTS Unit # Bedrooms Rent/Mo Notes 1 2 BR Vacant Being renovated. To be marketed at $ BR $ BR Vacant Tenant vacated 11/1/17. To be marketed at $ BR $ BR $650 In back building. Recently renovated TOTAL PER MONTH $2,940 Inclusive of vacant unit rent TOTAL PER YEAR $35,280 Inclusive of vacant unit rent ESTIMATED EXPENSES Type Est Per Year Insurance $1,817 Trash $1,050 Electric $226 Gas $108 Water and Sewer $1,964 Exterminating $572 City Licenses $250 Real Estate Taxes $3,292 TOTAL PER YEAR $9,279 (estimated by High Associates Ltd. based on 2017 assessed value) Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed. No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

6 Property Photos 215 West Vine Street Lancaster, PA 17603

7 Location Map 215 West Vine Street Lancaster, PA 17603

8 Aerial Photos 215 West Vine Street Lancaster, PA SITE

9 Tax Map/Zoning Map 215 West Vine Street Lancaster, PA SITE SITE

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17 William Penn Way Lancaster, PA FAX Ritter Road Suite 201 Mechanicsburg, PA FAX Highlands Boulevard Suite 103 Coatesville, PA FAX David Taylor Drive Suite 130 Charlotte, NC FAX Parkland Drive Suite E Sarasota, FL FAX Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed. No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.