Commercial property located in the borough of Middletown with an active commercial day care occupant on a new four-year modified gross lease. Day care has been in operation on this site for more than thirty years. Owner pays property taxes, building insurance, water, sewer and building maintenance. Tenant pays electric and all ground maintenance. Easy cash flow with lease that provides annual rent escalations. Property zoning is non-conforming commercial in a residential zoning district. Parking for more than 11 vehicles, two outside fenced play area, large rear lawn with room for expansion. Various rooms, baths and kitchenettes throughout that allow separation of age groups and versatility. If you ae interested in is cash flow you just found the cash cow! Please no drive byes. All showings must be with listing agent after normal operating hours.
Sold for $250,000 on 11/17/23
$250,000
455 N Cedar Ave, Middletown, PA 17057
3beds
--baths
3,040sqft
Multi Family
Built in 1973
-- sqft lot
$323,600 Zestimate®
$82/sqft
$1,173 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 17, 2023 at 08:22am
Listed by:
Mr. Tim Clouser 717-574-4753,
RE/MAX Realty Select
Bought with:
ADAM L CLOUSER, RS302036
RE/MAX Realty Select
Source: Bright MLS,MLS#: PADA2027376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Baseboard, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Electric Water Heater
Features
- Dry Wall
- Flooring: Laminate, Vinyl, Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,040
- Total interior livable area: 3,040 sqft
Property
Parking
- Total spaces: 11
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Exterior features: Play Area
- Pool features: None
Lot
- Size: 0.70 Acres
- Features: Irregular Lot, Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 420320170000000
- Zoning: NON CONFORMING
- Zoning description: Non-Conforming Commercial located in a R-1 Residential Zone.
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch/Rambler
- Property subtype: Multi Family
Materials
- Metal Siding, Block
- Foundation: Slab
- Roof: Architectural Shingle,Asphalt,Shingle
Condition
- Good
- New construction: No
- Year built: 1973
- Major remodel year: 1973
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Broadband, DSL, Fiber Optic
Community & neighborhood
Security
- Security features: 24 Hour Security
Location
- Region: Middletown
- Municipality: MIDDLETOWN BORO
HOA & financial
Other financial information
- Total actual rent: 30000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Road surface type: Paved