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Don't miss out on a great investment opportunity in Downtown Chambersburg! This property is located just one block away from the Square of Chambersburg and is just a few hundred yards away from the new Amphitheater being built. The building has 5 apartments and a small laundromat for the tenants. There are 2 two-bedroom units, 2 one-bedroom unit and an efficiency apartment. The building brings in $4,600 a month in income. The building is being sold at an 11% CAP Rate, which is an incredible potential return on investment! The building sits on a large lot giving you plenty of room for potential expansion, especially with the great Distributed Commercial Zoning. Plenty of space for parking and even a private alley that gives you ingress and egress onto the property from route 30! There also is a very nice concrete floor basement that is great for owners storage. This is a great opportunity that you do not want to miss out on! Call me today for a private tour and property financials. Disclosure: Seller is a licensed Pennsylvania real estate salesperson and has a financial interest in the property.
Listed by Austin Rosenbaum of RE/MAX Realty Agency,Inc.

Property Details of 146 Lincoln Way W

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