$332,500
$369,900
10.1%For more information regarding the value of a property, please contact us for a free consultation.
9,081 SqFt
SOLD DATE : 10/01/2020
Key Details
Sold Price $332,500
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,081 sqft
Price per Sqft $36
Subdivision Downtown Chambersburg
MLS Listing ID PAFL173710
Sold Date 10/01/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $9,216
Tax Year 2019
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 37x256
Property Description
Attention Investors! Excellent opportunity now available just off the square in downtown Chambersburg! 9,081 square foot building includes 2 rented retail spaces on the main level, 4 one bedroom apartments on the second level with long term tenants, and 17 parking spaces. 10 parking spaces are leased for $270 per month and the other 7 spaces are for tenants. The four apartments have separate furnaces and water heaters and the tenants pay all utilities. Coin laundry in common area on upper level. Two new high efficiency gas boilers were installed in 2015 and service the retail spaces. Third level is being conveyed as is but does offer further opportunity for additional rental units . Property backs to an alley and the walk way to downtown is nearby. Total gross annual income is $55500.
Location
State PA
County Franklin
Area Chambersburg Boro (14502)
Zoning COMMERCIAL-MIXED USE
Interior
Hot Water Electric
Heating Forced Air, Hot Water
Cooling Window Unit(s)
Flooring Wood
Heat Source Natural Gas
Exterior
Garage Spaces 17.0
Utilities Available Electric Available, Phone Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
View City
Roof Type Rubber
Street Surface Paved
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 17
Garage N
Building
Lot Description Premium
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Chambersburg Area
High Schools Chambersburg Area Senior
School District Chambersburg Area
Others
Tax ID 5-1C57-45
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector,Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jennifer J Martin • Antietam Realty
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”