Hamburg, PA 19526,69 S 3RD ST
Hamburg, PA 19526,69 S 3RD ST
Hamburg, PA 19526,69 S 3RD ST
$505,000
Est. payment /mo
$525,000
3.8%
Est.Price: ?

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5,580 SqFt
SOLD DATE : 05/19/2023

Key Details

Sold Price $505,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,580 sqft

Price per Sqft $90

MLS Listing ID PABK2025466

Sold Date 05/19/23

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $8,075

Tax Year 2023

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 0.00 x 0.00

Property Description

This 7 unit income property will surprise you with the excellent condition and nice finishes, which set it apart for tenants and owner. Most components of this property have been upgraded in the last 10 years, included roofs, water heater and Boiler, new concrete and walkways. Residents appreciate the nice finishes in kitchens and bathrooms, and original restored wood floors provide character. There is one commercial tenant, a salon that has been a long standing tenant, and six apartments. Space to add Laundry room for additional income. Landlord pays Sewer, Water, Trash and Heat (Gas Hot Water Heat) Tenant pay electric, each apartment is separately metered. The property is located on a well parked street, and has 4 on site parking spaces in rear garage. Located in rapidly growing Hamburg, residents can appreciate the solid job growth and new retail offerings. NOI is $39,640.

Location

State PA

County Berks

Area Hamburg Boro (10246)

Zoning VC

Interior

Hot Water Electric

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Private Garage

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hamburg Area

Others

Tax ID 46-4494-05-09-9400

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Naomi Brown • SVN Latus
Bought with Naomi Brown • SVN Latus

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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