805 State Street

    Hamburg, PA 19526
    • $850,000
    • STATUS: Active
    • ON SITE: 755 days
    • ID#: 6830085
    UPDATED: 42 min ago
    $850,000
    • 0
      BEDS
    • 1.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Information

    Middle School:
    High School:
    School District:
    Listing courtesy of Re/Max Of Reading.

    Description

    Investment Opportunity! Cap Rate 8%. Main building was completely rebuilt in 2002 (plans available) and provides two first floor commercial lease spaces and two second floor apartments, 2 bedrooms each. Ample parking with 39 spaces plus 2 special needs spaces for the commercial tenants. Fire-rated walls, emergency lighting, quality construction. The second building contains five 1-bedroom apartments, all occupied. Great return on investment!

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-14T14:57:43.567.
    www.scottkompa.com/homes/64875902

    805 State Street Hamburg, PA 19526

    • Price: $850,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 6830085
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.43
    Acres
    1935
    Built
    Neighborhood:
    None
    County:
    Berks
    Area:
    Hamburg Boro (10246)
    Middle School:
    Hamburg
    High School:
    Hamburg
    School District:
    Hamburg
    Property Description
    Investment Opportunity! Cap Rate 8%. Main building was completely rebuilt in 2002 (plans available) and provides two first floor commercial lease spaces and two second floor apartments, 2 bedrooms each. Ample parking with 39 spaces plus 2 special needs spaces for the commercial tenants. Fire-rated walls, emergency lighting, quality construction. The second building contains five 1-bedroom apartments, all occupied. Great return on investment!
    Exterior Features

    Design Other Exterior Vinyl SidingStucco Exterior Features Street Lights Foundation Concrete Garage No Garage Spaces No Garage Lot Dimensions Irreg Parking 8+CarparkingParking LotPrivateShared Driveway Roof Pitched RoofShingle Roof Storage Basement Water Front No

    Interior Features

    Basement Yes Basement Type FullPartial Finished Central Air Yes Cooling Central A/CWall Unit Entrance PrivateentrCommonentrSecuredentrKeyedentr Floor Fully CarpetedVinylTile/Brick Handicap None Heating PropaneForced AirZoned Hot Water Electric Interior Features Ceiling Fan(s)WindowtrmtsStore/Office Laundry Type No Laundry One Bedroom Units 5 Two Bedroom Units 2 Unit Eight Baths 0 Unit Eight Bedrooms 0 Unit Eight Partial Baths 1 Unit Five Baths 1 Unit Five Bedrooms 1 Unit Five Partial Baths 0 Unit Five Rooms 2 Unit Four Baths 1 Unit Four Bedrooms 1 Unit Four Partial Baths 0 Unit Four Rooms 2 Unit Nine Baths 2 Unit Nine Bedrooms 0 Unit Nine Partial Baths 1 Unit One Baths 1 Unit One Bedrooms 1 Unit One Partial Baths 0 Unit One Rooms 2 Unit Seven Baths 1 Unit Seven Bedrooms 2 Unit Seven Partial Baths 0 Unit Seven Rooms 3 Unit Six Baths 1 Unit Six Bedrooms 2 Unit Six Partial Baths 0 Unit Six Rooms 3 Unit Three Baths 1 Unit Three Bedrooms 1 Unit Three Partial Baths 0 Unit Three Rooms 2 Unit Two Baths 1 Unit Two Bedrooms 1 Unit Two Partial Baths 0 Unit Two Rooms 2

    Property Features

    Annual Gross Expense 21792.0 Annual Gross Income 92700.0 Annual Insurance Expense 3154.0 Annual Maintanance Expense 2000.0 Annual Other Expense 924.0 Annual Water Sewer Expense 2400.0 Cross Street Franklin St Current Financing Conventional Electric Service 100-150Ampel200-300AmpelCircuit Breakers Land Use Code Mixe Lot Number 4744 New Construction No Property Condition Average+Prop Sewer Septic Public Sewer Tax Year 2018 Total Assessment 312400.0 Total Taxes 13314.0 Type Multibldgs Unit Eight Monthly Rent 1600.0 Unit Eight Occupied Yes Unit Five Monthly Rent 575.0 Unit Five Occupied Yes Unit Four Monthly Rent 575.0 Unit Four Occupied Yes Unit Nine Monthly Rent 1600.0 Unit Nine Occupied No Unit One Monthly Rent 575.0 Unit One Occupied Yes Unit Seven Monthly Rent 850.0 Unit Seven Occupied Yes Unit Six Monthly Rent 850.0 Unit Six Occupied Yes Unit Three Monthly Rent 575.0 Unit Three Occupied Yes Unit Two Monthly Rent 575.0 Unit Two Occupied Yes Water Public Zoning Code Vc



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-14T14:57:43.567.
     
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    Listing courtesy of Re/Max Of Reading.