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516-536 E PENN AVE Cleona, PA 17042
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Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,332 sqft
Price per Sqft $86
MLS Listing ID PALN116172
Sold Date 12/18/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1947
Annual Tax Amount $8,877
Tax Year 2020
Lot Size 0.630 Acres
Acres 0.63
Property Description
Investment Opportunity and Location!! total 9 units, combination of commercial - mixed use, residential, and detached 2 car garage. All units are rented. Coin operated laundry for units, plenty of parking for tenants and business. Current Monthly income $5,355.00. (1 deed 2 parcels 26-23226491-368807-0000 = 0.17 acre and 26-2326424-368777-000 = 0.46 acre for total 0.63 acre lot, includes 536, 534, 528, 516 E Penn Avenue, Cleona) ** offer(s) response date October 19, 2020. **Under Addt'l terms in AOS when submitting offer please include the following : Buyer agrees to "rent back" to seller/Fields Chiropractic after closing - lease and terms to be signed prior to closing.
Location
State PA
County Lebanon
Area North Cornwall Twp (13226)
Zoning COMMERCIAL-MIXED USE
Interior
Hot Water Electric
Heating Baseboard - Hot Water, Baseboard - Electric
Cooling Central A/C
Flooring Carpet, Vinyl, Other
Heat Source Oil, Natural Gas, Electric
Exterior
Garage Spaces 17.0
Utilities Available Cable TV, Electric Available, Phone Available, Natural Gas Available
Waterfront N
Water Access N
Roof Type Composite,Other,Pitched
Accessibility 2+ Access Exits, Level Entry - Main, Low Pile Carpeting, Other
Parking Type Parking Lot
Total Parking Spaces 17
Garage N
Building
Lot Description Corner, Road Frontage, Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Cedar Crest
High Schools Cedar Crest
School District Cornwall-Lebanon
Others
Tax ID 26-2326491-368807-0000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Taylor E Hoover • Iron Valley Real Estate