828, 824 & 820 HIGHLAND AVE Active Save Request In-Person Tour Request Virtual Tour
Lancaster,PA 17603
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,623 sqft
Price per Sqft $324
MLS Listing ID PALA2063222
Style Colonial
Abv Grd Liv Area 2,623
Originating Board BRIGHT
Year Built 1932
Annual Tax Amount $5,038
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 0.00 x 0.00
Property Description
This listing includes three deeded properties with four units. Many buildings/garages are not rented, which will add much more income. There is a 2-car detached garage behind 828 and a small building (both contain owners' personal property). 1 built-in garage on 828 with tenant from 826 personal items. There are 10 connected garages at 820 (tenant for 820 has contents in 1st, and all others are rented or have owners' contents in. Also, 820 has another 2-car garage that has a level drive in the front and loading docks in the rear with two garage doors. It is attached to a 2-story warehouse with a full basement and outside entrance. There is also a single garage. Also, access from Highland to the garage between 824 and 820. All rents are way below market value. The projected gross income is approximately $80,700. Zoned R-3 leaves many options for the Warehouse and 824 are vacant, not rented, and has owner personal property. Many updates, including mechanicals. All tenants are month-to-month. The total taxes shown are the total of all properties. The seller is requesting 1-month post occupancy on the 2-car garage and the warehouse connected to it. Buyer buys properties As-Is. 24-hour notice needed for showings
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R-3
Interior
Hot Water Electric
Heating Radiant
Cooling Central A/C
Fireplaces Number 1
Inclusions Appliances
Fireplace Y
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry,Oversized
Garage Spaces 25.0
Water Access N
Roof Type Asphalt,Rubber
Accessibility None
Total Parking Spaces 25
Garage Y
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
High Schools Mccaskey H.S.
School District School District Of Lancaster
Others
Tax ID 337-59098-0-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard