$1,260,000
$1,350,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
5,280 Sqft Lot
SOLD DATE : 07/31/2024
Key Details
Sold Price $1,260,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPO2000196
Sold Date 07/31/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,305
Tax Year 2023
Lot Size 5,280 Sqft
Acres 0.12
Property Description
Welcome to 36 W Main St, Galeton – an unparalleled investment opportunity exclusively listed through Lime House Realty. This meticulously renovated 14-unit apartment building stands as a testament to modern luxury and smart investment potential.
Property Features:
Prime Location: Strategically situated for convenience in the heart of Potter County, with easy access to local amenities.
Unit Composition: Impeccably designed with 13 2-bedroom apartments and 1 spacious 3-bedroom unit, catering to a diverse range of tenant preferences.
Utilities: Each unit is equipped with separate electric meters, providing tenants with efficient control over their utility usage. Additionally, metered water ensures accurate billing.
Heating: Natural gas hot water baseboard heating guarantees both energy efficiency and tenant comfort.
Renovation: The property just completed a comprehensive gutted restoration, combining modern aesthetics with updated amenities, and ensuring compliance with the latest industry standards.
Roof: A brand-new roof installed in 2021 ensures longevity and adds to the property's overall appeal.
Security: Electronic code access has been implemented for both the building and individual units, enhancing security and providing modern convenience for tenants.
These units are being leased as fast as they are being completed.
Location
State PA
County Potter
Area All Potter County (15300)
Zoning GENERAL
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Concrete, Other, Vinyl, Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 31.0
Waterfront N
Water Access N
View Water, Mountain
Roof Type Rubber
Accessibility 2+ Access Exits
Parking Type On Street
Total Parking Spaces 31
Garage N
Building
Lot Description Backs - Open Common Area, Road Frontage
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Galeton Area
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Bank Portfolio, Cash, Contract, Conventional, Negotiable, Installment Sale, Private, Other
Listing Terms Bank Portfolio, Cash, Contract, Conventional, Negotiable, Installment Sale, Private, Other
Financing Bank Portfolio,Cash,Contract,Conventional,Negotiable,Installment Sale,Private,Other
Special Listing Condition Standard
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Bought with Zachary J Bygall • Lime House