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Daniel Rallo

danielrallo@kw.com +1(609) 338-7364

Listed by Randal V Kline • Kingsway Realty - Ephrata

$ 700,000

Est. payment -/mo

Save

Open 6/14 1PM-4PM

1136-1140 STEINMETZ RD Ephrata, PA 17522

1,344 SqFt

OPEN HOUSE

Sat Jun 14, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Mobile Home, Commercial

Sub Type Mobile Home/Campgrounds

Listing Status Active

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $520

MLS Listing ID PALA2070840

Year Built 1948

Annual Tax Amount $6,738

Tax Year 2024

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mobile Home/Campgrounds

Source BRIGHT

Property Description

AUCTION PROPERTY. Auction date is Thursday, June 26th @ 5PM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 60 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: Unique mobile home park w/ 16 rental pads plus 2 ½ story 2 unit rental house with 1st floor 2 bedroom unit & 2nd floor 1 bedroom unit. Each unit has: kitchen, living room, bath, electric baseboard heat, macadam drive & parking, public water & sewer all on 1.2 ACRES. Tenants pay heat, electric, cable, water & sewer. 16 MOBILE HOME PADS @ $425 rental each. One mobile home is owned by owner & included in this sale. Ideal investment opportunity with income growth potential. Convenient location for tenants w/ easy access to stores, restaurants & schools. Zoned LMD. Bridge at rear of community has been removed and a new one is being installed prior to the auction. NOTE: Owners discontinuing partnership & serious to sell. 18 rental units. Income & expense info available upon request. Gross income approx. $114K, net approx. $92K with positive growth potential. Open House Saturday, June 7, 14 & 21 from 1 to 4PM.

Location

State PA

County Lancaster

Area Ephrata Boro (10526)

Zoning LMD

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Flooring Carpet, Vinyl

Heat Source Oil

Exterior

Garage Spaces 36.0

Water Access N

Roof Type Shingle

Accessibility None

Total Parking Spaces 36

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Ephrata Area

Others

Tax ID 260-71232-0-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Auction

Daniel Rallo

Broker Associate | License ID: 0448508

+1(609) 338-7364

Daniel Rallo

1136-1140 STEINMETZ RD Ephrata, PA 17522

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1136-1140 STEINMETZ RD