$350,000
$350,000
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6,110 SqFt
SOLD DATE : 04/09/2021
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,110 sqft
Price per Sqft $57
MLS Listing ID PACT530294
Sold Date 04/09/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,560
Tax Year 2020
Lot Size 9,900 Sqft
Acres 0.23
Lot Dimensions 0.00 x 0.00
Property Description
5-Unit Apartment building in Honey Brook Borough. Single building consists of 3 - 2 BR / 1 BA units on the mail level, 1 - large, 2BR / 1 BA unit on the 2nd floor which could possibly be renovated into a 3BR and a 1BR efficiency on the 3rd floor. All unit's have their own utilities, are served by public water & sewer and are either gas fired, HW heat or electric baseboard. The property has an excellent rental history with some long-term tenants and most apartments rented at below market rates. With some minor renovation and capitol improvements, the new owner could increase revenue and add to what is already a great return on investment.
Location
State PA
County Chester
Area Honeybrook Boro (10312)
Zoning NR
Interior
Hot Water Electric
Heating Hot Water, Baseboard - Electric
Cooling None
Flooring Carpet, Laminated, Vinyl
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 4.0
Utilities Available Cable TV, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Fiberglass,Shingle,Metal
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township
Parking Type Driveway, On Street
Total Parking Spaces 4
Garage N
Building
Lot Description Level, SideYard(s)
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Honey Brook
Middle Schools Twin Valley
High Schools Twin Valley
School District Twin Valley
Others
Tax ID 12-02 -0095.0100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Thomas E Kern • RE/MAX Professional Realty
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