$260,000
$265,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
0.57 Acres Lot
SOLD DATE : 08/01/2018
Key Details
Sold Price $260,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1000259913
Sold Date 08/01/18
HOA Y/N N
Originating Board TREND
Year Built 1940
Annual Tax Amount $3,167
Tax Year 2016
Lot Size 0.570 Acres
Acres 0.57
Property Description
Rare investment opportunity! Suburban garage units in Western Berks. 28 garage units, each has an outlet and a light. $100 rent per unit and all fully rented. Additional rental spaces, 12 are rented at $35. per space. Over a half acre of land, possibility of additional garages be built to increase income. (check with the Borough of Sinking Spring for permitting questions). Low maintenance and excellent cash flow.
Location
State PA
County Berks
Area Sinking Spring Boro (10279)
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Utilities Available Electric Available
Waterfront N
Water Access N
Roof Type Flat
Road Frontage Boro/Township
Parking Type Parking Lot
Garage N
Building
Building Description Wood Walls, Overhead Door
Foundation Concrete Perimeter
Structure Type Wood Walls
New Construction N
Schools
School District Wilson
Others
Tax ID 79-4386-09-16-3465 & 79-4386-09-16-3466
Ownership Fee Simple
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Bought with James A Adams • Pagoda Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "