1. Pennsylvania
  2. Ephrata
  3. 1136 STEINMETZ ROAD
$700,000

1136 STEINMETZ ROAD, Ephrata, PA 17522

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon1.2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

AUCTION PROPERTY. Auction date is Thursday, June 26th @ 5PM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 60 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: Unique mobile home park w/ 16 rental pads plus 2 ½ story -2 unit rental house with 1st floor 2 bedroom unit & 2nd floor 1 bedroom unit. Each unit has: kitchen, living room, bath, electric baseboard heat, macadam drive & parking, public water & sewer all on 1.2 ACRES. Tenants pay heat, electric, cable, water & sewer. 16 MOBILE HOME PADS @ $425 rental each. Lot #3 is park owned and rents for $500/month in addition to the $425 lot rent. Park owner also owns Lot #7 – mobile home has been removed and currently is not producing income. Park owner is gaining ownership of Lot #8 (currently vacant) which could be rented or replaced for additional income. Bridge at rear of community has been replaced and the railings on the bridge will be reinstalled prior to the auction. Ideal investment opportunity with income growth potential. Convenient location for tenants w/ easy access to stores, restaurants & schools. Zoned LMD. NOTE: Owners discontinuing partnership & serious to sell. 18 rental units. Income & expense info available upon request. Gross income approx. $114K, net approx. $92K with positive growth potential. Open House Saturday, June 7, 14 & 21 from 1 to 4PM.

Listing Status:
Active
Date Added:
June 2, 2025 at 05:00AM
Listing Office:
Kingsway Realty - Ephrata : 7177334777
Listing Agent:
Randal V Kline : 7177331006
MLS ID:
PALA2070840
  • Flooring: CarpetVinyl
  • A/C: Window Unit(s)
  • Heating: YBaseboard - ElectricOil
  • Disability Feature: None

This listing courtesy of Randal V Kline, Kingsway Realty - Ephrata

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Akron Elementary School

125 S 11th St, Akron, PA, 17501

Grades KG-4

0.91 miles away

E

Ephrata Middle School

957 Hammon Ave, Ephrata, PA, 17522

Grades 7-8

1.26 miles away

E

Ephrata High School

803 Oak Blvd, Ephrata, PA, 17522

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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