$2,300,000
Lake Ariel, PA 18436
MLS# PM-92624
Status: Closed
30283 sqft
1 / 51
Property Description
RARE INVESTMENT OPPORTUNITY! 1ST TIME OFFERED!! Western Wayne School District. 5 Buildings. 27 units. 24 are 2 bdrm/1 bath. 2 are 3 bdrm/2bath. 1 1bdrm studio. All have stoves, refrigerators and dishwashers. Each building has a laundry facility in basement. Tenants pay electric, cable and propane. Landlord pays garbage, septic, well and taxes. Large walk-in closets. Open floorplans. Decks. 2 parking spots per apartment. Office/workshop and studio apartment on the same level. Perfect for caretaker.
Details
Maps
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $2,300,000
Current Price: $2,300,000
Status: Closed
Listing Contract Date: 2021-10-29
Location, Tax, and Legal
Parcel Number: 120030300370001
Municipality: Lake Township
High School District: Western Wayne
Cnty&Muni Taxes (Legacy): 10244
School Tax Amount: 32118
Tax Annual Amount: 42362
Tax Assessed Value: 0
Tax Book Number: 5173/0251
General Property Information
Above Grade Finished Area: 30283
Building Area Source: Estimated
Stories: 2
Year Built Source: Other
Lot Size Acres: 11.64
Sign On Property YN: No
List Price/SqFt: 82.55
Sold Price/SqFt: 75.95
Building Area Total: 30283
Year Built: 1999
Remarks and Miscellaneous
Public Historical Remarks: Road Type: Twp-rd, Level: Multi, Location: FreeStnd, Ceiling: 0-9FT, Miscellaneous: Zoning Code None
Public Remarks: RARE INVESTMENT OPPORTUNITY! 1ST TIME OFFERED!! Western Wayne School District. 5 Buildings. 27 units. 24 are 2 bdrm/1 bath. 2 are 3 bdrm/2bath. 1 1bdrm studio. All have stoves, refrigerators and dishwashers. Each building has a laundry facility in basement. Tenants pay electric, cable and propane. Landlord pays garbage, septic, well and taxes. Large walk-in closets. Open floorplans. Decks. 2 parking spots per apartment. Office/workshop and studio apartment on the same level. Perfect for caretaker.
Listing Terms
Cash: 1
Conventional: 1
Owner Pays
Water: 1
Taxes: 1
Trash Collection: 1
Disclosures
Right of First Refusal: 1
Possession
Close Of Escrow: 1
Possible Use
Multi-Family: 1
Building Features
Ceiling Height: 9
Other: 1
Rail Road Track
None: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Electric: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Road Frontage Type
See Remarks: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Wayne
Street Name: Laurie
City (Post Office): Lake Ariel
State: PA
Postal Code: 18436
Status Change Information
Purchase Contract Date: 2022-02-01
Close Date: 2022-03-31
Close Price: 2300000
Property Features
Listing Terms: Cash; Conventional
Owner Pays: Water; Taxes; Trash Collection
Disclosures: Right of First Refusal
Possession: Close Of Escrow
Possible Use: Multi-Family
Building Features: Other
Rail Road Track: None
Cooling: Ceiling Fan(s); Central Air
Heating: Electric
Water Source: Well
Sewer: Septic Tank
Parking Features: On Site
Road Frontage Type: See Remarks
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office: Classic Properties - Mountainhome
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.