Bought with Aaron Robert Skelly • High Associates Ltd.
$2,440,000
$2,375,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
196 STONE HOUSE LN Columbia, PA 17512
2.9 Acres Lot
Key Details
Sold Price $2,440,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALA2085276
Sold Date 05/14/26
Year Built 1989
Annual Tax Amount $11,558
Tax Year 2025
Lot Size 2.900 Acres
Acres 2.9
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Hard to find and well-maintained 12 unit apartment complex is situated on a generous 2.9-acre lot. Constructed with vinyl siding and brick, this property boasts a solid foundation and is in very good condition, ensuring minimal immediate maintenance costs for investors. Some updates include new roofs and siding in 2019 and exterior doors and 84 windows replaced in 2023. The interior features a blend of carpet and ceramic tile flooring, providing for comfortable residential units. Each has a private entrance, all appliances and laundry. Each unit also has access to their own private storage unit and assigned private parking. Accessibility is a key advantage, enhancing the property's appeal to potential tenants. This property is strategically positioned to capitalize on local market demand, making it an ideal choice for investors seeking to generate consistent rental income. The current owner covers essential expenses such as trash, water, sewer, real estate taxes, and insurance, streamlining operational management. With no association fees or restrictive amenities. The low overhead costs and well managed property positions it as a lucrative addition to any investment portfolio. Seize this opportunity to invest now.
Location
State PA
County Lancaster
Area West Hempfield Twp (10530)
Zoning R3
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Flooring Carpet, Ceramic Tile
Heat Source Electric
Exterior
Garage Spaces 23.0
Water Access N
Roof Type Shingle,Composite
Street Surface Black Top
Accessibility None
Road Frontage Public
Total Parking Spaces 23
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Hempfield
School District Hempfield
Others
Tax ID 300-78530-0-0000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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