$649,900 $3,489 est/mo Sourced by Back At You

142 Lincoln Way W,Chambersburg, PA 17201

Chambersburg PA, 17201

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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.

Details

MLS#PAFL2019928
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site15
Listing Provided ByRE/MAX Realty Agency, Inc. | Austin Rosenbaum

Features

ZoningDISTRIBUTED COMMERCIAL HW
Acreage0.28

Market Activity 17201

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Listings Checked: 6 minutes ago
StatePA
CountyFranklin
CityChambersburg
Zip Code17201
AreaChambersburg Boro
School DistrictChambersburg Area
Listing VS Median (in 17201)
Price:
$649,900
low | high
Med:
$235,000
100% of Average
On Site:
15
low | high
Med:
60.000000
25% of Average
Sourced by Back At You
Listing Updated: May 6, 2024 at 1:13:33 PM PDT