For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $105,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $37
MLS Listing ID PASK2000812
Sold Date 09/13/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,800
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,057
Tax Year 2021
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.00 x 0.00
Property Description
Add this downtown Tamaqua 4 unit rental property to your portfolio! 3 units are rented, all rents include landlord paying oil heat. tenants pay their own electric. Rents are $535/$555/ $505, 2 of the 3 tenants are month to month, $555 has a one year lease ending 4/30/22. All rents are substantially below market rent and should be closer to $700/month. Current Annual Income with 3 units rented: $19,140 Annual Expenses: WSG: $748; Oil $2000; Taxes: $2057 Insurance: $1500 Total Annual Expense: $6305. Net Income: $12,835 = 10.6% cap rate....add a tenant to unit 4, even at $555/month = 16% Cap rate! At CURRENT rents! Schedule your appointment today!!! One of the sellers is a PA licensed Realtor. 48 hour notice requested for showings.
Location
State PA
County Schuylkill
Area Tamaqua Boro (13365)
Zoning GC
Rooms
Basement Full
Interior
Hot Water Oil
Heating Hot Water
Cooling None
Heat Source Oil
Exterior
Waterfront N
Water Access N
View River
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Tamaqua Area
Others
Tax ID 65-13-0239.002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
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 Gail A Christman • Gene Durigan Real Estate - Lehighton
GET MORE INFORMATION