27 S 5TH Street, Lewisburg, PA 17837 (MLS# 20-82294)

27 S 5TH Street, Lewisburg, PA 17837

$850,000

Property Type: Commercial Baths: 14 Square Footage: 9,764 Status: Closed

Current Price: $850,000 List Date: 10/22/2019 Last Modified: 2/21/2020

Overview

Description

An excellent time to invest in real estate. 12 various size residential apartments, 1 professional office. Every unit has an off street parking space. Parking lot repaved 2019. Beautifully maintained by professional management group, cost 10% of gross rent collected., All appliances included, coin operated laundry, All security deposits transferable, all apartments fully leased, professional office space utilized by owner. Leases and Income and expense statements available. Additional income/expense, income verification, etc supplied by contacting the office. Confidentiality statements required for information. Property is located in the 500 year plain. Seller is not required to carry flood insurance.

Listing Details MLS# 20-82294

Contract Information

Book Section: Commercial
Begin Date: 2019-10-19
Assessed Valuation: 311600

Sold Information

Under Contract Date: 2019-12-13
Sold Date: 2020-02-21

General Property Description

Realtor.COM Type: Commercial
Total SqFt.: 9764
Apx Below Grade Finished SqFt: 2548
Apx Above Grade Finished SqFt: 7216
Year Built: 1969
Stories: 2
Total Bathrooms: 14
Garage Type: Off Street Parking
Garage Stall: See Remarks
Basement: Finished

Location Tax and Other Information

Area: Lewisburg
House Number: 27
Street Direction Pfx: S
Street Name: 5TH
Street Suffix: Street
County: Union
State/Province: PA
Postal Code: 17837
Municipality: Lewisburg
PIN Number: 134
Zoning: DC-Downtown Com

Remarks

Directions: Market Street, south on 5th St
Permanent Book Msg: A PERFECT TIME TO INVEST ...

Details

P & L: Yes
Exclusions: See- Private Remarks
Leased: Yes
# of Parking Spaces: 14

More Information

Income and Expenses

Gross Sales/Rents: 141120
Cst of Gds/Vac Allow: 7036
Gross Profit: 141120
Accounting/Legal: 18646
Insurance: 4000
License/Permits: 1320
Maint & Repair: 560
Taxes: 11128
Utilities: 9812
Miscellaneous: 3000
Total Oper Expenses: 40146
Net Oper Income: 41466
Advertising: 0

Location, Tax and Other Information

Area By County: Union County
Flood Zone: See Remarks
DB Page: 2962
Elevation Cert: No
SpecialFloodHazArea: Yes
School District: Lewisburg
Taxes: 11220.72
Tax Year: 2019
Tax Year Addl Info: 2019-2020

Amenities

Paved Streets: Yes
Sidewalks: Yes
Street Lights: Yes

Basement/Foundation

Heated: Yes
Sump Pump: Yes
Walk Out/Daylight: Yes

Exterior Finish

Brick: Yes
Wood: Yes

Services/Utilities

Water: Public
Sewer: Public
Heating: DuctlessMini-SplitHP
Air Conditioning: Central Air
Electric Service: Breakers

Roof Type/Year

Roof Year: January, 2013
Shingle: Yes

Costs/Paid By

Electric Pd By: Tenant
Water: 2989
Water Pd By: Owner
Sewer: 1633
Sewer Pd By: Owner
Taxes: 11220.72
Taxes Pd By: Owner
Insurance: 4000
Insurance Pd By: Owner

Property Features

Amenities: Paved Streets; Sidewalks; Street Lights Exterior Finish: Brick; Wood

Documents

Listing Office: COLDWELL BANKER PENN ONE REAL ESTATE

Listing Agent: MARTHA A BARRICK

Last Updated: February - 21 - 2020

DISCLAIMER NOTICE: The information above is provided exclusively for the use of Members of the Central Susquehanna Valley MLS ('CSVBR-MLS'). Buyers and all other individuals not members of the CSVBR-MLS ('all non-MLS members') are NOT AUTHORIZED TO UTILIZE THIS INFORMATION AND HAVE NO RIGHT TO RELY ON IT. All non-MLS members must independently verify all information important to them and agree to hold all members of the CSVBR-MLS harmless from all liability for the accuracy of this information if they fail to independently verify that information. Antitrust Compliance Notice. See Notice.

27 S 5TH Street, Lewisburg, PA 17837 (MLS# 20-82294)