451 S Prince Street STREET Lancaster, PA 17603
3 bed / 2 bath / 8,712 Sq. Ft., 0.2 acres lot size / Condo, Townhouse
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
Attention: Entrepreneurs, investors, and start-up mechanics an excellent opportunity for the acquisition of a well-balanced mixed-use asset or for those seeking a new home the garage below can offer a great source of passive income. This parcel contains a fully functioning Auto garage repair Shop with a recently renovated large apartment above for stable income or ready to move into. The real estate, appurtenances, and business come with the sale. The auto garage includes two car lifts, a welding machine, a pipe bending machine, a tire mounter and balancing machine, brake liner equipment, emissions testing equipment among inventory and other items. There is a designated paint area for minor body repairs, this shop has 3 separate bay doors servicing the front and back, 10 parking spaces, and approximately 4000 square feet of work and service space. While running a business can have its peaks and lows the apartment above can provide a stable income to supplement the business. The seller is willing to provide an executed residential lease as surety prior to settlement if desired to ensure your cash flowing day one. In addition, if you're seeking to purchase this asset as an investment or simply occupy just the apartment the same can be executed for a commercial lease as well. Finally, a credit may be provided for some finishing work that is still needed in the apartment. The apartment features a loft style, 3-bedroom, 2 full bath with an open space design that flows from the kitchen. If you're interested in this as an investment, start-up shop, or just looking for a home to buy that provides a house hack with passive income give us a call. Note: showings of the auto garage may be scheduled however showings of the apartment will be scheduled upon receipt of a written offer. 3D Photos coming soon! check back on the week of 7/15/24
property details
Type
Condo, Townhouse
Status
Active
County
LANCASTER
Year Built
1936
Beds
3
Full Baths
2
Lot Size
8,712 Sq. Ft., 0.2 acres
Listing Id
PALA2054016
Courtesy Of
Steve Hammond - Berkshire Hathaway HomeServices Homesale Realty shammond@homesale.com
List Office Phone
+1 (717) 653-2646
Subdivision
NONE AVAILABLE
Interior Features
Appliances
Electric Water Heater
Flooring
Hardwood
Concrete
Concrete
Full Baths
2
Bathrooms Total
2
Exterior Features
Parking
On Street
Stories
2
Utility & Building Info
Sewer
Public Sewer
Parcel Number
334-92554-0-0000
Water Source
Public
Heating
Gas Heat
Forced Air
Forced Air
Tax Amount
4894
Architectural Style
2 Story
Townhouse
Townhouse
Price History
| date | event | price | source |
|---|---|---|---|
|
07/17/2024
07/17/2024
|
Active |
$525,000
|
Bright MLS (MDBMLS-R) |
View More
Market Trends
Source: Constellation1
Mortgage Calculator
Estimated Mortgage Payment
Your total payment will be
{{ currency_symbol }}{{ parseInt(monthlyMortgage).formatThousands(0) }}
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}
({{ downPaymentFormatted }})
(Years)
Estimate does not reflect Property Tax, PMI or Homeowner Insurance. Mortgage Calculator provided by Berkshire Hathaway HomeServices.
