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
Documents
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.