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$374,900

  • Sold
  • Closed
  • Apartment
See This Home
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Don't miss out on a great investment opportunity in Downtown Chambersburg! This property is located just one block away from the Square of Chambersburg and is just a few hundred yards away from the new Amphitheater being built. The building has 5 apartments and a small laundromat for the tenants. There are 2 two-bedroom units, 2 one-bedroom unit and an efficiency apartment. The building brings in $4,600 a month in income. The building is being sold at an 11% CAP Rate, which is an incredible potential return on investment! The building sits on a large lot giving you plenty of room for potential expansion, especially with the great Distributed Commercial Zoning. Plenty of space for parking and even a private alley that gives you ingress and egress onto the property from route 30! There also is a very nice concrete floor basement that is great for owners storage. This is a great opportunity that you do not want to miss out on! Call me today for a private tour and property financials. Disclosure: Seller is a licensed Pennsylvania real estate salesperson and has a financial interest in the property.

Full Property Details for 146 Lincoln Way W

General

  • Sold For: $374,900
  • Taxes: $3,711 (2022)
  • Status: Closed
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAFL2015966
  • Added to Site: 968 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 15
  • Parking Type: Parking Lot

Location

  • Area: Chambersburg Boro (14502)
  • Municipality: CHAMBERSBURG BORO
  • County: Franklin
  • Driving Directions: The property is located only one block away from the Chambersburg Square. Head down 30 west from Chambersburg Square and the property will be on your left after passing the Tracks Restaurant.

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Electric Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • Construction: Brick
  • Stories/Levels: 0
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size Source: Assessor
  • Zoning: DCH

Financial Considerations

  • Price Per Sq. Ft.: $77.33
  • Assessment Year: 2022
  • City/TownTax: $626
  • City/TownTax Freq: Annually
  • County Tax: $587
  • County Tax Freq: Annually
  • Tax w/Assessment: $20,180
  • Tax Amount: $3,711
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Fee Simple

Listed by RE/MAX Realty Agency, Inc., Austin Rosenbaum
Sold by Keller Williams Keystone Realty, Wesley E Strite

Listing agent

— 146 Lincoln Way W —

  • Austin Rosenbaum

    RE/MAX Realty Agency, Inc.

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 146 Lincoln Way W

School District:Chambersburg Area School District
NameGradesDistance
Chambersburg Area Ms - North
1957 Scotland Avenue, Chambersburg, PA 17201
6-82.1 mi
Chambersburg Area Senior High School
511 South 6th Street, Chambersburg, PA 17201
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 146 Lincoln Way W

Date
Details
Price
Change
Source
11/03/2023
Sold
$374,900
—
MLS
9/13/2023
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Realty Agency, Inc., Austin Rosenbaum
Sold by Keller Williams Keystone Realty, Wesley E Strite

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146 Lincoln Way W, Chambersburg, PA 17201 (MLS# PAFL2015966) is a Apartment property that was sold at $374,900 on November 03, 2023. Want to learn more about 146 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.