451 South Prince Street
$525,000
3
2
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Description
Attention: Entrepreneurs, investors, and start-up mechanics an excellent opportunity for the acquisition of a well-balanced mixed-use asset or for those seeking a new home the garage below can offer a great source of passive income. This parcel contains a fully functioning Auto garage repair Shop with a recently renovated large apartment above for stable income or ready to move into. The real estate, appurtenances, and business come with the sale. The auto garage includes two car lifts, a welding...Attention: Entrepreneurs, investors, and start-up mechanics an excellent opportunity for the acquisition of a well-balanced mixed-use asset or for those seeking a new home the garage below can offer a great source of passive income. This parcel contains a fully functioning Auto garage repair Shop with a recently renovated large apartment above for stable income or ready to move into. The real estate, appurtenances, and business come with the sale. The auto garage includes two car lifts, a welding machine, a pipe bending machine, a tire mounter and balancing machine, brake liner equipment, emissions testing equipment among inventory and other items. There is a designated paint area for minor body repairs, this shop has 3 separate bay doors servicing the front and back, 10 parking spaces, and approximately 4000 square feet of work and service space. While running a business can have its peaks and lows the apartment above can provide a stable income to supplement the business. The seller is willing to provide an executed residential lease as surety prior to settlement if desired to ensure your cash flowing day one. In addition, if you're seeking to purchase this asset as an investment or simply occupy just the apartment the same can be executed for a commercial lease as well. Finally, a credit may be provided for some finishing work that is still needed in the apartment. The apartment features a loft style, 3-bedroom, 2 full bath with an open space design that flows from the kitchen. If you're interested in this as an investment, start-up shop, or just looking for a home to buy that provides a house hack with passive income give us a call. Note: showings of the auto garage may be scheduled however showings of the apartment will be scheduled upon receipt of a written offer. 3D Photos coming soon! check back on the week of 7/15/24
- Listed by Stephen Hammond • Berkshire Hathaway HomeServices Homesale RealtyP: 7178246054 shammond@homesale.com
- Listed by Joshua Bealing • Berkshire Hathaway HomeServices Homesale RealtyP: 7174765324 jbealing@homesale.com
Property Details for 451 South Prince Street
Tax ID Number
334-92554-0-0000
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Entry Floor Number1
Structure TypeEnd of Row/Townhouse
StyleOther
Levels/Stories2
LISTING UPDATED: 10/02/2024 01:02 PM
Property Details for 451 South Prince Street
Status | Active |
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MLS # | PALA2054016 |
Days on Market | 82 |
Taxes | $4,894 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential / Fee Simple |
Year Built | 1936 |
Lot Size | 0.20 AC / 8,712 SF |
County | Lancaster County |
Building Information for 451 South Prince Street
Stories2Residences-Year Built1936Lot Size0.20 AC / 8,712 SF
Property Information for 451 South Prince Street
Property History for 451 South Prince Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 451 South Prince Street
This home is within Lancaster School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
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Price El School PublicPK to 5 | ||
Jackson Middle School Public6 to 8 | ||
Mccaskey Campus Public9 to 12 | ||
Phoenix Academy Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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