More property info for 2802 E Lincoln Hwy
- This property is going to onsite auction 5/8/24 at 6:00 PM and is being sold with reserve. LISTED PRICE IS ONLY A SUGGESTED OPENING BID, AND IS NOT INDICATIVE OF THE FINAL SALES PRICE WHICH WILL BE BY SELLER CONFIRMATION DAY OF AUCTION. Terms: Down payment of $20, 000.00 required day of auction. Settlement on or before July 15, 2024. Transfer taxes to be paid by buyer. Real Estate taxes shall be prorated.
Great opportunity to own a fully leased 5 unit in Ronks / Lancaster Area. There are 3-Efficiency apartments, (1) 1-bedroom/1 bathroom apartment, and (1) -2 bedroom/1 bathroom apartment with a common laundry area in the basement. The property is within close proximity to Amish Country and Lancaster City. Rents currently gross over $50, 000 per year. The potential rents available in the area are greater than the rents that are currently being collected, which provides upside to a Buyer. The property is located close to retail, office, medical, and the population of Lancaster County.
- Building Total SQFT: 1200.00
- Flooring Type: Other
- Foundation Details: Other
- Lot Features: Corner
- Lot Size Acres: 0.55
- Lot Size Dimensions: 0.00 x 0.00
- Lot SQFT: 23958.00
- Roof: Asphalt, Shingle
- Cooling Type: None
- Electric Service: 120/240V
- Heating Type: Hot Water
- Sewer Septic: Public Sewer
- Utilities: Above Ground, Electric Available
- Water Source: Well
- List Agent Full Name: Elvin A Stoltzfus
- List Office Name: Beiler-Campbell Realtors-Quarryville
- List Office Phone: 7177868000
2802 E Lincoln Hwy Map Location
Monthly Payment for 2802 E Lincoln Hwy
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
| Loan Type: |
30 year fixed at 7.00% |
| Price: |
$250,000 |
| Down Payment: |
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$50,000
(20%)
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| Loan Amount: |
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$200,000 |
| Principal & Interest: |
+ |
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| Property Taxes: |
+ |
(1.5%) |
| Homeowner's Insurance: |
+ |
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| Mortgage Insurance - PMI: |
+ |
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| Total Payment: |
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Listing courtesy of Beiler-Campbell Realtors-Quarryville
Information obtained from Bright MLS is current as of 5/2/2024 1:15 PM.
Equal housing opportunity;