$460,000
$475,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
5,227 SqFt
SOLD DATE : 05/13/2022
Key Details
Sold Price $460,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,227 sqft
Price per Sqft $88
MLS Listing ID PABK2013574
Sold Date 05/13/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,132
Tax Year 2022
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 0.00 x 0.00
Property Description
Outstanding Opportunity-Investor Alert in Muhlenberg School District. 5 residential units and 3 garages, off street parking, situated on one tax parcel, 2 buildings and garages total. Consisting of a lower level studio/one bedroom, a first floor 2 bedroom, a 1 bedroom rear second floor, and a 1 bedroom upper. Some leases are month to month and under market value, providing immediate growth opportunity. Major rehab to interior units in main building in 2009. Single building of 2/3 bedroom unit has very recent remodel and is gorgeous! Newer roof on main building, updated kitchens, baths, windows and flooring. Landlord pays water, sewer and trash for property. Landlord pays heating in main building. All tenants pay separate metered electric. Tenants pay heat and air conditioning in single unit. This is a one- of- a- kind property with outstanding growth potential. Zoned Village Commercial. You dont want to miss this one. Schedule showing now.
Location
State PA
County Berks
Area Muhlenberg Twp (10266)
Zoning C-1
Interior
Hot Water Oil
Heating Forced Air
Cooling Window Unit(s)
Flooring Carpet, Ceramic Tile, Hardwood, Laminated, Vinyl
Heat Source Oil
Exterior
Garage Spaces 5.0
Utilities Available Cable TV, Phone
Waterfront N
Water Access N
Roof Type Rubber,Shingle
Accessibility None
Parking Type Parking Lot, Other
Total Parking Spaces 5
Garage N
Building
Lot Description Cleared, Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Muhlenberg
High Schools Muhlenberg
School District Muhlenberg
Others
Tax ID 66-5309-12-95-5898
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Nadine H. Daubert • Ramus Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "