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142 Lincoln Way W Chambersburg, PA $ 649,900
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142 Lincoln Way W
$ 649,900
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142 Lincoln Way W

Chambersburg, PA, 17201
$ 649,900
Baths0.0 Sq 7,124

Monthly Estimate*

$ 4,540

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Studio

Commercial Property for sale in Chambersburg, PA

for $649,900. This 7,124 square foot building was built in 1900 on a lot size of 0.28.

8 Unit Apartment Building! Don't miss out on an opportunity to own this renovated 8 unit apartment building, only 1.5 blocks from the square. This building is just down the street from the new Amphitheater that will be constructed along the stream. This building has just been remodeled during the last 18 months with an estimated $200,000 spent on remodeling. This building also has a small office that could be leased out plus the 8 apartments. Other features include a large off street parking lot with a wide alley to get to it and a lot of potential storage in the basement. Most of the windows have been replaced, new bathrooms, and new kitchens were completed. The tenants pay electric, trash, and gas. Landlord pays water and sewer. This is being offered at a great 9% CAP Rate. Don't miss your opportunity to own this incredible remodeled property! All the apartments are currently rented. Disclosure: Listing agent has a financial interest in the property.

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Commercial Active

Price

$ 649,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,564

Style

Apartment Building

Lot Size

0.28

Year Built

1900

Town/City

Chambersburg

County/Region

Franklin

MLS | Web ID

PAFL2019928
Features
Interior
Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Street Suffix WAY
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Ceiling Fan(s) Window Unit(s)
Possession Settlement
Zoning DISTRIBUTED COMMERCIAL HW
Construction Materials Brick Block
Year Built 1900
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality CHAMBERSBURG BORO
Business Type Apartment Building
Accessibility None
County FRANKLIN
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions This property is one block from the square of Chambersburg. This property will be on the left on Lincoln Way West just past the Tracks Restaurant.
City CHAMBERSBURG
Buyer Agent Compensation 10000
Disclosures Agent has Financial Interest
MLS Area Chambersburg Boro (14502)
Lot Size Square Feet 12197.00
Waterfront Y/N N
Street Name LINCOLN
Tax Annual Amount 3564.0
Property Condition Good
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 1
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type $
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.28
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 2880.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 142
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* Excluded Features
List By
Re/Max Realty Agency, Inc.

Broker

austinr@remax.net

Email

Affordability Calculator

$4,837
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$297
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2024$649,900 Listed Price

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142 Lincoln Way W, Chambersburg, PA, 17201 is a Commercial Property for sale at $649,900 with 7,124 sqft and a lot size of 0.28. 142 Lincoln Way W is a studio with 0.0 baths and was built in 1900. The property's zip code is 17201 which is in Chambersburg, PA

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