Gordonville, PA 17529,2802 E LINCOLN HWY
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Gordonville, PA 17529,2802 E LINCOLN HWY
Gordonville, PA 17529,2802 E LINCOLN HWY
Gordonville, PA 17529,2802 E LINCOLN HWY
Gordonville, PA 17529,2802 E LINCOLN HWY

$425,000

Est. payment /mo

$250,000

70.0%
Est.Price: ?

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2802 E LINCOLN HWY Gordonville, PA 17529

1,200 SqFt

SOLD DATE : 07/31/2024

Key Details

Sold Price $425,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $354

MLS Listing ID PALA2049272

Sold Date 07/31/24

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $4,946

Tax Year 2022

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 0.00 x 0.00

Property Description

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.

Location

State PA

County Lancaster

Area East Lampeter Twp (10531)

Zoning VILLAGE COMMERCIAL

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Flooring Other

Equipment None

Heat Source Electric

Exterior

Garage Spaces 5.0

Utilities Available Above Ground, Electric Available

Water Access N

View Street

Roof Type Asphalt,Shingle

Street Surface Paved

Accessibility None

Road Frontage State

Total Parking Spaces 5

Garage N

Building

Lot Description Corner

Foundation Other

Sewer Public Sewer

Water Well

New Construction N

Schools

School District Conestoga Valley

Others

Tax ID 310-51496-0-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Auction

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Bright MLS (BMLS)
Listed by Elvin A Stoltzfus • Beiler-Campbell Realtors-Quarryville
Bought with Elvin A Stoltzfus • Beiler-Campbell Realtors-Quarryville

Nancy Gowan

Advisor | License ID: 669926

+1(858) 603-2774

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