$560,000
$550,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5,000 SqFt
SOLD DATE : 03/25/2020
Key Details
Sold Price $560,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $112
MLS Listing ID PABK353170
Sold Date 03/25/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $7,552
Tax Year 2020
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 0.00 x 0.00
Property Description
This Suburban 9 unit is in turn key condition and has been very well maintained by a very conscientious landlord! Located in Mohnton Borough, there are 4 one bedroom apartments, 5 two bedroom apartments and a coin operated laundry for additional income. All units are fully occupied. Total income of $79,000+ and total owner expenses of $26,400 make for a great suburban cap rate! If you are a serious investor do not miss this opportunity to add an outstanding property to your investment portfolio. Act now while interest rates are still low. Expense and income summaries are available upon request. Call Listing Agent for more details and to schedule a showing. 48 Hour notice required. **ALL PHOTOS: RENOVATED PRE-TENANT OCCUPANCY**
Location
State PA
County Berks
Area Mohnton Boro (10265)
Zoning C-1
Interior
Hot Water Natural Gas
Heating Hot Water, Steam
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Carpet, Ceramic Tile, Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 9.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Street
Roof Type Flat,Pitched,Shingle
Street Surface Paved
Accessibility None
Road Frontage Boro/Township
Parking Type Driveway, On Street
Total Parking Spaces 9
Garage N
Building
Lot Description Irregular, Rear Yard, SideYard(s)
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Governor Mifflin
Others
Tax ID 65-4395-18-21-6483
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Daniel Minotto • Bold Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "