543 Lincoln Way East

    CHAMBERSBURG, PA 17201
    • $319,500
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: PAFL167934
    UPDATED: 63 min ago
    $319,500
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1906
    County:

    School Ratings & Info

    School District:

    Description

    Historical Beautiful Limestone 3 Floor building with an additional separate 1200 Ft detached Office/Rental building on .51 Acres. Property offers rock solid structures with untapped upside revenue potential. Layout may include main building first floor Commercial, Two(2) second floor apartments, One(1) 3rd floor apartment and a detached 1200 sq ft Office/Rental. Both buildings need to be redeveloped and renovated to reach full income potential and occupancy, Cap Rates can easily exceed 10%. Lots of parking and additional property for the public flow and access.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-21T22:51:43.027.
    www.ultimatesellingteam.com/homes/98163373

    543 Lincoln Way East CHAMBERSBURG, PA 17201

    • Price: $319,500
    • Status: Active
    • Updated: 63 min ago
    • ID#: PAFL167934
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    1906
    Built
    Neighborhood:
    Chambersburg Boro (14502)
    County:
    Franklin
    Area:
    Chambersburg Boro (14502)
    School District:
    Chambersburg Area
    Property Description
    Historical Beautiful Limestone 3 Floor building with an additional separate 1200 Ft detached Office/Rental building on .51 Acres. Property offers rock solid structures with untapped upside revenue potential. Layout may include main building first floor Commercial, Two(2) second floor apartments, One(1) 3rd floor apartment and a detached 1200 sq ft Office/Rental. Both buildings need to be redeveloped and renovated to reach full income potential and occupancy, Cap Rates can easily exceed 10%. Lots of parking and additional property for the public flow and access.
    Exterior Features

    Construction Materials MasonryStone Direction Faces South Garage YN No Location Type Highway Parking Types DrivewayOn StreetParking LotAlley Property Condition As-Is ConditionRenov/RemodRehabilitation PotentialWill Do Build-OutNeeds Work Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 6000.00 Cooling Window Unit(S) Heating Forced AirCentralBaseboard - Hot Water Heating YN Yes Net Square Feet 6000.00

    Property Features

    Accessibility Features None Assessment Year 2018 Association YN No Business Type Apartment BuildingFlexOther/General RetailProfessionalOther Central Air YN No Cooling Fuel Electric Elevators 0 Heating Fuel Natural Gas Hot Water Electric Incorporated City Name Chambersburg Boro Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 301977133962 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 8799.0 Tax Assessment Amount 52130.0 Vacation Rental YN No Water Source Public Zoning Dcn Zoning Description Distributive Commercial Neighborhood

    Listing courtesy of The Pineapple Group, Llc..
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-21T22:51:43.027.
     
    Ultimate Selling Team | Keller Williams Realty Centre
    351 Ballenger Center Dr. #201
    Frederick MD, 21703