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1/23
142 Lincoln Way W, Chambersburg, PA 17201
$649,900
142 Lincoln Way W, Chambersburg, PA 17201View this property at 142 Lincoln Way W, Chambersburg, PA 17201
142 Lincoln Way WChambersburgPA17201
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1/23
Property Description
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.
Full Property Details
Full Property Details for 142 Lincoln Way W
General
- Price: $649,900
- Taxes: $3,564 (2022)
- Status: Active
- Type: Apartment
- MLS ID: PAFL2019928
- Updated: 5/6/2024
- Added to Site: 23 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 12
- Parking Type: Parking Lot
Location
- Area: Chambersburg Boro (14502)
- Municipality: CHAMBERSBURG BORO
- County: Franklin
- Driving 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.
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Block
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size Source: Assessor
- Zoning: DISTRIBUTED COMMERCIAL HW
Financial Considerations
- Assessment Year: 2022
- City/TownTax: $601
- City/TownTax Freq: Annually
- County Tax: $564
- County Tax Freq: Annually
- Tax w/Assessment: $19,380
- Tax Amount: $3,564
- Tax Year: 2022
- Owner Pays: Sewer, Water
- Landlord Pays: Sewer, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: $10000
- Ownership: Fee Simple
Listed by RE/MAX Realty Agency, Inc., Austin Rosenbaum
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Schools
Schools serving 142 Lincoln Way W
School District:Chambersburg Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
1957 Scotland Ave, Chambersburg, PA 17201 | 6-8 | 2 mi | |
511 S 6th St, Chambersburg, PA 17201 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 142 Lincoln Way W
Date
Details
Price
Change
Source
5/06/2024
Listed
$649,900
103.09%
MLS
4/29/2022
Sold
$320,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 142 Lincoln Way W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,688
3%
$19,380
—
2023
$3,593
3%
$19,380
—
2022
$3,495
1%
$19,380
—
2021
$3,475
2%
$19,380
—
2020
$3,400
3%
$19,380
—
2019
$3,300
3%
$19,380
—
2018
$3,199
6%
$19,380
—
2017
$3,014
2%
$19,380
—
2016
$2,957
4%
$19,380
—
2015
$2,836
2%
$19,380
—
2014
$2,788
—
$19,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 142 Lincoln Way W
142 Lincoln Way W, Chambersburg, PA 17201 (MLS# PAFL2019928) is a Apartment property. 142 Lincoln Way W is currently listed for $649,900 and was received on May 06, 2024. Want to learn more about 142 Lincoln Way W? Do you have questions about finding other Apartment real estate for sale in Chambersburg? You can browse all Chambersburg real estate or contact a Coldwell Banker agent to request more information.