Bechtelsville, PA 19505,148 E SPRING ST
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Bechtelsville, PA 19505,148 E SPRING ST
Bechtelsville, PA 19505,148 E SPRING ST
Bechtelsville, PA 19505,148 E SPRING ST
Bechtelsville, PA 19505,148 E SPRING ST

$365,000

Est. payment /mo

$374,900

2.6%
Est.Price: ?

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148 E SPRING ST Bechtelsville, PA 19505

3,881 SqFt

SOLD DATE : 07/31/2020

Key Details

Sold Price $365,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,881 sqft

Price per Sqft $94

MLS Listing ID PABK355930

Year Built 1945

Annual Tax Amount $5,496

Tax Year 2019

Lot Size 6,534 Sqft

Property Description

Wow! Here's a great 5-unit investment opportunity with a low-maintenance building exteriors. You could also live in the front, detached dwelling and then have your own 4-unit apartment building to the rear! This property consists of two buildings, one of which has a 4 BR Cape Cod dwelling and the other building consisting of two (2) - 1 BR apartments and two (2) - 2 BR apartments. Rents are Cape Cod #1 @ $850/month; #2 @ $725/month; #3 @ $525/month; #4 @ $625/month; and #5 @ $725/month. These rents are below market value, so there's room to grow with the possible projected rents: Cape Cod #1 @ $1,195/month; #2 @ $795/month; #3 @ $650/month; #4 @ $695/month; and #5 @ $795/month. Four of the five tenants are long-term making this a solid investment. Tenants take care of lawn maintenance and snow removal. Owner pays sewer, trash, electric for lighting and well pump. All roofing has recently been replaced in 2020, with GAF lifetime shingles. Multi-unit, income-producing properties are very hard-to-find anymore, so this property will go fast! NOTE - Seller is a PA licensed real estate agent and is also the listing agent for this property. Unless wearing gloves, follow proper sanitizing protocol by wiping down any areas possibly compromised by touching (i.e., door knobs, locks, handles, and etc), prior to leaving the dwelling. Overall condition is Excellent. Each person MUST complete, sign, and forward the COVID-PAN and COVID-HAS forms to the listing office, prior to entering the property. All showings MUST follow COVID-19 guidelines. No more than three (3) persons total, one of which is the agent, are permitted in the property at a time. It is mandatory that masks MUST be worn by every person entering the property. Unless wearing gloves, follow proper sanitizing protocol by wiping down any areas possibly compromised by touching (i.e., door knobs, locks, handles, and etc), prior to leaving the dwelling. Thank you.

Location

State PA

County Berks

Area Bechtelsville Boro (10226)

Zoning R-2 RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Exterior

Garage Spaces 3.0

Water Access N

Roof Type Shingle

Building

Sewer Public Sewer

Water Well

New Construction N

Schools

High Schools Boyertown Area Senior

School District Boyertown Area

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kyle E Gery • Brumbach Associates-Boyertown
Bought with Michael A Ballato • VRA Realty

Jason Gareau

Broker

+1(609) 929-4486

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