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

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.

More Information MLS# 20-82294

Contract Information

Book Section: Commercial Assessed Valuation: 311600 Current Price: $850,000 Begin Date: 2019-10-19 Status: Closed Sold Price: $850,000

General Property Description

Realtor.COM Type: Commercial Apx Below Grade Finished SqFt: 2548 Apx Above Grade Finished SqFt: 7216 Lot Size: .25 Basement: Finished Total Bathrooms: 14 Garage Stall: See Remarks Garage Type: Off Street Parking Total SqFt.: 9764 Year Built: 1969 Stories: 2

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

Remarks

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

Amenities

Paved Streets: 1 Sidewalks: 1 Street Lights: 1

Details

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

Basement/Foundation

Heated: 1 Sump Pump: 1 Walk Out/Daylight: 1

Exterior Finish

Brick: 1 Wood: 1

Services/Utilities

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

Roof Type/Year

Roof Year: January, 2013 Shingle: 1

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

Income and Expenses

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

Sold Information

Under Contract Date: 2019-12-13 Sold Date: 2020-02-21 Sold Price: $850,000

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

Property Features

Amenities: Paved Streets; Sidewalks; Street Lights Exterior Finish: Brick; Wood
Listing Office: COLDWELL BANKER PENN ONE REAL ESTATE
Listing Agent: MARTHA 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.