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Property Type: Multi-Family Dwelling Bedrooms: Bathrooms: Square Feet: 0

12 unit with 3 separate buildings on 2 acres in the beautiful & charming town of Lititz, PA. 2017 voted America's most charming small town in the USA. Home of Rock Lititz, a company specializing in design, audio, lighting, and production of stages indoor & outdoor. Entertainers come to Rock Lititz who are getting ready to go on tour to practice with a true concert experience indoor & outdoor. Famous names such as the Rolling Stones, Madonna, Taylor Swift, Usher, U-2, Katy Perry, Aerosmith, Maroon 5, and Lady Gaga just to name a few. Lady Gaga liked Lititz so much, that she even bought a home here. Located on 96 acres, they have a hotel, bar, conference rooms, and music vendors on site. Lititz is also home to the prestigious technician swiss watch making college. The Wilbur chocolate factory is also a popular stop. There are many various types of businesses in Lititz creating countless job opportunities. Located conveniently between Lancaster, Harrisburg, and Lebanon. Lititz Real Estate is highly valued with it's location, business opportunities, and quality of life Lititz Real Estate will continue to grow in value. *Elizabeth Twp *2 Acres *Room to build storage units for your tenants, which is a great way to increase income with minimal expenses since you already own the land *Road frontage on Loop Rd.+ Route 501 *Located in a lovely quiet residential area *Off Street Parking *Resident Live-in manager: in Lieu of rent, they take care of snow, grass, minor maintenance, showing the apts., tenant issues, etc. We take initial calls, qualify them, then residential manager shows the apartments. The buyer fills out and pays an application fee online *Metal roofs *All windows replaced except for 6 on the B building. Seller to give buyer a $2,000 credit to finish the windows *Major tree trimming completed *All units remodeled except C-2, who is a long term tenant. She was there when we bought the property *All units have 100 Amp electric services *3 wells on the property with new commercial pressure tanks & new ultra violet light systems, filters, new treatment system *Modern sand mound septic system. We have tanks pumped once a year as preventative maintenance *B-4 has propane heat *B- 1, 2, & 3 have oil heat with hot water radiators *C-1 has oil and hot water radiators + electric baseboards *C-2 has oil with hot water radiators *A-1, 4, & 5 have electric baseboards *A-2 has oil and hot water radiators *A-3 has electric baseboards heat, and a heat pump mini split system w/ CAC *Huge upside to this property is we have done all the heavy lifting for you. Now you can sit back and collect rent. Plus all rents are approximately $75 to $125 too low. Increase the rents and automatically increase the value of the property *Currently enjoy a 9.3 % cap rate *Raise rents $90 each, increase your return to a 10.4% cap rate *Tenants ONLY pay heat + electric  *$998,000