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Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $240
Subdivision None Available
MLS Listing ID PAMC2097482
Sold Date 04/16/24
Style Traditional
Abv Grd Liv Area 2,200
Originating Board BRIGHT
Year Built 1860
Annual Tax Amount $6,392
Tax Year 2023
Lot Size 1.770 Acres
Acres 1.77
Property Description
This property is an exciting opportunity to have a great income producing property with tremendous upside. There is a large house that has 4 bedrooms and 2 full baths that has been recently updated as well as a 1-bedroom and 2-bedroom apartment in a separate building. The apartments have been recently updated. There is also a new 41x24 pole barn that is being rented. All units have been upgraded in the past few years. This property is located on 1.7+ acres and can also be used as an at home business. This investment property is currently being listed at an 8.6% CAP Rate. This property is located close to major routes and very convenient to access.
Location
State PA
County Montgomery
Area New Hanover Twp (10647)
Zoning R25
Rooms
Basement Unfinished
Interior
Interior Features Kitchen - Country, Kitchen - Island
Hot Water Propane, S/W Changeover
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick, Laminated, Carpet
Fireplace N
Window Features Insulated
Heat Source Oil, Propane - Owned
Exterior
Exterior Feature Patio(s)
Garage Garage - Front Entry
Garage Spaces 3.0
Utilities Available Cable TV, Propane
Waterfront N
Water Access N
Roof Type Pitched
Street Surface Black Top
Accessibility None
Porch Patio(s)
Road Frontage Boro/Township
Parking Type Detached Garage
Total Parking Spaces 3
Garage Y
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Well
Architectural Style Traditional
Additional Building Above Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
High Schools Boyertown Area Jhs-East
School District Boyertown Area
Others
Tax ID 47-00-03564-007
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Deborah Kenney Harvey • Better Homes and Gardens Real Estate Phoenixville