Alex Koburov - REMAX Distinctive
1677 Wabank Rd
LANCASTER, PA 17603

Description

RANCHER WITH 2 SIZABLE APARTMENTS IN NICE RURAL-LIKE SETTING JUST A COUPLE MINUTES FROM THE CITY AND CLOSE TO ALL THE HAPPENINGS. NICE LOT, LOTS OF PARKING AVAILABLE AND VERY PRIVATE IN REAR. NICE INTERIOR WITH TWO FIREPLACES, LARGE EAT-IN KITCHEN AND HARDWOOD FLOORS ON MAIN FLOOR. LOWER LEVEL IS GOOD FOR "IN LAW" QUARTERS OR ROOMY 2-3 BR APARTMENT OR IS ALSO APPROVED TO RENT 3 PRIVATE ROOMS TO 3 SEPARATE TENANTS FOR GREAT CASH FLOW. WITH 3 TENANTS IN LOWER LEVEL THE TOTAL RENT COULD BE UP TO $1500/MONTH! THE CURRENT LOWER LEVEL TENANT PAYS $650/MONTH AND WOULD LIKE TO STAY. IF YOU BUY THIS AND LIVE IN THE MAIN LEVEL YOU COULD REDUCE WHAT YOU PAY FOR YOUR MORTGAGE BY $650 AND PAY ONLY $270/MONTH OR LESS TOWARD YOUR MORTGAGE PAYMENT-PRINCIPAL & INTEREST. IF YOU RENT THE LOWER LEVEL TO 3 SEPARATE TENANTS FOR UP TO $1,500/MONTH, YOU WOULD HAVE $580 TO KEEP AFTER YOU PAY YOUR MORTGAGE PAYMENT-PRINCIPAL & INTEREST. YOU CAN LIVE THERE AND MAKE MONEY.

Details

MLS#1005942039
Sub-TypeResale
StatusActive
Year1967
Days On Site159

Features

SQ Feet2,600
Units1

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Area Information

StatePA
CityLANCASTER
Zip Code17603
AreaLancaster Twp (10534)
Listing VS Median (in 17603)
Price:
$184,900
low | high
Med:
$225,900
27.82585181179% of Average
SqFt:
2,600
low | high
Med:
1,530
91.153846153846% of Average
$ / SqFt:
$71
low | high
Med:
$148
57.616199535519% of Average
On Site:
159
low | high
Med:
211
75.355450236967% of Average
Listing Updated: 01/17/2019
MLS Number: 1005942039
Listing Provided By:
Joseph K Bury  of  RE MAX Pinnacle

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