Bellefonte, PA 16823,113 S SPRING ST
Bellefonte, PA 16823,113 S SPRING ST
Bellefonte, PA 16823,113 S SPRING ST
$379,000
Est. payment /mo
$415,000
8.7%
Est.Price: ?

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6,975 SqFt
SOLD DATE : 04/16/2021

Key Details

Sold Price $379,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,975 sqft

Price per Sqft $54

Subdivision Bellefonte Borough

MLS Listing ID PACE2504346

Sold Date 04/16/21

Style Other

Originating Board CCAR

Year Built 1900

Annual Tax Amount $7,934

Tax Year 2020

Lot Size 0.260 Acres

Acres 0.26

Property Description

GREAT INVESTMENT OPPORTUNITY: 7-Unit Investment Property fully rented with great rental history. This mixed-use rental property is located in the Bellefonte Borough 1/2 block off of High Street. There are 5 residential and 2 commercial/office units in 2 separate buildings on the property. The current owners have completed many updates to the property during their ownership including, windows, paint, insulation, various mechanical updates/replacements, and many others. Several of the leases have been renewed recently so the new owners can just continue to manage the property and collect the rent. The property is conveniently located in the Bellefonte Borough 1/2 block off of High Street. Bellefonte, PA is the Centre County seat and this property is approximately 2 blocks from the county courthouse, various law offices, and the downtown retail district. The property is also located in a Qualified Opportunity Zone which may allow for certain investment tax benefits.

Location

State PA

County Centre

Area Bellefonte Boro (16432)

Zoning COMMERCIAL

Interior

Heating Baseboard, Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Roof Type Rubber,Shingle

Street Surface Paved

Accessibility None

Parking Type Off Street, None

Garage N

Building

Story 3

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

School District Bellefonte Area

Others

Tax ID 32-303-,050-,0000-

Ownership Other

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tommy Songer • Better Homes & Gardens Real Estate - GSA Realty
Bought with Lara Kingshipp Carter • Kissinger, Bigatel & Brower

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Irma Rodriguez

+1(302) 357-1823

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