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240 W Main Street

Ephrata, PA 17522

– beds
– baths
2,124 sqft
12,632 sqft lot
$152 per sqft
1925 build

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Unique 2 unit investment property with 5 car detached garage. Deep and wide lot - 13,306 SF. Fully occupied. 1st floor unit is 2 bedrooms, 1 bath and rents for $975 with laundry in basement. 2nd floor unit is 2 bedrooms, 1 bath and rents for $800 with laundry on 2nd floor. Tenants pay electric. Detached 5 car garage(20 x 54) with garage 1 being vacant (was owner occupied). Garages 2 and 3 are each rented for $45 per month. Garage 4 and 5 rents for $100. All leases are month to month. All appliances are owned by landlord. Subdivision is possible per Ephrata Boro for a building lot with single family home and a detached garage. Zoned Residential High Density. Offer DEADLINE is set for Friday, Sept 27th @ 10 AM. Highest and best. No escalation clauses.

Listing courtesy of BRIGHT / Kingsway Realty - Ephrata

Last checked: Checking… • Last updated Oct 30, 2024 •

MLS# PALA2057344 —

The Building

Year Built:

1925
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame, Vinyl Siding
Structure Type:

Detached
Architectural Style:

Traditional
Building Units Total:

2
Roof:

Shingle
Window Features:

Storm
Accessibility Features:

None
Foundation Details:

Stone, Brick/Mortar
Basement:

Yes
Basement Type:

Outside Entrance, Windows, Full
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2124

Interior

Interior Features:

Attic, Combination Kitchen/Dining, Dining Area, Wood Floors
Flooring Type:

Hardwood, Vinyl
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2124
Living Area SqFt:

2,124 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Buyer Financing:

Conventional
Possession:

Settlement

Location

Directions:

322 W thru downtown Ephrata to property on left just before Oak Street.
Latitude:

40.18049240
Longitude:

-76.18098450
Location Type:

Downtown

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.29
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

12,632 Sqft
Inclusions:

All Appliances in both units including washer and dryer. Extra dryer in garage can stay.
Exclusions:

Tenants property.
Zoning:

RESIDENTIAL HIGH DENSITY
Outdoor Living Structures:

Porch(es)
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

114
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

260-88302-0-0000
Tax Year:

2024
Tax Annual Amount:

$3,581
Tax Assessed Value:

$146,000
Year Assessed:

2024
School Tax:

2828.0
County Tax:

425.00
City/Town Tax:

328.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Oil

Utilities

Utilities:

Cable TV
Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Dryer - Electric, Dishwasher, Oven/Range - Electric, Refrigerator, Washer

Schools

School District Name:

Ephrata Area
School District Source:

Listing Agent

The Community

Exterior Features:

Sidewalks
Pool:

No Pool

Parking

Total Garage and Parking Spaces:

5
Garage:

Yes
Garage Features:

Garage - Side Entry
Garage Spaces:

5.00
Type of Parking:

Detached Garage, Off Street, On Street
Parking Features:

Unpaved
# of Detached Garage Spaces:

5

Extra Units

# of Units:

2
Vacation Rental:

No
Two Bedroom Units:

2

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
10/30/24 Oct 30, 2024	Sold	BRIGHT	$324,000	9.9%
9/27/24 Sep 27, 2024	Pending	BRIGHT	$294,800
9/19/24 Sep 19, 2024	Listed / Active	BRIGHT	$294,800

Multifamily Sold on 10/30/2024

$324,000

Listing provided by broker:

Randal V Kline

Kingsway Realty - Ephrata

lynn@kingswayrealty.com

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Listing Courtesy of: BRIGHT and Kingsway Realty - Ephrata.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

240 W Main Street

Ephrata, PA 17522