For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $70,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,310 sqft
Price per Sqft $30
Subdivision None Available
MLS Listing ID 1002498510
Sold Date 05/31/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,310
Originating Board TREND
Year Built 1892
Annual Tax Amount $2,810
Tax Year 2016
Lot Size 4,200 Sqft
Acres 0.1
Lot Dimensions 30
Property Sub-Type Detached
Property Description
Pottstown Duplex. Income producing property with tenants paying their own separate heat and utilities. Live in one and rent the other! Off-street parking. Very nice return on Investment for Investors. Unit #1 rent is $600 and unit #2 is $750. Gross Annual Income: $15,900 Heating: Total Annual Expense: $6,263 Electric: $305 Net Operating Income: $9,621 Sewer and Water: $1,606 Gross Rent Multiplier: 5.00 Maintenance: $1,000 Capitalization Rate: 13.27 Insurance: $558. As per seller, this price reflects an in-place yield of 15%.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning RMHD
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Pottstown
Others
Tax ID 16-00-01592-003
Ownership Fee Simple
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 Gary A Pace • Richard A Zuber Realty-Pottstown