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Key Details
Sold Price $128,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $76
Subdivision Beacon Hills
MLS Listing ID PABK2006450
Sold Date 11/30/21
Style Traditional
Abv Grd Liv Area 1,680
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,595
Tax Year 2021
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Wilson Schools large brick semi-detached fully occupied 2 unit in the Borough of Sinking Spring with tenant paid utilities. 2 newer separate gas furnaces. 2 electric water heaters. 200 AMP electric main with 2 - 100 AMP breaker panels. Central Air for unit 2 is not working. Basement is divided in 2 and accessible by both units. Off street parking for 2 plus cars. Covered front porch. Rear patio. Fire escape. Longterm tenants. Unit 1 - 1st floor has 4 rooms, 2 BRS, living room, kitchen, bath. electric cooking. Rented for 735 a month by a 4 year tenant on a M/M basis. Unit 2 - 2nd & 3rd floor has 5 rooms, 3 BRS, living room, kitchen, bath, electric cooking, rented for 750 a month by a 5 year tenant on a M/M basis. Annual income: $17,820. Total Expenses: $6250. NOI: $11,570. Cap Rate: 7%. Expenses breakdown: Taxes: $2595. Insurance: $537. W/S: $2700. Trash: $318. Permits: $100. The property needs work but has a ton of potential. Rare 2 unit in Wilson Schools with commercial possibilities on the Ave. Close to major roads, schools, shopping and medical facilities. Being sold AS IS.
Location
State PA
County Berks
Area Sinking Spring Boro (10279)
Zoning RESIDENTIAL
Rooms
Basement Full, Drain, Interior Access, Outside Entrance, Unfinished
Interior
Interior Features Carpet, Ceiling Fan(s)
Hot Water Electric, Multi-tank
Heating Forced Air
Cooling Central A/C, Window Unit(s)
Flooring Carpet, Vinyl
Equipment Oven/Range - Electric, Refrigerator, Dishwasher
Fireplace N
Appliance Oven/Range - Electric, Refrigerator, Dishwasher
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s), Porch(es)
Garage Spaces 2.0
Utilities Available Above Ground
Waterfront N
Water Access N
Roof Type Metal
Accessibility 2+ Access Exits
Porch Patio(s), Porch(es)
Parking Type Off Street
Total Parking Spaces 2
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Wilson
Others
Tax ID 79-4386-10-46-7085
Ownership Fee Simple
SqFt Source Estimated
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 Jose M Candelaria • RE/MAX Of Reading