This 3,570 SqFt mixed-use property is the perfect opportunity you won't want to turn down! This property includes three 2-bedroom apartments, 1 storefront, and two 10-foot garages! A Construction company currently rents the storefront and one of the garages for $1325+ heat and electricity. The three 2 bedroom apartments rent for $780, $790, and $810 + heat and electric and all tenants have lived here 3+yrs. Additional garage currently used by the owner. This property has been well maintained since the seller purchased it in 1987. Roof replaced in July 2020. The owner only pays RE taxes, insurance, and W/ S/T. 10% Cap Rate!
Multi-familyProperty Type
1930Year Built
0.25 acresLot Size
Listed by Autumn Sanger• Weichert Realtors Neighborhood One
•610-670-6566 (broker)
Bought with Tammy Bieber• BHHS Fox & Roach-Macungie
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Berks County
APN
5309-20-8747
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Sep 26, 2018.
C
Commercial District
In addition to the objectives listed in section 501, it is the purpose of this district to provide for commercial development commonly associated with the central business districts of small communities. Further, it is recognized in older communities such as Laureldale Borough that mixeduses residential and commercial exist and can continue to coexist in line with a traditional mixed-use neighborhood concept.
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
General retail
Hotel / motel
Office
Library
Post office
Timberland
Property details
Parking
Parking Information
Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Multi Unit Information
# of Two Bedroom Units: 3
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $80,400
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 4
Construction Materials: Stucco
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $58,800
Above Grade Information
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $947
County Tax: $1,066
School Tax: $4,278
Tax Assessed Value: $139,200
Tax Year: 2021
Tax Annual Amount: $6,290
Assessments Information
Year Assessed: 2021
Utilities
Utilities Information
Cooling Type: Wall Unit
Cooling Fuel: Electric
Forced Air
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: MUHLENBERG
School District Source: Listing Agent
Location Information
Directions: Use GPS for best results
Municipality: LAURELDALE BORO
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Berks County
APN: 5309-20-8747
Home facts updated by county records on Sep 26, 2018
Around this home
Schools
Muhlenberg El Center
Public K-3 • Assigned • 0.1mi
3/10
Muhlenberg Middle School
Public 7-9 • Assigned • 0.5mi
3/10
Muhlenberg High School
Public 10-12 • Assigned • 0.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Reading, PA • 19605
Average low and high temperatures (°F)
31
19
36
24
55
35
63
44
69
52
80
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84
69
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63
75
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65
46
52
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
In this area, properties receive around 9.1 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$450,000 – $545,000
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