Chambersburg, PA 17201,146 LINCOLN WAY W
Chambersburg, PA 17201,146 LINCOLN WAY W
Chambersburg, PA 17201,146 LINCOLN WAY W
11
$374,900
$374,900
Est.Price: ?

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4,848 SqFt

146 LINCOLN WAY W Chambersburg, PA 17201

Est. payment /mo
SOLD DATE : 11/03/2023

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Key Details

Sold Price $374,900

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,848 sqft

Price per Sqft $77

MLS Listing ID PAFL2015966

Sold Date 11/03/23

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $3,711

Tax Year 2022

Lot Size 0.260 Acres

Acres 0.26

Property Description

Don't miss out on a great investment opportunity in Downtown Chambersburg! This property is located just one block away from the Square of Chambersburg and is just a few hundred yards away from the new Amphitheater being built. The building has 5 apartments and a small laundromat for the tenants. There are 2 two-bedroom units, 2 one-bedroom unit and an efficiency apartment. The building brings in $4,600 a month in income. The building is being sold at an 11% CAP Rate, which is an incredible potential return on investment! The building sits on a large lot giving you plenty of room for potential expansion, especially with the great Distributed Commercial Zoning. Plenty of space for parking and even a private alley that gives you ingress and egress onto the property from route 30! There also is a very nice concrete floor basement that is great for owners storage. This is a great opportunity that you do not want to miss out on! Call me today for a private tour and property financials. Disclosure: Seller is a licensed Pennsylvania real estate salesperson and has a financial interest in the property.

Location

State PA

County Franklin

Area Chambersburg Boro (14502)

Zoning DCH

Interior

Hot Water Electric

Heating Forced Air

Cooling Ceiling Fan(s), Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Utilities Available Cable TV, Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Accessibility None

Total Parking Spaces 15

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Chambersburg Area

Others

Tax ID 05-1B64.-038.-000000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Austin Rosenbaum • RE/MAX Realty Agency, Inc.
Bought with Wesley E Strite • Keller Williams Keystone Realty

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agent

Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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