Bought with Wendy L White • Kingsway Realty - Ephrata
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $156
MLS Listing ID PALA2071866
Sold Date 11/18/25
Style Other
Abv Grd Liv Area 3,200
Year Built 2020
Available Date 2025-06-28
Annual Tax Amount $8,392
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Recent rent increase to commercial unit from $1475.00 a month to $2200 a month increases the annual rent for this unit by $8700 per year! The total gross income for the building in now close $57,000.00 annually. 2020 construction, low maintenance, very low vacancy rate 3 unit building in the bustling New Holland Boro! There are two identical residential units (except reverse layouts), (2 story floor plan) each are 2 bedrooms and 1 1/2 bathrooms, both units have central air, low maintenance LVP flooring, upstairs laundry, modern floor plan and plenty of parking! The restaurant is also completely rebuilt except for smaller kitchen area. There are a total of 12 parking spots on premises. The China One is a successful primarily take-out and delivery restaurant that has been at this location for over 10 years.
Location
State PA
County Lancaster
Area New Holland Boro (10548)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Slab
Above Ground Finished SqFt 3200
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Eastern Lancaster County
Others
Tax ID 480-11767-0-0000
Ownership Fee Simple
SqFt Source 3200
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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