$218,000
$224,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
2,672 SqFt
SOLD DATE : 03/28/2019
Key Details
Sold Price $218,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,672 sqft
Price per Sqft $81
Subdivision None Available
MLS Listing ID PABK247784
Sold Date 03/28/19
Style Other
HOA Y/N N
Abv Grd Liv Area 2,672
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,642
Tax Year 2018
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Attention investors or owner occupied to live in one and rent the other. Pride of ownership shows in this fantastic 2 unit opportunity in Lyons Borough located 3 miles from Kutztown University. Previously converted into 2 twin homes these units have been an income producing property over the past 14 years and updated from the bottom to the top. Including but not limited to: windows, doors, roof, electric, siding, kitchens and baths. Generating an 8.8% cap rate landlord has used as a solid student rental property. Unit A: generates $1280 a month with 4 bedrooms and double staircase. Unit B: generates $960 a month with 3 bedrooms. Both units have generous kitchen, dining room, living room, 1.5 baths and 1st fl laundry. Tenants pay electric which includes heat. Owner pays water/sewer/trash. But wait.....included with this well maintained property is 10 car off street parking, 2 car detached garage and a 1 car detached garage adding to the income portfolio. You won't find a nicer property!
Location
State PA
County Berks
Area Lyons Boro (10260)
Zoning RESIDENTIAL
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Laundry Washer In Unit
Exterior
Parking Features Garage - Front Entry
Garage Spaces 2.0
Utilities Available Cable TV
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Kutztown Area
Others
Tax ID 60-5452-14-43-0905
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
Special Listing Condition Standard
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Bought with Stan Rothenberger II • Brode & Brooks Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "