Myerstown, PA 17067,619-701 S RAILROAD ST
Myerstown, PA 17067,619-701 S RAILROAD ST
Myerstown, PA 17067,619-701 S RAILROAD ST
$1,150,000
Est. payment /mo
$849,000
35.5%
Est.Price: ?

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12,160 SqFt
SOLD DATE : 11/15/2021

Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 12,160 sqft

Price per Sqft $94

MLS Listing ID PALN2001240

Sold Date 11/15/21

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $13,198

Tax Year 2021

Lot Size 0.830 Acres

Acres 0.83

Property Description

Don't miss this Great Investment Opportunity!
Come and See this 13 unit apartment complex near the park in Myerstown. Property includes two apartment houses, a separate barn with an apartment and a large three bay garage, plus off street parking and a coin operated Laundry. All units are currently rented. Barn apartment and large garage are currently being used by the owner. New owner could live here rent free or rent out those two buildings for an instant increase in income.

Expansion is possible, as the third floor of 619-621 is completely vacant and could house a few more apartments. The finished space in the barn is on the 2nd and 3rd floors and could be expanded to the 1st floor to make a very large 3 bedroom apartment or two smaller apartments.

With the tenants in mind, we are going to start with a three day showing on September 10, 11 & 12. Showings will be between 10:00 am to 4:00pm. A 48 hour notice will be required. Showings can be scheduled ahead of time on showing time. Only pre-qualified buyers please. All offers due by Monday the 13th at 12:00 noon.

See Documents for property information sheets as well as income and expense sheets.
Photos were taken of only a few apartments to protect the privacy of the other tenants. The condition of these units does not represent all of the other units as there are some long term tenants in place.

Location

State PA

County Lebanon

Area Myerstown Boro (13215)

Zoning CA

Interior

Hot Water Natural Gas

Heating Forced Air, Radiator

Cooling Ductless/Mini-Split, Window Unit(s)

Heat Source Electric, Oil, Coal

Exterior

Garage Spaces 11.0

Water Access N

Accessibility None

Total Parking Spaces 11

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Eastern Lebanon County

Others

Tax ID 15-2371754-379972-0000

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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Bright MLS (BMLS)
Listed by Jody Artz • Howard Hanna Krall Real Estate
Bought with Ginger Parker • Howard Hanna Krall Real Estate

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agent

Irma Rodriguez

+1(302) 357-1823

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