Glen Rock, PA 17327,47 BALTIMORE ST #1
Glen Rock, PA 17327,47 BALTIMORE ST #1
Glen Rock, PA 17327,47 BALTIMORE ST #1
Glen Rock, PA 17327,47 BALTIMORE ST #1
Glen Rock, PA 17327,47 BALTIMORE ST #1
Glen Rock, PA 17327,47 BALTIMORE ST #1
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$1,860,000

$2,000,000

7.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

36,076 SqFt


SOLD DATE : 09/22/2022

Key Details

Sold Price $1,860,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 36,076 sqft

Price per Sqft $51

MLS Listing ID PAYK2014740

Sold Date 09/22/22

Originating Board BRIGHT

Year Built 1980

Annual Tax Amount $2,545

Tax Year 2022

Property Description

This is your rare opportunity to own 16 units all under one roof! Unique Glen Rock property previously used as a sewing factory which has been turned into residential units over the years. Great location to obtain possible tenants from local metropolitan areas. Each unit with 2 Bedrooms - 2.5 Baths (one unit, unit 7, has 1.5 Baths), 2256 SQFT and are deeded separately with individual gas and electric meters, central air and laundry hookups in each unit. Parking lot also deeded separately with 32+ spaces included in the sale. 100% occupancy with many long-term tenants. Cap rate currently sits at 4.3% but with a few tweaks to the management and rental numbers (which are long overdue for an increase), the net operating income could improve drastically to create a more lucrative return. Don't forget to check out the associated docs detailing many of the features and financials.

Location

State PA

County York

Area Glen Rock Boro (15264)

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 32.0

Waterfront N

Water Access N

View Creek/Stream

Roof Type Shingle

Street Surface Paved

Accessibility None

Road Frontage Boro/Township

Parking Type Parking Lot

Total Parking Spaces 32

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Southern York County

Others

Tax ID 64-000-02-0093-00-C0001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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William Kane Halick, MBA

William Kane Halick, MBA

+1(973) 354-5000

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by CHRISTOPHER M PIRRITANO • RE/MAX Realty Associates
Bought with Benuel Esh • Keller Williams Elite
agent-avatar

Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

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