36 S PINE ST
$ 215,000 $ 239,900 10.4%

36 S PINE ST

Red Lion, PA 17356

  • 10,202 Lot Size
  • 1916 Year Built
Any level of INVESTOR should want to add this property to their portfolio! This unique building that was originally a Ford Model T Dealership back in the 1930s has been converted to dwelling units and secured garage space storage. It also has the possibility to be modified to create additional income with the endless amounts of storage space available. It's unique design brings long term tenants who would wish to stay if the new owners should desire to make the transition easy and turn key. The total size of the building is HUGE and there are separate drive up areas that the tenants enjoy. Great income producing property that's currently yielding a Cap Rate of 7% and rents haven't been raised or adjusted in years! Each of the units have their own unique floor plan design. The top floor unit is a wonderful open urban/industrial appeal to it and has its own master suite and walk in closet areas too! The incoming producing units each have 4+ bedrooms and there's a separate locked garage unit that producing income as well. Be sure to ask about how you can expand the options on this property to create more additional monthly income.
Listed by Mark A Carr of Berkshire Hathaway HomeServices Homesale Realty , Sold By Duane Frey of Berkshire Hathaway HomeServices Homesale Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $215,000

    Property Type Multi-Family

    Sub Type Detached

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID PAYK2034250

    Sold Date 01/13/23

    Style Converted Dwelling

    Year Built 1916

    Annual Tax Amount $5,012

    Tax Year 2021

    Lot Size 10,202 Sqft

    Acres 0.23

    Property Sub-Type Detached

    Source BRIGHT

  • Location

    State PA

    County York

    Area Red Lion Boro (15282)

    Zoning RESIDENTIAL-TOWN

  • Building

    Foundation Stone

    Sewer Public Sewer

    Water Public

    Architectural Style Converted Dwelling

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

    Hot Water Electric

    Heating Forced Air

    Cooling Central A/C, Ceiling Fan(s)

    Fireplace N

    Heat Source None

  • Exterior

    Parking Features Basement Garage, Covered Parking, Garage - Front Entry, Garage - Rear Entry, Inside Access, Oversized

    Garage Spaces 4.0

    Utilities Available Cable TV, Natural Gas Available, Electric Available, Phone, Sewer Available, Water Available

    Water Access N

    Roof Type Asphalt,Built-Up,Rubber

    Accessibility 32\"+ wide Doors

    Attached Garage 4

    Total Parking Spaces 4

    Garage Y

  • Schools

    School District Red Lion Area

  • Others

    Tax ID 82-000-03-0406-00-00000

    Ownership Fee Simple

    Acceptable Financing Cash, Conventional, Exchange

    Listing Terms Cash, Conventional, Exchange

    Financing Cash,Conventional,Exchange

    Special Listing Condition Standard

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