1873 Tollgate Road























Description
Welcome to this well-maintained and updated 3-unit apartment building, a perfect addition to your investment portfolio or an ideal property for owner-occupants seeking rental income. Located on a quite road, this property offers a mix of modern updates and classic charm. Property Features:
First-Floor Unit: Spacious 3-bedroom, 1-bath layout updated in 2021 with modern finishes, making it an inviting space for tenants. Second-Floor Unit...Prime Investment Opportunity: Updated 3-Unit Apartment Building
Welcome to this well-maintained and updated 3-unit apartment building, a perfect addition to your investment portfolio or an ideal property for owner-occupants seeking rental income. Located on a quite road, this property offers a mix of modern updates and classic charm. Property Features:
First-Floor Unit: Spacious 3-bedroom, 1-bath layout updated in 2021 with modern finishes, making it an inviting space for tenants. Second-Floor Unit A (Front): Renovated in 2023, this 2-bedroom, 1-bath unit boasts contemporary upgrades and a stylish interior. Second-Floor Unit B (Rear): Updated in 2018, this 2-bedroom, 1-bath unit features a cozy yet functional design, perfect for tenants seeking comfort. Major Updates:
New Roof: Installed in 2024, ensuring long-term durability and peace of mind. New Windows: Replaced throughout the building in 2021, enhancing energy efficiency and curb appeal. This property offers solid rental income potential with minimal maintenance required thanks to its recent updates. Whether you're a seasoned investor or a first-time buyer, this turnkey building is ready to deliver value. Schedule your showing today to explore the possibilities with this fantastic 3-unit apartment building!
- Listed by: Nathanael J. Boykin 215.767.4881 nate.boykin@exprealty.com • EXP Realty LLC
Recent comparable sales
Median sold price
$360,000
Avg days on market
79
Sale-to-list ratio
92.5%
Palm, PA
9 comparable properties found
Location
Sold By House & Land Real Estate
Payment Calculator
$3,047 per month
30 year fixed, 6.71% Interest
$2,093
$354
$600
Property Information for 1873 Tollgate Road
- Taxes: $4,250 / year
- Condo/Co-op Fees: $300 semi-monthly
- MLS Type: Residential Income / Apartment / Detached
- County: Berks County
- Senior Community: No
- Subdivision Name: Not in Development
- Building/Complex: 1873 Tollgate Rd
- Stories: 2
- Year Built: 1970
- Country Subdivision: 42011
- Directions: Route 663 West to 29 North left on Tollgate Rd.
- Latitude: 40.428912
- Longitude: -75.547934
- MLS Area Major: Other PA Counties
- Zoning: 136 Res: 2-4 Fam
- Parcel Number: 6410-01-26-8881
- Tax Annual Amount: $4,250
- Tax Assessed Value: $112,800
- Elementary School District: Not Applicable
- High School District: Not Applicable
- Middle Or Junior School District: Not Applicable
- Parking Total: 8.0
- Living Area: 2880.0
- Lot Size Acres: 0.57
- Lot Size Area: 24829.0
- Lot Size Square Feet: 24829.0
- Property Attached: No
- Year Built: 1970
- Year Built Details: Unknown
- Bathrooms Full: 3
- Bathrooms Total Integer: 3
- Bedrooms Total: 7
- Cooling: Yes
- Heating: Yes
- Stories: 2
- Stories Total: 2
- Human Modified: Yes
- Number Of Units Total: 3
- Electric Expense: $.00
- Fuel Expense: $.00
- Gardener Expense: $200.00
- Gross Income: $48,000
- Insurance Expense: $1,200.00
- Maintenance Expense: $300.00
- Net Operating Income: $43,810
- Operating Expense: $4,190.00
- Other Expense: $.00
- Professional Management Expense: $.00
- Trash Expense: $120.00
- Water Sewer Expense: $350.00
- Unit Type Actual Rent: $1,200.00
- Unit Type Actual Rent Range: 1200.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Description: 2nd Floor Front Apartment
- Unit Type Occupant Type: Occupied
- Unit Type Total Rent: $1,200.00
- Unit Type Unit Num: 3
- Unit Type Total Rent: $2.00
- Unit Type Actual Rent Range: 1
- Unit Type Area: 3.0
- Unit Type Area Units: 1st Floor
- Unit Type Pet Deposit Per Pet: Yes
Property History for 1873 Tollgate Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 18, 2025 | Closed GLVRMLS #749984 | $405,000 | — |
| Mar 10, 2025 | Closed (Public Record) Public Record #1553483427 | $405,000 | +33.5% / yr |
| Jan 10, 2025 | Pending GLVRMLS #749984 | — | |
| Dec 27, 2024 | Listed (Active) GLVRMLS #749984 | $398,500 | — |
| Dec 7, 2021 | Closed (Public Record) Public Record #1478959788 | $158,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/18/2025 | Closed GLVRMLS #749984 | $405,000 |
| 03/10/2025 | Closed (Public Record) Public Record #1553483427 | $405,000 +33.5% / yr |
| 01/10/2025 | Pending GLVRMLS #749984 | — |
| 12/27/2024 | Listed (Active) GLVRMLS #749984 | $398,500 |
| 12/07/2021 | Closed (Public Record) Public Record #1478959788 | $158,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1873 Tollgate Road
Schools near 1873 Tollgate Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 4 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 3 |
Rating | School | Distance |
|---|---|---|
Upper Perkiomen 4th and 5th Grade Center Public4 to 5 | ||
Upper Perkiomen Middle School Public6 to 8 | ||
Upper Perkiomen High School Public9 to 12 | ||
Hereford El School PublicK to 3 |
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.
Similar Homes
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 1873 Tollgate Road, Palm, PA 18070 | $405,000 | 7 | 3 | 2,880 | 24,829 |
– | – | – | 1,644 | – | |
– | 5 | 3 | 3,350 | 113,256 | |
$209,000 | 2 | 2 | 1,818 | 71,874 | |
$259,000 | 3 | 1 | 1,296 | 27,878 | |
$110,000 | 3 | 2 | 1,248 | 25,000 | |
$350,000 | 3 | 2 | 1,272 | 66,647 | |
– | – | – | 2,800 | – | |
– | 3 | 1 | 720 | 26,572 | |
$2,950,000 | – | – | 85,772 | – | |
– | 3 | 2 | 1,220 | 28,314 | |
$180,000 | 2 | 2 | 672 | 27,878 | |
$200,000 | 3 | 1 | 1,481 | 119,790 | |
$235,000 | – | – | – | 276,606 | |
$425,000 | – | – | 9,092 | – | |
$288,000 | 3 | 1 | 1,481 | 119,790 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXP Realty LLC
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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