For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,197 sqft
Price per Sqft $106
MLS Listing ID PABK375660
Sold Date 05/05/21
Style Other
HOA Y/N N
Abv Grd Liv Area 2,197
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $5,346
Tax Year 2020
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.00 x 0.00
Property Description
This is a very nice 3 unit property with 2 apartments in the brick home, one 2 bedroom on the first floor and a 3 bedroom on the second floor. The owner pays the gas heat for these and the owners electric and the water, sewer and trash and lawn. The rents are $900 for the first floor and $950 for the second floor. The tenants pay for the electric Rents are month to month and should be higher. The rear home is rented for $820 per month and the tenant pays the gas heat and electric. There is a lease till Jan 2022. This rent should also be more. Here are the owners cost for one year: Taxes $5761...Insurance $2493....Water $1181....Sewer $1481...UGI $1232....PPL $383...Trash $578...Erlich $758...Cut Grass $1080...Total of $14,947. Net profit is $17,093. With rent increases the net should be $28,133 per year. The sale included the side lot also, TAX ID 39-5306-17-01-8469
Location
State PA
County Berks
Area Cumru Twp (10239)
Zoning HR
Rooms
Basement Full
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Garage - Rear Entry
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Attached Garage, Driveway, On Street
Attached Garage 1
Total Parking Spaces 3
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Governor Mifflin
Others
Tax ID 39-5306-17-01-8523
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Branden Lee Spece • United Real Estate Strive 212