17 days on rocket

116 Auction Rd, Manheim, PA, 17545

$500,000

Home List Price

$5,938*

Closing Credit

4 Bedrooms
2 Full Baths
2,260 SqFt
$221/SqFt
House
Schools Nearby

Location

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116 Auction Rd, Manheim$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Parking Lot
Year Built1954
HeatingHot Water
CoolingNone
BasementYes
MLS #PALA2049518
Lot Size0.25 Acres
StatusActive
(ACTIVE)

About 116 Auction Rd

Welcome to Auction Rd, where the perfect blend of prime location and lucrative business potential awaits! This commercial property isn't just an investment; it's a golden opportunity for an owner-operator to live and thrive in the heart of Manheim's bustling business district. This is conveniently located, and you would be steps away from your office space. This limited commercial property is in a strategic location near the Manheim Auto Auction. There upstairs 1-bedroom 1-bath unit and there is a downstairs 3-bedroom 1-bath unit, as well as an office space, complete with a working wood-burning fireplace and its own bathroom. All leases are on a month-to-month basis, allowing the new owner the flexibility to adjust arrangements if needed. The limited commercial zoning, with a special exception for a car dealership, adds a layer of versatility to the property, while also being a great option for other various business ventures. Noteworthy is the fact that the property is parceled as two lots. The removal of an old home on lot 104 was necessitated by a collapsing basement wall, presenting the opportunity for new construction if desired on this lot as well. The opportunity to either purchase the entire property and use as one or develop the second plot enhances the investment potential. This is a strategic investment opportunity that guarantees immediate returns with existing tenants while also providing an excellent platform for a business to thrive given the proximity to the auto auction and other local business in the Manheim area. While also being positioned to capitalize on the constant flow of business in the area. Don't miss out on this exceptional opportunity – seize the moment while the sellers has a sudden opportunity out of state. They are selling 104, 116 Auction Rd that are great income properties for him as well as 26 Hart St in Manheim. If you are looking to expand your portfolio currently, don't miss the chance to explore this promising opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1954
  • Stories: 2
  • Living Area: 2,260 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate
  • Office Phone: (717) 769-2986
  • Listing Agent: Nichole Lynn Shultz

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Manheim Central High School, Public District Grades 9-12
  • Manheim Central Middle School, Public District Grades 5-8

Other

Directions Information:

  • Directions: From Lancaster, north on Manheim Pike (Route 72), turn right on Auction Rd. ( at Manheim Auto Auction), properties on the right.

Municipality:

  • Penn Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $3,364
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALA2049518

Listing Office:

  • Office Name: Iron Valley Real Estate
  • Office Phone: (717) 769-2986
  • Listing Agent: Nichole Lynn Shultz

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 8:00:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,364$177,000
2020$3,363$177,000
2019$3,305$177,000
2018$3,915$177,000
2017$3,333$143,000

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3322267
5
/10
  • Manheim Central Middle School

  • 261 White Oak Rd

  • 2.44 miles

  • Public District Grades 5-8

High School

school-card-donut-3322268
6
/10
  • Manheim Central High School

  • 400 Adele Ave

  • 2.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,450. The most common annual income of people living in Lancaster County, PA is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Auction Rd

What is the listing price of this property?

The listing price of 116 Auction Rd property is $500,000.

What type of property is this?

The property 116 Auction Rd is a house located in Manheim, Pennsylvania, 17545.

Is this property for sale now?

Active Listing: 116 Auction Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 116 Auction Rd are:
Manheim Central Middle School: GreatSchools Rating 5/10
Manheim Central High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,364 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 116 Auction Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 116 Auction Rd is 2,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Auction Rd is 1954.

Rocket HomesPennsylvaniaLancaster CountyManheim17545116 Auction Rd

This home is located at 116 Auction Rd in Manheim, PA and zip code 17545. This 2,260 square foot home, which was built in 1954, sits on a 0.25 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $500,000.

Lancaster County, PA housing market in March 2024 saw over 124 listings sold above listed price, more than 89 sold at listed price and over 75 sold below. The number of homes for sale in Lancaster County, PA decreased by 1% between February 2024 and March 2024. In March 2024 median list price was $324,978 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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