$475,000 Price Analysis    ♡   Manheim, PA 17545 4 bed 2 bath 2,260 SqFt ($210/SqFt) 0.25 acre lot. Built 1954 Listed 2024-04-12, Taxes $3,532 | ✓ USDA Eligible near Manheim, PA Restrictions may apply due to home size |
Pristine Price Adjustment - $475
000 for the entire property with both parcels OR - $290, 000 for Parcel (116 Auction Rd) with the Building and $185, 000 for Empty Lot Parcel (104 Auction Rd) Welcome to Auction Rd, where the prime location meets exceptional investment opportunities! This commercial property is a savvy investor's dream, boasting multiple income streams and a strategic location near the Manheim Auto Auction. There is an upstairs 1-bedroom 1-bath unit rented out, then downstairs there is a 3-bedroom 1-bath unit and finally the office space, complete with a working wood-burning fireplace and its own. The limited commercial zoning, with a special exception for a car dealership, adds a layer of versatility to the property, while also being a great option for other various business ventures. Noteworthy is the fact that the property is parceled as two lots. The removal of an old home on lot 104 was necessitated by a collapsing basement wall, presenting the opportunity for new construction if desired on this lot as well. The oppo rtunity to either purchase the entire property and use as one or develop the second plot enhances the investment potential. This is a strategic investment opportunity that guarantees immediate returns with existing tenants while also providing an excellent platform for a business to thrive given the proximity to the auto auction and other local business in the Manheim area.
While also being positioned to capitalize on the constant flow of business in the area Don't miss out on this exceptional opportunity seize the moment while the seller has a sudden opportunity out of stte. They are selling 104, 116 Auction Rd that are great income properties for him as well as 26 Hart St in Manheim. If you are looking to expand your portfolio currently, don't miss the chance to explore this promising opportunity. Noteworthy is the fact that the property is parceled as two lots. The removal of an old home on lot 104 was necessitated by a collapsing basement wall, presenting the opportunity for new construction if desired on this lot as well. The opportunity to either purchase the entire property and use as one or develop the second plot enhances the investment potential. This is a strategic investment opportunity that guarantees immediate returns with existing tenants while also providing an excellent platform for a business to thrive given the proximity to the auto auction and other local business in the Manheim area. While also being positioned to capitalize on the constant flow of business in the area. Don't miss out on this exceptional opportunity seize the moment while the sellers has a sudden opportunity out of state. They are selling 104, 116 Auction Rd that are great income properties for him as well as 26 Hart St in Manheim. If you are looking to expand your portfolio currently, don't miss the chance to explore this promising opportunity.
Presented by Nichole Shultz at
Iron Valley Real Estate.
Property MLS #PALA2049518 from BrightMLS
Full Bathrooms: 2
Heating: Yes
Lot Size Square Feet: 10890
Parking Total: 41
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 3608.0
Source Listing Status: Active
County: LANCASTER
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: LANCASTER
Source Neighborhood: MANHEIM AUTO AUCTION
Postal Code Plus 4: 9743
Subdivision: MANHEIM AUTO AUCTION
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $140,500 + $36,500 $177,000 | $3,532 |
| 2022 | $140,500 + $36,500 $177,000 | $3,441 |
| 2021 | $140,500 + $36,500 $177,000 | $3,363 |
| 2020 | $140,500 + $36,500 $177,000 | $3,363 |
| 2019 | $140,500 + $36,500 $177,000 | $3,305 |
| 2018 | $140,500 + $36,500 $177,000 | $3,914 |
| 2017 | $113,900 + $29,100 $143,000 | $3,333 |
| 2016 | $113,900 + $29,100 $143,000 | $3,273 |
| 2015 | $113,900 + $29,100 $143,000 | $3,248 |
| 2014 | $113,900 + $29,100 $143,000 | $3,218 |
| 2013 | $113,900 + $29,100 $143,000 | $3,127 |
| 2012 | $113,900 + $29,100 $143,000 | $3,082 |
| 2011 | $113,900 + $29,100 $143,000 | $2,951 |
| 2010 | $113,900 + $29,100 $143,000 | $2,871 |
| 2009 | $113,900 + $29,100 $143,000 | $2,871 |
| 2008 | $113,900 + $29,100 $143,000 | $2,826 |
$475,000
BrightMLS
Listed 2024-04-12
$500,000
BrightMLS
Sold 2023-07-24
$258,000
Public Record
Sold 1998-10-08
$105,000
Public Record
Year Built: 1954
Above Grade Finished Area: 1916
BelowGradeFinishedArea: 344
Construction Materials: Frame
Property Age: 70
Levels or Stories: 2
Structure Type: Detached
Total Area Sqft: 2260
Total Below Grade Area: 344
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.