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39.90046 -76.60942

85 FIRST AVE Red Lion, PA 17356

295624648 39.90046 -76.60942 230 /listing/295624648-150016049/85-first-ave-red-lion-pa-17356 False 0 450000.0 8466 105 PAYK158732 False
  • $450,000
  • 8,466 sqft
  • 0.13 lot
  • Est payment $2415.7/mo

Property & Neighborhood Info

Courtesy Of Professional Realty Associates

Multi Family in RED LION

Wow! A great opportunity comes along rarely for investors. Recently renovated 4-unit apartment complex that also include 3 storage units! Fully rented and a great yearly return on your $$$! All brick and concrete building that was built to be the Trolley Terminal for Red Lion Boro. Very little maintenance. In addition, the lowest level has 2000 sq. ft that could be converted into addition rental space.

Courtesy Of Professional Realty Associates
  1. 8,466 Sq. Ft.
  2. 0.13 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1910
  • Garage: 8.0
  • School District2: RED LION AREA JUNIOR
  • School District3: RED LION AREA SENIOR
  • School District: RED LION AREA
  • County: York
  • Taxes: $3,531.00
  • Tax Year: 2021
  • Units: 4
  • Building Name: APTS
  • MLS Number:PAYK158732

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • None
  • Cooling Fuel:
    • None
  • Exclusions:
    • Tenants personal items
  • Flooring:
    • Carpet
    • Vinyl
  • Interior Features:
    • Carpet
    • Ceiling Fan(s)
    • Dining Area
    • Entry Level Bedroom
    • Kitchen - Eat-In
    • Primary Bath(s)
  • Water Heater:
    • Electric
  • Appliances:
    • Dryer - Electric
    • Oven/Range - Electric
    • Refrigerator
  • Inclusions:
    • (4)refrigerators, (4)range, 1 microwave
  • Fireplace Y/N:
    • No
  • Common Walls:
    • Brick
    • Dry Wall
  • Location:
    • Urban
  • New Construction:
    • No
  • Roof:
    • Rubber
    • Shingle
  • View:
    • Street
  • Water Source:
    • Public
  • Foundation:
    • Block
    • Concrete Perimeter
  • Doors/Windows:
    • Insulated
    • Six Panel
  • Windows:
    • Double Hung
    • Double Pane
    • Insulated
    • Replacement
  • Exterior Features:
    • Exterior Lighting
    • Sidewalks
  • Lot Description:
    • Corner
    • Level
  • Waterfront:
    • No
  • Porch/Patio/Deck:
    • Balcony
    • Deck(s)
    • Porch(es)
  • Parking:
    • Paved Parking
  • Expenses Include:
    • Insurance
    • Trash
  • Heating:
    • Baseboard - Electric
  • Heating Fuel:
    • Electric
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electric Available
    • Sewer Available
    • Water Available
  • Security Features:
    • Smoke Detector
  • Accessibility Features:
    • 2+ Access Exits
    • Doors - Swing In
    • Level Entry - Main
  • Road Maintenance:
    • Boro/Township
  • Municipality:
    • RED LION BORO
  • Water Access:
    • No
  • Financing:
    • Cash
    • Conventional
  • Gross Income:
    • 46500.00
  • Gross Income Includes:
    • Apartment Rentals
    • Other
  • List Type (Exclusive):
    • Exclusive Right
  • Net Operating Income:
    • 38701.00
  • Owner Pays:
    • Common Area Maintenance
    • Sewer Maintenance
    • Trash Collection
  • Rental Features:
    • No
  • Assessment Year:
    • 2021
  • Cap Rate:
    • 9.00
  • Fireplaces Total:
    • 0
  • Historic YN:
    • No
  • Insurance Exp:
    • 2638.00
  • MLSSystem ID:
    • BRIGHT
  • Operating Expense:
    • 7800.00
  • Possession:
    • Negotiable
    • Settlement
  • Price Per SQFT:
    • 53.15
  • Rent Amount:
    • 46500.00
  • Sourced By:
    • Bright MLS
  • Total Parking Spaces:
    • 8
  • Unit 1 Bed Total Units:
    • 0
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Sherri Anderson
Sherri Anderson
REALTOR®
6375 Mercury Dr Mechanicsburg PA 17050
request more info.
39.90046 -76.60942

85 FIRST AVE Red Lion, PA 17356

295624648 39.90046 -76.60942 230 /listing/295624648-150016049/85-first-ave-red-lion-pa-17356 False 0 450000.0 8466 105 PAYK158732 False
  • $450,000
  • 8,466 sqft
  • 0.13 lot
  • Est payment $2415.7/mo