Listed by U.S. Commercial Realty
$300,000
2-Unit Investment Property-602 St Joseph St
Details
Property Type Retail, Multifamily
Sub Type Storefront, Apartment Building
Square Footage 2,368
Units 2
Occupancy 100%
Tenancy Multi
Lease Type Modified
Year Built 1870
Year Renovated 2019
Stories 2
Zoning R-3
Investment Type Value Add
Mixed-Use Investment Property
Marketing description
Excellent opportunity to purchase a fully leased, recently renovated property in the SOWE District of Lancaster City. This is a 2 unit investment featuring a commercial tenant on the first floor front of the building and a 4 bed/1 bath apartment with access to the side and rear of the building. The property has recently been improved with a new commercial storefront and facade improvement occurring in 2019. During that time the HVAC was also replaced. Investors should take note that a brand new roof was installed in 2023. All of this while the rents remain abnormally low, and Buyer can insert there management and bring the rents back to market rate.
Listing Contacts
Listed by U.S. Commercial Realty
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