$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
Parking Features Covered Parking, Garage - Front Entry
Garage Spaces 2.0
Water Access N
Roof Type Shingle
Accessibility 2+ Access Exits
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
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Bought with Michael L Myer • Geller Real Estate Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "