Price Reduction
Address
136 E Locust Street Mechanicsburg, PA
Price
$ 69,900
Property Attributes
  • MLS#PACB116158
  • TypeLand
  • CountyCUMBERLAND
  • CityMechanicsburg
  • AreaMechanicsburg Boro
  • Zip17055
  • StyleVacant
  • Taxes$ 712
  • Price$ 69,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Gaughen Home Realty
Data Source:
Bright MLS
Property Description

Looking to get into real estate development? Now's your chance. This is an EXTREMELY rare find: a fully-approved land development plan on the West Shore for five residential units. Small, approved developments like this are nearly impossible to find because there are more restrictions on land use with every passing year. This plan been recorded at the courthouse and is ready for a building permit application submission. The units could be built, rented, and held as an investment. Filing a condominium declaration and selling the units individually might also be an option. This lot is in the walkable section of Mechanicsburg Borough, and the units will likely command excellent rents or prices. The land is flat and clear and naturally goes downhill at a slight grade to the proposed retention pond; there's no significant earthwork to do. All utilities are already at the site: water, sewer, gas, electric, cable, fiber. Listing agent has a financial interest in this property.

Middle School High School
Mechanicsburg Middle School Mechanicsburg Area High School
Price History
8/5/2019 Listed $299,900
8/19/2019 34% - $199,900
9/18/2019 13% - $174,900
10/16/2019 15% - $149,900
11/18/2019 7% - $139,900
1/7/2020 4% - $134,900
2/9/2020 4% - $129,900
4/30/2020 24% - $99,900
7/13/2020 11% - $89,900
8/18/2020 6% - $84,900
9/15/2020 6% - $79,900
12/2/2020 7% - $74,900
6/12/2021 7% - $69,900

General Features

Acceptable Financing Cash
Additional Parcels Y/N No
Association Y/N No
County CUMBERLAND
Current Use Vacant
Days on Market 566
High School MECHANICSBURG AREA
High School District MECHANICSBURG AREA
MLS Area Mechanicsburg Boro (14416)
Municipality MECHANICSBURG BORO
Ownership Fee Simple
Possession Coin w/Sell Sett
Price Per Sq Ft 6.98
Property SubType Land
Property Type Land
Sewer Public Sewer
Tax Annual Amount 712.0
Tax Year 2020
Topography Level & Clear
Utilities Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning OT - OLD TOWNE

Exterior Features

Lot Features Level, Cleared
Lot Size Acres 0.23
Lot Size Source Assessor
Lot Size Square Feet 10019.00
Navigable Water Y/N No
Road Surface Type Black Top
Roadresponsibility Public, Boro/Township
Topography Description Level & Clear
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 17055

Price
AVG $150K
$70K
Taxes
AVG $1,400
$712
Visits
AVG 86
225

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