A rare opportunity for the experienced investor offering a 10 percent+ Cap rate. This property offers 9 fully rented residential apartments with an excellent rental history+ a commercial unit Post Office leased through 2027. Corner lot with some off-street parking. Building was completely updated & renovated in 2010 with many units updated in 2022. Gross yearly income of nearly 90000., Semi-Modern Kitchen and baths. Separate tenant paid electric. SqFt Fin 8500. Financials available upon request. Must see to appreciate.
OPPORTUNITY AWAITS!! This well known turn key family business for 33 years + offers the best of both worlds. Well established restaurant on one side with a 8 room motel on the other. Restaurant seats 140 with kitchen, office, pantry room, ice cream room, full basement with walk in cooler and freezer, lots of parking for both restaurant and motel. Motel offers six rooms with two full beds and bath and the other two have one full bed with bath. The original restaurant that is at the far right side would offer many rental opportunities or finish it off to add additional room for the business. The full basement offers tons of storage or addition space to make it whatever you can dream of come true. Don't wait! Call me today for your personal showing!!
The median home value in Laceyville, PA is $169,800. This is lower than the county median home value of $184,400. The national median home value is $338,100. The average price of homes sold in Laceyville, PA is $169,800. Approximately 47.74% of Laceyville homes are owned, compared to 38.71% rented, while 13.55% are vacant. Laceyville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Laceyville real estate agent to arrange a tour today!
Laceyville, Pennsylvania 18623 has a population of 397. Laceyville 18623 is less family-centric than the surrounding county with 23.03% of the households containing married families with children. The county average for households married with children is 24.66%.
The median household income in Laceyville, Pennsylvania 18623 is $72,143. The median household income for the surrounding county is $62,795 compared to the national median of $69,021. The median age of people living in Laceyville 18623 is 34.9 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 38.1 inches per year, with 41.7 inches of snow per year.