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MEGA AUCTION PROPERTY! Laundromat with a 3 bedroom apartment above located on Maple Street in Lebanon,PA.
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MEGA AUCTION PROPERTY

 

Property Inspection: Monday, May 17th @ 5PM

 

Laundromat

16 Washers (8 front loads and 8 top loads)

4 large industrial size washers

13 dryers

Vending machine

Change machine

Built in 1967

Tax ID#: 10-2337759-373076-0000

Mansonry construction

Shingle roof

Public water and sewer

Gas heat and gas hot water

12+ parking spaces

Taxes approx: $3,900

Full cement basement with lots of storage.  Has built-in water purification system (not used in 10 years)

VERY WELL MAINTAINED AND CLEAN

 

2009 EXPENSES

Electric: $2,504.41

Water: $3,403.04

Gas: $5,253.19

Taxes: $3,754.99

Garbage: $689.34

Phone: $462.61

Water Usage:

11/8/2008 - 2/10/2009 - 97,000 gallons - $826.12

2/11/2009 - 5/12/2009 - 92,000 gallons - $795.32

5/13/2009 - 8/11/2009 - 98,000 gallons - $832.28

8/12/2009 - 11/23/2009 - 104,000 gallons - $923.52

11/24/2009 - 3/3/2010 - 88,000 gallons - $817.44

 

GROSS INCOME (ESTIMATED FROM 2009) - $42,000

 

 

3 BEDROOM APARTMENT LOCATED ABOVE LAUNDROMAT GENERATING $600/MONTH

 

- Water, sewer & garbage included in rent

- Tenant pays all other utilities and heat

- 1,456 square feet

- Living room

- Dining room

- Kitchen

- 1 full bath

- GOOD LONG TERM TENANT!

A 10% deposit collected on day of auction.  Balance due in 45 days.  A 3% buyer's premium will be added to final purchase price.