305 Kennedy Avenue

Mertztown, PA 19539

$188,000
Last Sold Price
Beds
1,880 Sq. Ft.
$100 / Sq. Ft.
1,880
Sq. Ft.
$100
per Sq. Ft.

Description

Looking for an investment opportunity? Consider this 3 unit apartment building with a net yearly income of approximately $16,000 . This property is fully occupied with lease secured tenants and has been maintianed by the current landlord with recently replaced windows throughout, and updated bathrooms. All tenants pay all of their own utilities, keeping the landlord expenses low. With a shortage of rentals in the area this building has a very strong occupancy rate. Located in the quaint railroad...Looking for an investment opportunity? Consider this 3 unit apartment building with a net yearly income of approximately $16,000 . This property is fully occupied with lease secured tenants and has been maintianed by the current landlord with recently replaced windows throughout, and updated bathrooms. All tenants pay all of their own utilities, keeping the landlord expenses low. With a shortage of rentals in the area this building has a very strong occupancy rate. Located in the quaint railroad village of Shamrock, in Longswamp Township, just west of the Lehigh Valley.
  1. Listed by Alane Falcone • AMF Real Estate Services
    P: 6109149509 alanefalcone@gmail.com

Property Details for 305 Kennedy Avenue

Tax ID Number
59-5483-03-42-3827
Ownership
Fee Simple
Structure Type
Detached
Style
Raised Ranch/Rambler
Waterfront
No
Garage
No
Municipality
LONGSWAMP TWP
Central Air
No

Location

Listing Courtesy of AMF Real Estate Services

Sold By AMF Real Estate Services

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LISTING UPDATED: 07/01/2022 12:16 AM

Property Details for 305 Kennedy Avenue

StatusClosed
MLS #PABK2015452
Days on Market33
Taxes$3,730 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.18 AC / 7,840 SF
CountyBerks County

Location

Listing Courtesy of AMF Real Estate Services

Sold By AMF Real Estate Services

Add your commute

Building Information for 305 Kennedy Avenue

Stories-Residences3Year Built1950Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$1,337 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,026

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 305 Kennedy Avenue

Location
Location
  • School District Name: BRANDYWINE HEIGHTS AREA
  • School District County ID: 300200397309
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Longswamp Twp (10259)
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: 2021
  • Tax Assessed Value: $83,000
  • County Tax: $636
  • Improvement Assessed Value: $41,700
  • City Town Tax: $266
  • Land Assessed Value: $41,300
  • Clean Green Assessed: No
  • Land Use Code: 122
  • Zoning: RESI
  • Tax Lot: 3827
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Real Estate, Insurance, Common Area Maintenance
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
Financial Information
Expenses
  • Operating Expense: $5,664
  • Operating Expense Includes: Insurance
  • Insurance Expense: $1,434
  • Maintenance Expense: $500
Financial Information
  • Gross Income: $22,392
  • Net Operating Income: $17,928
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 1,880.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner, Rear Yard
  • Parcel ID: 1532242
Parking
Parking
  • Type Of Parking: Off Site
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: No Stairs
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office

Property History for 305 Kennedy Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 305 Kennedy Avenue

Taxable ValueLand$41,300Additions$41,700Total$83,000
Tax Record2023$3,844 ($320 / month)
Home Facts
Baths3Total Finished SqFt1,880 SqFtAbove Grade Finished SqFt1,880 SqFtStories1Lot Size7,841 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950CountyBERKSAPN5483-03-42-3827

Schools near 305 Kennedy Avenue

This home is within Brandywine Heights Area School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Brandywine Heights Elementary School
PublicK to 3

Brandywine Heights Intrmd/Ms
Public4 to 8

Brandywine Heights 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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of AMF Real Estate Services

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.