148 East Spring Street
148 East Spring Street
$365,000
—
3,881
3,881
$94
Closed 7/31/20
Description
Wow! Here's a great 5-unit investment opportunity with a low-maintenance building exteriors. You could also live in the front, detached dwelling and then have your own 4-unit apartment building to the rear! This property consists of two buildings, one of which has a 4 BR Cape Cod dwelling and the other building consisting of two (2) - 1 BR apartments and two (2) - 2 BR apartments. Rents are Cape Cod #1 @ $850/month; #2 @ $725/month; #3 @ $525/month; #4 @ $625/month; and #5 @ $725/month. These rents...Wow! Here's a great 5-unit investment opportunity with a low-maintenance building exteriors. You could also live in the front, detached dwelling and then have your own 4-unit apartment building to the rear! This property consists of two buildings, one of which has a 4 BR Cape Cod dwelling and the other building consisting of two (2) - 1 BR apartments and two (2) - 2 BR apartments. Rents are Cape Cod #1 @ $850/month; #2 @ $725/month; #3 @ $525/month; #4 @ $625/month; and #5 @ $725/month. These rents are below market value, so there's room to grow with the possible projected rents: Cape Cod #1 @ $1,195/month; #2 @ $795/month; #3 @ $650/month; #4 @ $695/month; and #5 @ $795/month. Four of the five tenants are long-term making this a solid investment. Tenants take care of lawn maintenance and snow removal. Owner pays sewer, trash, electric for lighting and well pump. All roofing has recently been replaced in 2020, with GAF lifetime shingles. Multi-unit, income-producing properties are very hard-to-find anymore, so this property will go fast! NOTE - Seller is a PA licensed real estate agent and is also the listing agent for this property. Overall condition is Excellent. Each person MUST complete, sign, and forward the COVID-PAN and COVID-HAS forms to the listing office, prior to entering the property. All showings MUST follow COVID-19 guidelines. No more than three (3) persons total, one of which is the agent, are permitted in the property at a time. It is mandatory that masks MUST be worn by every person entering the property. Thank you.
- Listed by Kyle E Gery • Brumbach Associates-BoyertownP: 6103670660 kubota7610@hotmail.com
Property Details for 148 East Spring Street
Tax ID Number
26-5398-09-15-0927
OwnershipFee Simple
HOANo
Structure TypeOther
StyleCape Cod, Traditional
WaterfrontNo
GarageNo
MunicipalityBECHTELSVILLE BORO
Location
LISTING UPDATED: 01/14/2022 11:51 AM
Property Details for 148 East Spring Street
Status | Closed |
---|---|
MLS # | PABK356086 |
Days on Market | 105 |
Taxes | $5,496 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1945 |
Lot Size | 0.15 AC / 6,534 SF |
County | Berks County |
Location
Building Information for 148 East Spring Street
Stories-Residences4Year Built1945Building Size-Lot Size0.15 AC / 6,534 SF
Payment Calculator
$2,450 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 148 East Spring Street
Property History for 148 East Spring Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 148 East Spring Street
Taxable ValueLand$46,300Additions$87,800Total$134,100
Tax Record2023$5,884 ($490 / month)
Home Facts
Beds3Baths5Total Finished SqFt1,481 SqFtAbove Grade Finished SqFt1,481 SqFtStories1Lot Size6,534 SqFtStyleSingle Family ResidenceYear Built1945CountyBERKSAPN5398-09-15-0927
Schools near 148 East Spring Street
This home is within Boyertown Area School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | PK to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Washington El School PublicPK to 5 | ||
Boyertown Area Jhs-West Public6 to 8 | ||
Boyertown Area Senior High School PublicPK to 12 | ||
Colebrookdale El School PublicPK to 5 |
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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