1310 Mount Laurel Road

Closed 11/8/17

Last Sold Price

$215,000

1310 Mount Laurel Rd, Temple, PA 19560

Description

Rare opportunity to purchase a 4 unit apartment building with 5 rental garages and the ability to pursue adding 2 more apartments and rent the 6th "owners garage". Room to increase rents in both the apartments and the garages. This is not a typical house cut into apartments; but, rather an adaptive re-use of a prior concrete block building. Property is currently zoned R-3 and considered an approved non-conforming use. All apartments have w/d hookups. Two of the 925 sq.ft. 2b/1b units have electric...Rare opportunity to purchase a 4 unit apartment building with 5 rental garages and the ability to pursue adding 2 more apartments and rent the 6th "owners garage". Room to increase rents in both the apartments and the garages. This is not a typical house cut into apartments; but, rather an adaptive re-use of a prior concrete block building. Property is currently zoned R-3 and considered an approved non-conforming use. All apartments have w/d hookups. Two of the 925 sq.ft. 2b/1b units have electric heat and a/c (mini-splits) and electric hot water. The electric is individually metered in these 2 apartments and paid by the tenant's. The smaller 2b/1b and the 1b/1b are currently on an owners meter (electric is paid by owner)and they share a natural gas furnace for heat and hot water (also paid by owner). The electric and gas could be individually metered for both of these apartments. The property is served by natural gas and public water/sewer. The 2nd story of the eastern side of the building is currently an open unfinished area well suited for the addition of 2 more apartments. There is a small separately deeded vacant lot to the east of the building (1312 Mt. Laurel Rd) that is included with the sale.

LISTING CLOSED: 11/08/2017 12:00 AM

Listed by Zachary Moore • Beckham & Pierce, Inc
P: (484)-256-5136 zmoore@beckhampierce.com

Property Details for 1310 Mount Laurel Road

Status

Closed

MLS #

1004080569

Days on Market

Taxes

$4,785 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

1936

Lot Size

0.42 AC / 18,295 SF

County

Berks County

Tax ID Number

66-5319-05-17-4712

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Other

Style

Other

Waterfront

Garage

Subdivision

TEMPLE

Subdivision

TEMPLE (BERKS PA)

Cross Street

MT. VERNON AVE

Municipality

MUHLENBERG TWP

Total Parking Spaces

Central Air

Basement

New Construction

Property Condition

Below Average

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Location

Listing Courtesy of Beckham & Pierce, Inc

Sold By Century 21 Gold

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Building Information for 1310 Mount Laurel Road

Stories-Residences-Year Built1936Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

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$1,492 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,093

Property Taxes

$399

HOA Dues

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Property Information for 1310 Mount Laurel Road

Location

School District Name: MUHLENBERG
School District County ID: 300200397508

High School: MUHLENBERG (BERKS PA)
County: BERKS
MLS Area: Muhlenberg Twp (10266)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2017
Tax Assessed Value: $115,500

Improvement Assessed Value: $94,100
Land Assessed Value: $21,400
Land Use Code: 4263
Zoning: R-3
Tax Lot: 4712

Lease Information

Concessions: No

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 1

Two Bedroom Units Count: 3
Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Rooms

Room List: Primary Bedroom

Financial Information

Expenses

Insurance Expense: $1,500
Maintenance Expense: $2,300

Water Sewer Expense: $3,200
Annual Heating Expense: $1,175
Electric Expense: $1,500
Other Expense: $200
Annual Gross Expense: $14,660

Financial Information

Gross Income: $37,500

Building Info

Construction Materials: Other
Roof: Shingle

Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3005/3222/9633/300532229633_512_384_WM_H9MnaN_vXN3DOCc3.jpg
Foundation Details: Brick/Mortar

