$485,000
Milford, PA 18337
MLS# 22-1958
Status: Closed
2844 sqft
1 / 25
Property Description
CASH COW Investment Property w/ great signage and visibility now available on Milford Boro's main thoroughfare, leading to Route 6, Hawley and Lake Wallenpaupack. PennDOT traffic count is 7,900 vehicles per day! This corner property features two buildings, one currently housing a busy Real Estate office and the second building has a 1 Bedroom apartment and separate office space above. The main building is ADA compliant and features reception area, multiple conference rooms, offices, kitchen and full basement for storage. The second building has a nice one bedroom apartment and additional renovated office space above. All three spaces are currently rented.
Details
Contract Information
Property Attached YN: No
Current Price: $485,000
Sold Price: $485,000
Status: Closed
Listing Contract Date: 2022-05-27
Location, Tax, and Legal
Street Additional Info: 500 W Harford Street
Municipality: Milford Borough - 08
High School District: Delaware Valley
Cnty&Muni Taxes (Legacy): 4029.13
School Tax Amount: 7782.79
Tax Annual Amount: 11811.92
Parcel Number: 112.12-1-20
Zoning Description: Commercial
Tax Book Number: 691/387
General Property Information
Number Of Buildings: 2
Number Of Units Total: 3
Building Area Total: 2844
SqFt. Above Grade (Legacy): 1948
SqFt. Below Grade (Legacy): 896
Lot Size Acres: 0.29
Lot Size Dimensions: 80' x 160'
Water Body Name: None
Basement YN: Yes
Stories: 2
Leasable Area: 3388
List Price/SqFt: 175.46
Sold Price/SqFt: 170.53
Living Area: 2844
Year Built: 1930
Remarks and Miscellaneous
Public Remarks: CASH COW Investment Property w/ great signage and visibility now available on Milford Boro's main thoroughfare, leading to Route 6, Hawley and Lake Wallenpaupack. PennDOT traffic count is 7,900 vehicles per day! This corner property features two buildings, one currently housing a busy Real Estate office and the second building has a 1 Bedroom apartment and separate office space above. The main building is ADA compliant and features reception area, multiple conference rooms, offices, kitchen and full basement for storage. The second building has a nice one bedroom apartment and additional renovated office space above. All three spaces are currently rented.
Construction Materials
Frame: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Office: 1
Residential: 1
Electric
200 or Less Amp Service: 1
Flooring
Wood: 1
Heating
Natural Gas: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Parking Features
On Site: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
State Road: 1
Road Surface Type
Paved: 1
Roof
Other: 1
Sewer
Septic Tank: 1
Water Source
Public: 1
Building Features
Included In Contract: Building Only
Number of Levels: 2
Office SqFt: 2668
Business Type
Professional Service: 1
Professional/Office: 1
Rental: 1
Possible Use
Office: 1
Residential: 1
Retail: 1
Tenant Pays
Common Area Maintenance: 1
Electricity: 1
Gas: 1
Insurance: 1
Parking Fee: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Other: 1
Location Tax and Legal
Street Number: 114
Street Name: 8th
Street Suffix: Street
County: Pike
State: PA
Postal Code: 18337
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2022-10-07T21:15:32Z
Major Change Type: Status Change
Purchase Contract Date: 2022-07-19
Close Date: 2022-10-07
Close Price: 485000
Property Features
Business Type: Professional Service; Professional/Office; Rental
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Current Use: Commercial; Office; Residential
Electric: 200 or Less Amp Service
Flooring: Wood
Heating: Natural Gas
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Parking Features: On Site
Possession: Negotiable
Possible Use: Office; Residential; Retail
Road Frontage Type: City Street; State Road
Road Surface Type: Paved
Roof: Other
Sewer: Septic Tank
Tenant Pays: Common Area Maintenance; Electricity; Gas; Insurance; Parking Fee; Snow Removal; Taxes; Trash Collection; Water; Other
Water Source: Public
Listing Office: Keller Williams RE Milford
Last Updated: February - 04 - 2025
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