Annville, PA 17003,10669 JONESTOWN RD
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Annville, PA 17003,10669 JONESTOWN RD

$1,475,000

Est. payment /mo

$1,475,000

Est.Price: ?

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10669 JONESTOWN RD Annville, PA 17003

11,083 SqFt

SOLD DATE : 11/18/2022

Key Details

Sold Price $1,475,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 11,083 sqft

Price per Sqft $133

MLS Listing ID PALN2007852

Year Built 1950

Annual Tax Amount $11,150

Tax Year 2022

Lot Size 7.460 Acres

Property Description

Property closed on Thursday Nov. 10th, 2022, just put in Bright MLS for Comparable Purposes, was never actually listed on the open market.: Great investment opportunity sitting on 7.5 acres! 19 Units that have been updated and well maintained. There are 7 efficiencies, (2) 1 bedroom units, and (10) 2 bedroom units. All units are renovated in last 2-3 years except unit #11. Property grandfathered in for 20 units. Vinyl plank flooring throughout most units ,newer water heaters for most units, new electrical fixtures, wiring, and service panels throughout. new plumbing throughout, new main roofs, new replacement windows, new doors, new gutters, new well pump, new vinyl siding, new electric baseboard heat for all units. Two parking lots for parking up to 60 vehicles. Parking lot on right side was recently paved in last 2 years. Please see the property feature sheet to highlight all improvements! There are 3 wells on the property but only using one well as a private water company that is regulated by the state with a new electronically monitored water system from Martin's Water Conditioning system for whole property. Property has back up propane generator to keep water system running. Owner spent over $500K in improvements to property since their ownership. Per township, ability to subdivide unimproved land off in approximately 1/2 acre single family building lots along Jonestown Rd. There is approximately 3 acres that can be subdivided off.

Location

State PA

County Lebanon

Area East Hanover Twp (13221)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Flooring Luxury Vinyl Plank

Exterior

Garage Spaces 60.0

Water Access N

Building

Sewer Public Septic

Water Private/Community Water, Well

New Construction N

Schools

School District Northern Lebanon

Others

Acceptable Financing Cash, Conventional, Bank Portfolio

Listing Terms Cash, Conventional, Bank Portfolio

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by David A Wissler • Coldwell Banker Realty
Bought with David A Wissler • Coldwell Banker Realty

Jason Gareau

Broker

+1(609) 929-4486

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