Lot / Land Information

Lot Size Dimensions: 165 X 150
Sign On Property: No

Parcel ID: 1548090

Parking

Type Of Parking: Other
Total Non-Garage Parking Spaces: 5

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: Hookup

Exterior Features

Pool: No Pool

Utilities

Heating: Yes
Cooling: Yes

Cooling Type: Wall Unit
Heating Type: Gas, Electric
Heating Fuel: Natural Gas, Electric
Hot Water: Other
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: None chosen (Non-REALTOR/Stockholder)
List Agent URL: www.BeckhamPierce.com

Property History for 1310 Mount Laurel Road

Date	Event & Source	Price	Appreciation
Nov 8, 2017	Closed BRIGHT #1004080569	$215,000	—
Oct 8, 2017	Pending BRIGHT #1004080569		—
Oct 4, 2017	Listed (Active) BRIGHT #1004080569	$250,000	—

Date	Event & Source	Price
11/08/2017	Closed BRIGHT #1004080569	$215,000
10/08/2017	Pending BRIGHT #1004080569	—
10/04/2017	Listed (Active) BRIGHT #1004080569	$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1310 Mount Laurel Road

Taxable ValueLand$21,400Additions$94,100Total$115,500

Tax Record2026$1,734 ($144 / month)

Home Facts

Total Finished SqFt10,776 SqFtAbove Grade Finished SqFt10,776 SqFtStories2Lot Size18,295 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936CountyBERKSAPN66531905174712

Schools near 1310 Mount Laurel Road

This home is within Muhlenberg School District.


Rating	School	Type	Grades	Distance
3/10	Muhlenberg El Center	Public - Serves this home	K to 3	1.2 mi
4/10	C E Cole Intermediate School	Public - Serves this home	4 to 6	1.3 mi
3/10	Muhlenberg Middle School	Public - Serves this home	7 to 9	1.6 mi
3/10	Muhlenberg High School	Public - Serves this home	10 to 12	1.4 mi
NR	Kidspeace Advances Program School	Private - Nearby school	1 to 12	0.7 mi


Rating	School	Distance
3/10	Muhlenberg El Center PublicK to 3 Serves this home	1.2 mi
4/10	C E Cole Intermediate School Public4 to 6 Serves this home	1.3 mi
3/10	Muhlenberg Middle School Public7 to 9 Serves this home	1.6 mi
3/10	Muhlenberg High School Public10 to 12 Serves this home	1.4 mi
NR	Kidspeace Advances Program School Private1 to 12 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1310 Mount Laurel Road, Temple, PA 19560	$215,000	–	–	–	18,295
1312 Mount Laurel Road, Temple, PA 19560	–	–	–	–	5,227
1314 Mount Laurel Road, Temple, PA 19560	$73,900	4	1	1,290	12,196
1306 Mount Laurel Road, Temple, PA 19560	$210,000	4	3	2,207	7,405
1315 Mount Laurel Road, Temple, PA 19560	$125,000	3	1	1,292	8,276
1303 Mount Laurel Road, Temple, PA 19560	$289,900	3	2	1,497	18,295
1316 Mount Laurel Road, Temple, PA 19560	$142,000	3	2	1,405	13,068
1311 Beaumont Avenue, Temple, PA 19560	$51,900	5	2	1,278	22,216
4900 Mt Vernon Avenue, Temple, PA 19560	–	3	1	1,240	10,890
4882 Mt Vernon Avenue, Temple, PA 19560	$230,000	3	3	1,464	3,484
1325 Mount Laurel Road, Temple, PA 19560	$205,000	3	3	–	6,970
1317 Beaumont Avenue, Temple, PA 19560	–	3	1	1,494	15,682
1315 Beaumont Avenue, Temple, PA 19560	$40,000	–	2	1,568	10,454
1318 Mount Laurel Road, Temple, PA 19560	$110,400	3	2	1,592	12,632
1314 Rising Sun Avenue, Temple, PA 19560	–	2	2	1,737	14,375
1301 Beaumont Avenue, Temple, PA 19560	–	2	2	1,296	12,632

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Listing Courtesy of Beckham & Pierce, Inc

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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