Sold
Last Sold Price
7 beds2,880 sqft$141/sqft
1873 Tollgate Rd, Palm, PA 18070
Multi FamilyProperty Type
0.57 acresLot Size
1970Year Built
$141/sq ftPrice per sq ft
8 carsParking Spaces

Description

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
...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
Listing closed: 03/18/2025 12:00 AM • Source: GLVRMLS, MLS#: 749984

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

a view of a house with a yard
1/37
1

$486,000

Sold 10/30/25

3
Bedrooms
2,390
Square Feet
1.07
Acres
a front view of a house with a yard and garage
1/56
2

$360,000

Sold 01/23/26

3
Bedrooms
2,327
Square Feet
0.64
Acres
an aerial view of a house with yard swimming pool and outdoor seating
1/75
3

$730,000

Sold 03/12/26

5
Bedrooms
3,000
Square Feet
6.39
Acres
a front view of a house with a yard covered with snow
1/50
4

$625,000

Sold 04/17/26

5
Bedrooms
2,844
Square Feet
4.3
Acres
5

$350,000

Sold 11/27/24

3
Bedrooms
2
Bathrooms
1,512
Square Feet
0.85
Acres
$315,000 | 993 Gravel Pike, Palm, PA 18070
1/51
6

$315,000

Sold 07/31/26

4
Bedrooms
1,272
Square Feet
0.3
Acres
7

$200,000

Sold 11/25/25

5
Bedrooms
2
Bathrooms
2,120
Square Feet
0.25
Acres
8

$450,000

Sold 03/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
8,686
Square Feet
Unavailable
Acres
9

$350,000

Sold 02/27/26

3
Bedrooms
1,560
Square Feet
0.60
Acres

Location

Listing Courtesy of EXP Realty LLC

Sold By House & Land Real Estate

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,047 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,093

Property Taxes

$354

HOA Dues

$600

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1873 Tollgate Road

Property Details
  • 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 Information
  • Building/Complex: 1873 Tollgate Rd
  • Stories: 2
  • Year Built: 1970
Summary
Location and General Information
  • 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
Taxes and HOA
  • Parcel Number: 6410-01-26-8881
  • Tax Annual Amount: $4,250
  • Tax Assessed Value: $112,800
School Information
  • Elementary School District: Not Applicable
  • High School District: Not Applicable
  • Middle Or Junior School District: Not Applicable
Parking
  • Parking Total: 8.0
Property
Lot Information
  • Living Area: 2880.0
  • Lot Size Acres: 0.57
  • Lot Size Area: 24829.0
  • Lot Size Square Feet: 24829.0
  • Property Attached: No
Property and Assessments
  • Year Built: 1970
  • Year Built Details: Unknown
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7
  • Cooling: Yes
  • Heating: Yes
  • Stories: 2
  • Stories Total: 2
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 3
Income & Expenses
  • 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 Information
Unit 1
  • 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 2
  • Unit Type Total Rent: $2.00
Unit 3
  • 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

DateEvent & SourcePriceAppreciation
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

DateEvent & SourcePrice
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

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

Public Records for 1873 Tollgate Road

Taxable ValueLand$43,100Additions$69,700Total$112,800
Tax Record2026$1,214 ($101 / month)
Home Facts
Baths3Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size24,829 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970Year Renovated1970CountyBERKSAPN52-6410-01-26-8881

Schools near 1873 Tollgate Road

This home is within Upper Perkiomen School District.
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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1873 Tollgate Road, Palm, PA 18070
$405,000
7
2,880
24,829
1,644
5
3,350
113,256
$209,000
2
2
1,818
71,874
$259,000
3
1,296
27,878
$110,000
3
1,248
25,000

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.