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Phil & Marian Rutt
RE/MAX Pinnacle
Lancaster, PA 17601

717-859-7019
Contact Us

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Listing 10 out of 99
$419,900 Under Contract

44 Lancaster Avenue
Ephrata, PA 17522

Multi Family Home
17860 sq ft - MLS# 1000487340
Property Photo
1/22

Description

Premium Ephrata location for this 4 unit building, just steps to Ephrata Hospital and minutes to major roadways, local shopping & more. 1st floor was previously a 2, 400 sq.ft. doctors office w/waiting area, check-in desk, kitchenette/storage area, 2 powder rooms, several offices/patient rooms & heat pump and central air. 3 apartments are on the 2nd floor with electric baseboard heat. Basement plus plenty of off street parking. An excellent investment opportunity!

Features

  • Property Type: Multi Family Home
  • Sub Type: Quadruplex, Detached
  • Listing Status: Under Contract
  • County/Area: Lancaster County
  • Zip Code: 17522
  • Year Built: 1984
  • School District: Ephrata Area
  • Middle School: Ephrata M.s.
  • High School: Ephrata H.s.
  • Sq.Ft.: 4,800 sq ft
  • Style: Colonial, Traditional
  • Basement: Yes
  • Lot Size: 17860 sq ft
  • Zoning: HCD
  • Above Grade Fin SQFT: 4,800
  • Above Grade Fin SQFT Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Appliances: Built-In Range, Refrigerator
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Level Count: 2
  • Building Units Total: 4
  • Central Air Y/N: Yes
  • Construction Materials: Stick Built, Vinyl Siding
  • Cooling: Electric
  • Cooling Type: Central A/C
  • Directions: Take Rt. 322 West. Turn Right Lancaster Avenue (Just before Papa Johns) to Property on Left.
  • Electric Service: 200+ Amp Service
  • Exterior Features: Sidewalks
  • Flooring Type: Carpet, Vinyl
  • Gross Income: $47280.00
  • Heating: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating Y/N: Yes
  • Hot Water: Electric
  • Improvements: Above Grade, Below Grade
  • Income Includes: Apartment Rentals, Professional Offices
  • Insurance Expense: 1511.00
  • Lot Features: Level, Sloping
  • Lot SQFT: 17,860
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Maintenance Expense: 6956.00
  • Municipality: Ephrata Borough
  • Net Operating Income: 39027.00
  • Number Of Units Vacant: 1
  • One Bedroom Units Count: 1
  • Operating Expense: 1296.00
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3
  • Owner Pays: Lawn/Shrub Care, Management, Sewer, Snow Removal, Trash Collection, Water
  • Ownership Interest: Fee Simple
  • Parking Features: Paved Parking
  • Photo Option: Lister Will Upload All
  • Road Responsibility: Boro/Township
  • Road Surface Type: Paved
  • Roof: Shingle
  • SchoolDistrictSource: Listing Agent
  • Security Features: Smoke Detector
  • Selling Agent: Jennifer L. King
  • Selling Office: Re/Max Of Reading
  • Sewer Septic: Public Sewer
  • Tax Annual Amount: 8275.0
  • Tax Year: 2018
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 4,800
  • Total Finished SQFT Source: Estimated
  • Total SQFT Source: Estimated
  • Trash Expense: 860.00
  • Two Bedroom Units Count: 2
  • Type Of Parking: Parking Lot
  • Water Source: Public
  • Year Built Source: Public Records
  • Zoning Description: Highway Commercial
Courtesy of Kingsway Realty



Phil & Marian Rutt | 717-859-7019 | 717-569-2222 | Contact Us
500 Delp Road - Lancaster, PA 17601
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