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217 S GANNON ST Lebanon, PA 17042
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Key Details
Sold Price $30,800
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALN105058
Sold Date 04/23/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $500
Tax Year 2018
Lot Size 1,742 Sqft
Acres 0.04
Property Description
7 bay garage on S. Gannon St. will provide a great investment opportunity! 4 of the 7 bays are currently rented by local residents (previous owner used 3), and this will allow 3 additional rental opportunities or personal storage solutions! 2 bays are rented separately at $40 a bay, paid one year in advance, and two bays are rented together at $80, paid every six months. The other three can be rented as storage or garages. Each bay has a french drain, lighting, and electrical outlets. Electric on average is $21 and insurance for the year is currently 473. New roof and OSB under-layment was installed in 2016, providing a long lasting worry free roof. Bays 1 and 2 facing Gannon st are 9 1/2'x 19' and feature roll up doors, bays 3-6 are 10x19 and feature wood doors, and bay 7 is 14x19 with wood doors, work benches and side man door.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning :CW-COMMERCIAL - WAREHO
Interior
Hot Water None
Heating None
Cooling None
Flooring Concrete
Heat Source None
Exterior
Garage Spaces 7.0
Utilities Available Electric Available
Waterfront N
Water Access N
Roof Type Composite
Street Surface Black Top
Accessibility None
Road Frontage City/County
Total Parking Spaces 7
Garage Y
Building
Lot Description Road Frontage
Foundation None
Sewer No Sewer System
Water None
New Construction N
Schools
School District Lebanon
Others
Tax ID 02-2337819-368027-0000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Private
Listing Terms Cash, Private
Financing Cash,Private
Special Listing Condition Standard
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Bought with Brad L Longenecker • Iron Valley Real Estate