Listed By:
RE/MAX Patriots
Address
123 Water Street, East Berlin, PA
Price
$ 590,000
Property Attributes
  • MLS#PAAD2012004
  • TypeCommercial
  • CountyADAMS
  • CityEast Berlin
  • AreaEast Berlin Boro
  • NeighborhoodEast Berlin Borough
  • Zip17316
  • Style
  • Year Built1960
  • Taxes$ 5792
  • Price$ 590,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2240
  • Lot Size1.53 Acres
Data Source:
Bright MLS
Property Description

Looking to add to your investment portfolio? Look no further! Presenting a lucrative investment opportunity consisting of two distinct residential units within a single property. This offering comprises a well-maintained three-bedroom brick rancher and a duplex, both of which are presently occupied by tenants, ensuring immediate cash flow for investors. Stable tenancy reflects the desirability and reliability of the property, mitigating vacancy risks and offering a hassle-free investment opportunity. With a stable rental history, desirable location, and potential for long-term growth, this property portfolio represents a compelling investment proposition for discerning investors looking to capitalize on the lucrative rental market. The property enjoys proximity to essential amenities and convenient access to major transportation routes. Enhancing the accessibility and convenience for tenants, further bolstering the propertys appeal and long-term investment potential.

Price History
2/16/2024 Listed $590,000

General Features

Sewer Public Sewer
Heating Other
Cooling None
Possession Settlement
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1960
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Other
Accessibility None
County ADAMS
New Construction No
Property Type Commercial Sale
Subdivision Name EAST BERLIN BOROUGH
Water Access Y/N No
Status ACTIVE
Directions From PA-234W: R on Harrisburg St. L on Wagner Ave. L on Water St. House on L
ModificationTimestamp 2024-04-03T15:36:00
City EAST BERLIN
Buyer Agent Compensation 2.5
Total Units 3
MLS Area East Berlin Boro (14310)
Lot Size Square Feet 66647.00
Tax Assessed Value 303600.0
Waterfront Y/N No
Street Name WATER
Tax Annual Amount 5792.0
Price Per Sq Ft 263.39
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 75
Standard Status Active
Year Built Source Estimated
Tax Lot 0010
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Inclusions Rancher,Duplex,and Barn
Total Parking Spaces 4
Type of Parking Driveway
Land Use Code 101
Foundation Details Block
Water View Y/N No
Building Area Total 2240.00
Lot Size Acres 1.53
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 48000.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 17316

Price
AVG $740K
$590K
Taxes
AVG $9,714
$5,792
Visits
AVG 315
106
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1960

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