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Meggie Carpenter

[email protected] +1(410) 303-9172

$ 850,000

Est. payment -/mo

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Active

828, 824 & 820 HIGHLAND AVE Lancaster, PA 17603

2,623 SqFt

UPDATED:

02/03/2025 10:53 PM

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

Listed by Wendy Lee Grinestaff • Advanced Realty Services

Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

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