NOT LISTED FOR SALE

54 E Main St Ephrata, PA 17522

Studio
-- Bath
9,368 Sq Ft
6,098 Sq Ft Lot

Last Sold April 28, 2017

Last sale price $275,000 $29 Per Sq Ft

480 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Baseboard Heating
  • Window Unit Cooling System

About This Home

As of April 2017

Rare opportunity to own this very nice, well maintained multi unit w residential apartments, large glass front commercial space(s), and private parking lot. Bring your business or invest. All residential tenants are long term w mo 2 mo leases. Apt #4 & the commercial space(s) have A/C. Commercial rent is projected & has many unique possibilities including unused finished basement space that leads to Main St. CALL FOR YOUR PRIVATE SHOWING TODAY!!!

Last Agent to Sell the Property

James Martzall

james2x4@ptd.net Keller Williams Elite Listed on: 10/27/2015

Last Buyer's Agent

R Randall Good

(717) 299-7070 esteele@williampennassociates.com William Penn Real Estate Assoc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,608

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 38x50x108x41x90x56

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof

Partially Finished Basement

  • Exterior Basement Entry
  • Rough-In Basement Bathroom
  • Basement Storage

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 2603708700000

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Ephrata Borough Subdivision

Building Details

  • Income includes apartment rentals, professional offices, parking
  • Net Operating Income $43,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,608

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Storage: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance, Partially Finished, Rough Bath Plumb

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 6.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Oil
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 38x50x108x41x90x56
  • Zoning Description: Central Business Dst,Commercial
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4024470
  • School Tax: 5106.36
  • Tax Annual Amount: 6608.29
  • Assessor Parcel Number: 2603708700000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 50100.00
  • Income Includes: Apartment Rentals, Professional Offices, Parking
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EPHRATA AREA
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $275,000 -15.4% $29 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
10/27/2015 10/27/15 For Sale $324,900 -- $35 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002736997

Bright MLS