What an opportunity in beautiful Mount Joy! This 9 unit property was recently condemned due to structural issues and the larger building (7 units) vacated, clearing the way for new owner to complete the foundation repairs (we have a quote in hand for $148,800) and bring all rents to market prices. The detached 2 unit building remains occupied. The 9 apartments vary from a few recently renovated to several less appealing, but all are move in ready and can be a turn key asset after repairs to satisfy the condemnation are completed. Or, further improve things for even more upside.Generally spacious apartments, 7 with 1 bedrooms and 2 with 3 bedrooms, and 10+ off street parking spaces in an appealing part of scenic Mount Joy help make this an asset with worlds of potential. Take the opportunity to make it yours!
MLS # | PALA2063332 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active-bright |
Year | 1840 |
Days On Site | 156 |
Listing Provided By | Keller Williams Elite | Benuel Esh |
Story(s) | 3 |
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Units | 9 |
Zoning | CBD - COMMERCIAL BUSINESS |
Acreage | 0.18 |
Property View | City |
Cooling | Window Unit(s) |
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Heating Yes / No | Yes |
Heating | Baseboard - Electric |
Roof | Asphalt, Rubber, Shingle |
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Security Features | Smoke Detector |
Construction Materials | Frame, Vinyl Siding, Brick |
Foundation Details | Stone |
Lot Features | Corner, Level, Rear Yard, Side Yard(s) |
Garage Yes / No | No |
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Parking Features | Private |
Utilities | Natural Gas Available, Sewer Available |
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Sewer | Public Sewer |
Electric | 200+ Amp Service |
Tax Year | 2024 |
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Tax Annual Amount | 10496 |
State | PA |
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County | LANCASTER PA |
City | MOUNT JOY |
Zip Code | 17552 |
Area | Mt Joy Boro (10545) |
School District | DONEGAL |
Elementary School | DONEGAL |
Middle School | DONEGAL |
High School | DONEGAL |