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Key Details
Sold Price $215,000
Property Type Condo
Sub Type Apartment Style,Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $42
Subdivision Not In Development
MLS Listing ID 718150
Sold Date 08/01/23
Year Built 1880
Lot Size 3,920 Sqft
Property Description
Located in the heart of the Tamaqua downtown historic district, this turn of the century fully occupied brick 4 unit includes 3 residential units and one first floor commercial storefront space. All current tenants are month to month, with rents that are below market rate; First floor commercial space is appx 735 sq ft., 2nd and 3rd floors include 2-1BR apts, and 1-2 BR apartment. Property is located in the Tamaqua Downtown CRIZ zone (see attached document for info). Ample off street parking. Current annual income: $24,300. Projected potential income: $40,200; Approximate expenses: Taxes $1584, Insurance $1150, Water $1554, Sewer $1560, Trash $1081 , Landlord electric appx $324. Total expenses $7253 - this number does NOT include oil for the oil fired domestic hot water heater. Seller did not have that information. 48 hour notice required for showings Note: Dan Reigel is not closing his business. He is a tenant in this building.
Location
State PA
County Schuylkill
Area Tamaqua
Interior
Cooling Wall AC
Exterior
Garage Paved Lot
Garage Spaces 5.0
Building
Sewer Public
Water Public
New Construction No
Schools
School District Tamaqua
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with NON MBR Office