Incredible turnkey investment opportunity in the Centre Park Historic District! This fully rented and restored 5-unit apartment building gives an instant return! Walking up to the building a covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, two utility closets, and a half bathroom. The foyer and lobby have been renovated. New carpet and new light fixtures have been installed and the original millwork adds charm. The basement has ample storage space, 2 sets of coin-operated washers and dryers are available for the tenants convenience. The garage roof and eaves were restored in 2017. The exterior brick and trim were also restored in 2017. All units have separate electric meters that were installed in 2018. A new roof was added in 2019. Starting on the first floor: Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. Apartment (5) Private corner entrance to a modern studio. Second floor: Apartment (2) Updated 1 bedroom, 1 bath, Apartment (4) - bedroom, 1-bath with updated flooring and toilet. Third Floor: Apartment (3) 3-bedroom, 1-bath. A large 2-car tandem side entry garage with a 1-car driveway, which is currently rented out. This building has been well maintained and is ready for it's new caretaker.
Property Type :
Multi-Family
Subdivision :
Centre Park Histor
County :
BERKS
Style :
Multi-Family
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ByOwner last updated this listing 05/21/2024 @ 12:21
MLS: PABK2042566
LISTED BY: Marisa Aikman , Compass Pennsylvania, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
