2 Unit House w/Detached 5 Unit Storage Building
Sold Price: $220,000
For Sale Price: $219,900
50 Lincoln Ave, Ephrata, PA 17522
Well maintained 2 unit with detached 23’x55′ 5 unit storage building. The units are almost identical with 2 bedrooms, an eat-in kitchen, living room, full bath and a porch/balcony. Both units have large closets providing ample storage. The upstairs unit has the washer and drying in the unit and access to the attic storage area. The washer/dryer for the main level unit is located in the basement. Long term tenants. Upper tenant is moving out providing the opportunity to increase the rent with new tenants or owner occupancy. All rents are modest and could be increased. All utilities are paid by tenants except water/sewer and garage electric. Property nets $16,334 after all expenses including taxes and insurance. Great income producing property ready for new owner.