Purchased as package only with 3978,3986,3992 Penn Ave. total 17 units. Parking lot in rear. Great opportunity in revitalized Sinking Spring. Total gross income is $128,685.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Sq. Ft.
5,222
Year built
1920
Style
Single Family Residential
County
Berks County
APN
79438609153812
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 8, 2023.
C-1
Neighborhood Commercial District
It is the purpose of this district to provide an area for commercial facilities, which provide goods and services to the surrounding neighborhood. The commercial establishments, which are permitted, are limited to those which serve the daily needs of nearby residents.
Permitted uses
Include but are not limited to:
Religious facility
Gas station
Bank
Laundromat
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Office
Public service
Death related/funeral home
Property details
Parking
Parking Information
Asphalt Driveway, Paved Parking
Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Unfinished
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $71,200
Insurance Expense: $900
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Assessor
Building Information
# of Units (Total): 2
Construction Materials: Frame, Aluminum Siding
Other Structures: Above Grade, Below Grade
Roof: Shingle
Structure Type: Detached
Exterior Information
Exterior Lighting, Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Tidal Water: No
Land Information
Land Assessed Value: $53,100
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: $1,040
County Tax: $952
School Tax: $3,264
Tax Assessed Value: $124,300
Tax Year: 2020
Tax Annual Amount: $5,256
Assessments Information
Year Assessed: 2020
Lease Information
Existing Lease Type: Month to Month
Utilities
Utilities Information
Baseboard - Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Cable TV, Electric Available
Water Source: Public
Municipal Trash: Yes
Location
Multi Unit Information
# of Two Bedroom Units: 1
# of Three Bedroom Units: 1
# of Units Leased: 3
Units Furnished: None
Other Units: Unit 1
Vacancy Allowance Rate: 5.00
Gross Scheduled Income: $25,850
Net Operating Income: $20,000
Income Includes: Apartment Rentals
School Information
School District Name: WILSON
School District Source: Listing Agent
Location Information
Cross Street: Hull
Directions: West on Penn Ave into Sinking Spring on left, parking in rear
Municipality: SINKING SPRING BORO
Public facts
Beds: —
Baths: —
Sq. Ft.: 5,222
Stories: 1.0
Lot Size: 8,276 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Berks County
APN: 79438609153812
Home facts updated by county records on May 7, 2023
Around this home
Schools
Green Valley El School
Public K-5 • Assigned • 1.3mi
4/10
Wilson West Middle School
Public 6-8 • Assigned • 1.5mi
8/10
Wilson High School
Public 9-12 • Assigned • 1.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Sinking Spring, PA • 19608
Average low and high temperatures (°F)
32
20
37
24
56
36
64
45
70
53
80
63
85
69
79
60
76
58
66
46
53
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$706,000 – $855,000
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