$215,000
$250,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
0.42 Acres Lot
SOLD DATE : 11/08/2017
Key Details
Sold Price $215,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Temple
MLS Listing ID 1004080569
Sold Date 11/08/17
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1936
Annual Tax Amount $4,785
Tax Year 2017
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 165 X 150
Property Description
Rare opportunity to purchase a 4 unit apartment building with 5 rental garages and the ability to pursue adding 2 more apartments and rent the 6th "owners garage". Room to increase rents in both the apartments and the garages. This is not a typical house cut into apartments; but, rather an adaptive re-use of a prior concrete block building. Property is currently zoned R-3 and considered an approved non-conforming use. All apartments have w/d hookups. Two of the 925 sq.ft. 2b/1b units have electric heat and a/c (mini-splits) and electric hot water. The electric is individually metered in these 2 apartments and paid by the tenant's. The smaller 2b/1b and the 1b/1b are currently on an owners meter (electric is paid by owner)and they share a natural gas furnace for heat and hot water (also paid by owner). The electric and gas could be individually metered for both of these apartments. The property is served by natural gas and public water/sewer. The 2nd story of the eastern side of the building is currently an open unfinished area well suited for the addition of 2 more apartments. There is a small separately deeded vacant lot to the east of the building (1312 Mt. Laurel Rd) that is included with the sale.
Location
State PA
County Berks
Area Muhlenberg Twp (10266)
Zoning R-3
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Other
Heating Gas, Electric
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas, Electric
Laundry Hookup
Exterior
Garage Spaces 9.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Other
Total Parking Spaces 9
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
High Schools Muhlenberg
School District Muhlenberg
Others
Tax ID 66-5319-05-17-4712
Ownership Fee Simple
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 Anthony Borelli • Century 21 Gold
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”