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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 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
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Bought with Gary A Pace • Richard A Zuber Realty-Pottstown
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