Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,662
Don’t miss out on this nicely updated 3-unit multifamily property. The income is currently strong, with room to grow rents. Since the property is in very good condition with nice updates, the property will easily gather higher rents. Some tenants have been in place for many years, which provides strong stability for a new owner. The generous sized lot provides off street parking for tenants, which is a big bonus in this area. This 3 Unit property has one unit on each level, with (2) 2 bedroom units and (1) 1 bedroom unit. There are Washer and Dryer hookups in basement. The property was totally redone in 2018, and had the roof, tankless water heater, windows, all interior finishes replaced at that time. New flooring, paint, kitchens and baths were installed. The property features beautiful historical touches, while benefiting for all recent updates. There is very solid rent growth upside, along with opportunity to install coin op laundry and charge for parking. The tenants all pay for their own electric, and tenants reimburse the owner for the gas & water. CONTACT AGENT FOR GROUP TOUR DATES. Rents and P&L in documents.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2662.0
-
Cooling YN
YES
-
Cooling
Other
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Oil, Other
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Off Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.28
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$325,000
-
Tax Amount
6723.0
-
Sq. Footage
2, 662
-
Price/SqFt
$122
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Tax Lot
1458
-
Water Source
Public
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Location
County
BERKS
Elementary School
Middle School
High School
Listing Courtesy of Naomi E Brown , Capstone Commercial
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