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455 N CEDAR AVE Middletown, PA 17057
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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $82
MLS Listing ID PADA2027376
Sold Date 11/17/23
Style Ranch/Rambler
Abv Grd Liv Area 3,040
Originating Board BRIGHT
Year Built 1973
Annual Tax Amount $4,629
Tax Year 2022
Lot Size 0.700 Acres
Acres 0.7
Property Description
Commercial property located in the borough of Middletown with an active commercial day care occupant on a new four-year modified gross lease. Day care has been in operation on this site for more than thirty years. Owner pays property taxes, building insurance, water, sewer and building maintenance. Tenant pays electric and all ground maintenance. Easy cash flow with lease that provides annual rent escalations. Property zoning is non-conforming commercial in a residential zoning district. Parking for more than 11 vehicles, two outside fenced play area, large rear lawn with room for expansion. Various rooms, baths and kitchenettes throughout that allow separation of age groups and versatility. If you ae interested in is cash flow you just found the cash cow! Please no drive byes. All showings must be with listing agent after normal operating hours.
Location
State PA
County Dauphin
Area Middletown Boro (14040)
Zoning NON CONFORMING
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp, Baseboard - Electric
Cooling Central A/C, Heat Pump(s)
Flooring Laminated, Vinyl, Carpet
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 11.0
Waterfront N
Water Access N
Roof Type Architectural Shingle,Asphalt,Shingle
Street Surface Paved
Accessibility None
Road Frontage Easement/Right of Way, Boro/Township
Parking Type Parking Lot
Total Parking Spaces 11
Garage N
Building
Lot Description Irregular
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Fink
Middle Schools Middletown Area
High Schools Middletown Area High School
School District Middletown Area
Others
Tax ID 42-032-017-000-0000
Ownership Fee Simple
SqFt Source Assessor
Security Features 24 hour security
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with ADAM L CLOUSER • RE/MAX Realty Select