3992 Penn Ave

Sinking Spring, PA 19608

$800,000
Last Sold Price
6
Beds
6
Baths
4,750 Sq. Ft.
$168 / Sq. Ft.
4,750
Sq. Ft.
$168
per Sq. Ft.
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Closed 4/30/10
Closed 4/30/10

Description

Great Investment - IN THE HEART OF SINKING SPRING! Fully Occupied - Over 4700 sq. ft. mixed use building with 6 apartments, 4 offices, a laundromat business - total of 11 units - computer only allows 9 to be listed (10th unit is apt. w/$575.rent, 11th unit is laundry - business. total rental income is $5,500 mo. plus business estimated at $1,750 month.) Laundry is over 800 sq. ft and 17 new washers. 2 new extra large capacity washers, 10 dryers, tenants pay heat & electric - can be a package deal...Great Investment - IN THE HEART OF SINKING SPRING! Fully Occupied - Over 4700 sq. ft. mixed use building with 6 apartments, 4 offices, a laundromat business - total of 11 units - computer only allows 9 to be listed (10th unit is apt. w/$575.rent, 11th unit is laundry - business. total rental income is $5,500 mo. plus business estimated at $1,750 month.) Laundry is over 800 sq. ft and 17 new washers. 2 new extra large capacity washers, 10 dryers, tenants pay heat & electric - can be a package deal w/mls# 5489607 for $1,175,000. w/cap rate at 10% - call listor for additional details. A large parking lot.
  1. Listed by David P Ray • BHHS Homesale Realty- Reading Berks
    P: (570)-385-3456 dray@homesale.com

Property Details for 3992 Penn Avenue

Tax ID Number
NOT AVAILABLE
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
LISTING CLOSED: 04/30/2010 12:00 AM

Property Details for 3992 Penn Avenue

StatusClosed
MLS #1005832818
Days on Market627
Taxes$12,593 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1983
Lot Size0.34 AC / 14,810 SF
CountyBerks County
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Location

Listing Courtesy of BHHS Homesale Realty- Reading Berks

Sold By Stout Associates Realtors

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Building Information for 3992 Penn Avenue

Stories-Residences-Year Built1983Building Size-Lot Size0.34 AC / 14,810 SF

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$5,116 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$1,049

HOA Dues

$0

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Property Information for 3992 Penn Avenue

Location
Location
  • School District Name: WILSON
  • School District County ID: 300200397305
  • County: BERKS
  • MLS Area: Sinking Spring Boro (10279)
Waterfront / Water Access
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
Taxes and Assessment
  • Tax Year: 2008
  • Tax Assessed Value: $0
  • Land Use Code: 4119
  • Zoning: MIXED
  • Tax Lot: 3861
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $7,500
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 6
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9
Rooms
Rooms
  • Room List: Primary Bedroom
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Unspecified
  • Room Exists: Yes
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: 12/10
  • Total Rooms: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 6/10
  • Total Rooms: 3
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 11/10
  • Total Rooms: 3
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: 9/10
  • Total Rooms: 1
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 2/10
  • Total Rooms: 3
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 4/10
  • Total Rooms: 3
Unit 7
  • Type: Unit 7
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 8/10
  • Total Rooms: 3
Unit 8
  • Type: Unit 8
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 1
  • Full Baths Count: 1
  • Unit Type Baths Total: 2
  • Unit Type Features: 11/10
  • Total Rooms: 3
Unit 9
  • Type: Unit 9
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: 9/10
  • Total Rooms: 1
Financial Information
Expenses
  • Insurance Expense: $1,500
  • Maintenance Expense: $0
  • Water Sewer Expense: $7,447
  • Annual Heating Expense: $1,605
  • Electric Expense: $2,047
  • Other Expense: $1,200
  • Annual Gross Expense: $26,392
Financial Information
  • Gross Income: $87,000
Building Info
Building Info
  • Total Finished SQFT: 4,750.00
  • Total SQFT: 4,750.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: IRR
  • Sign On Property: No
  • Parcel ID: 1566383
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: Has Laundry
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Heating Type: Gas
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 3992 Penn Avenue

DateEvent & SourcePriceAppreciation
Apr 30, 2010

Closed

BRIGHT #1005832818

$800,000—
Mar 13, 2010

Pending

BRIGHT #1005832818

—
Jun 26, 2008

Listed (Active)

BRIGHT #1005832818

$1,275,000—
DateEvent & SourcePrice
04/30/2010

Closed

BRIGHT #1005832818

$800,000
03/13/2010

Pending

BRIGHT #1005832818

—
06/26/2008

Listed (Active)

BRIGHT #1005832818

$1,275,000

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

Public Records for 3992 Penn Avenue

Taxable ValueLand$84,100Additions$318,400Total$402,500
Tax Record2026$7,400 ($617 / month)
Home Facts
Total Finished SqFt8,178 SqFtAbove Grade Finished SqFt8,178 SqFtStories2Lot Size14,375 SqFtStyleStoresYear Built1984CountyBERKSAPN79438609152738

Schools near 3992 Penn Avenue

This home is within Wilson School District.
Rating
School
Type
Grades
Distance
Whitfield El School
Public - K to 5
Wilson West Middle School
Public - 6 to 8
Wilson High School
Public - 9 to 12
Rating
School
Distance
Whitfield El School
PublicK to 5

Wilson West Middle School
Public6 to 8

Wilson High School
Public9 to 12

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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Listing Courtesy of BHHS Homesale Realty- Reading Berks

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.