Great opportunity for someone to unlock the additional potential for this property that is commercially zoned, fully leased, and nearly $30K under appraised value. Develop the frontage while retaining the income from the duplex. Great income from the fully occupied duplex that has been rehabbed with all new roof, some sheathing, mechanicals, electric, both baths total renovation septic tank pumped a few months ago, flooring, paint, and leased up with great long term tenants that typically pay before the first. This was formerly the Paschke Mum farm and there are still greenhouse remains and other related items. With all of the frontage and the 20 mile bridge project ending later this year, it is a great opportunity to add a commercial aspect to the property while being able to retain the cash flow from the duplex. There truly are endless possibilities for the long-term development of the property within the zoning ordinance. Disclosure: one of the owners is a PA licensed broker.
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Zillow last checked:
Listing updated:
Listed by:
Jim Barbour610-967-0538,
KW Flagship Realty814-833-9500
Source: GEMLS,MLS#: 192578Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Heating
Forced Air, Gas
Cooling
None
Interior area
Total structure area: 2,160
Total interior livable area: 2,160 sqft
Property
Parking
Parking features: Detached, Garage
Has garage: Yes
Lot
Size: 2.25 Acres
Dimensions: 260 x 395 x 272 x 0
Features: Mineral Rights, Wooded
Details
Parcel number: 37016033.0003.02
Zoning description: B-1
Construction
Type & style
Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family, Multi Family