$226,000
$209,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
1,905 SqFt
SOLD DATE : 09/30/2024
Key Details
Sold Price $226,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,905 sqft
Price per Sqft $118
Subdivision Werner Square
MLS Listing ID PABK2046540
Sold Date 09/30/24
Style Colonial
Abv Grd Liv Area 1,905
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,112
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.00 x 0.00
Property Description
INVESTMENT OPPORTUNITY! Income producing opportunity with IMMEDIATE cash flow! Two unit detached home with current tenants. A detached garage with separate heating/cooling offers the potential for additional income. Potential for net cap rate is 8.7% under current leases to include a projected $500/mo garage rent.
Location
State PA
County Berks
Area Wernersville Boro (10290)
Zoning RS
Interior
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Flooring Carpet, Hardwood, Laminated
Fireplace N
Heat Source Oil
Exterior
Garage Covered Parking, Garage - Front Entry
Garage Spaces 2.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility 2+ Access Exits
Parking Type Detached Garage, Off Street, On Street
Total Parking Spaces 2
Garage Y
Building
Foundation Block, Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Conrad Weiser Area
Others
Tax ID 90-4366-11-56-1356
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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 Michael L Myer • Geller Real Estate Company
Making real estate simple, fun and easy for you!