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Key Details
Sold Price $699,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003329971
Sold Date 12/30/16
HOA Y/N N
Originating Board TREND
Year Built 1910
Annual Tax Amount $17,395
Tax Year 2016
Lot Size 2.490 Acres
Acres 2.49
Property Description
Incredible Rental Complex Investment Opportunity! This family-owned, multi-unit residential rental complex in Boyertown School District has been generating great cash flow for decades, but now it's time to sell! It starts with four, newer quality 3 bedroom / 2 bath townhouses with central air and more. Then check out the 5-unit building which has three 2-bedroom units and two 1-berdoom units; plus some more small singles units on the complex boasting four more 3-bedroom units and a 2-bedroom unit. If you are a serious, qualified real estate investor or in need a 1031 exchange opportunity, this could be the perfect property for you. If you are seeking a family compound and looking for a really creative way for multiple family members to live very affordably while other people pay your mortgage, this could be your opportunity of a lifetime. Units like these don't come on the market in Boyertown School very often! Call me to schedule your personal tour!
Location
State PA
County Berks
Area Colebrookdale Twp (10238)
Zoning MIXED
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil, Natural Gas, Electric
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Shingle
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Lot Description Rural
Foundation Stone, Concrete Perimeter, Brick/Mortar
Sewer Public Sewer, Other
Water Public, Well
New Construction N
Schools
School District Boyertown Area
Others
Tax ID 38-5386-16-84-5768
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Frank P Stoltz • RE/MAX 440 - Doylestown