Property Attributes
- MLS#PAMF2028644
- TypePending
- CountyMIFFLIN
- CityReedsville
- AreaBrown Twp
- Zip17084
- StyleTraditional
- Year Built1940
- Taxes$ 2935
- Price$ 289,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,841 SqFt
Data Source:
Bright MLS
Property Description
Nestled in the heart of Downtown Reedsville, this well maintained property presents a rare investment opportunity with multiple income streams. Boasting a versatile layout, the property features a spacious 3-bedroom/2-bathroom house, two charming one-bedroom apartments, and a generous six-car garage. The house commands a rental income of $925 per month, offering comfortable living spaces and modern amenities. Each one-bedroom apartment is currently leased at $675 per month, providing consistent rental yields. Additionally, the expansive garage, currently utilized by the owners, offers the potential for an additional $400 per month in rental income. Situated in Downtown Reedsville, tenants enjoy easy access to local amenities, churches, parks, restaurants and shops. The property has been well maintained, ensuring a hassle-free ownership experience and attracting quality, long-term tenants. New owners will benefit from stable rental income and capitalize on the growing demand for rental properties in the vibrant Reedsville community. With strategic upgrades and market trends favoring urban living, there's potential for property appreciation over time. Whether you're a seasoned investor or a first-time buyer, this turnkey property offers a seamless investment opportunity with minimal effort required. Don't miss out on this exceptional investment opportunity in Downtown Reedsville. Schedule a viewing today and secure your foothold in this thriving real estate market! Property is in flood zone. Owner is PA Licensed Real Estate Salesperson.
Price History | |
---|---|
4/23/2024 | Listed $289,000 |
General Features
Interior Features | Attic,Breakfast Area,Carpet,Ceiling Fan(s),Dining Area,Formal/Separate Dining Room,Floor Plan - Traditional,Tub Shower,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Baseboard - Electric,Hot Water |
Cooling | Ceiling Fan(s),Wall Unit,Window Unit(s) |
Utilities | Cable TV Available,Phone Available,Water Available |
Possession | Settlement |
Appliances | Microwave,Oven/Range - Electric,Refrigerator |
Zoning | RESIDENTIAL |
Pool Y/N | No Pool |
Patio/Porch Features | Porch(es) |
Architectural Style | Traditional |
Security Features | Smoke Detector |
Construction Materials | Aluminum Siding |
Exclusions | Tenants personal items |
Year Built | 1940 |
Electric | 200+ Amp Service,100 Amp Service |
View | Street |
Property SubType | Other |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | None |
County | MIFFLIN |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | PENDING |
Directions | Hwy 322 to Reedsville Exit,turn left at traffic light,go straight through traffic light then bear right toward downtown Reedsville,turn left at traffic light onto Logan Street,travel two blocks to Pe |
ModificationTimestamp | 2024-05-02T15:58:52 |
City | REEDSVILLE |
Buyer Agent Compensation | 2 |
Disclosures | Agent has Financial Interest,Flood Zone,Owner RE Licensee |
Zoning Description | Village Center |
Total Units | 4 |
MLS Area | Brown Twp (156140) |
Lot Size Square Feet | 7841.00 |
Tax Assessed Value | 53000.0 |
Waterfront Y/N | No |
Number of Units Leased | 3 |
Street Name | PEARL |
Tax Annual Amount | 2935.0 |
Property Condition | Very Good |
Trash Expense | 720.00 |
Structure Type | Other |
One Bedroom Units Count | 2 |
Price Per Sq Ft | 215.67 |
Acceptable Financing | Cash,Conventional,FHA,VA |
Rent Control Y/N | No |
Vacation Rental Y/N | No |
Total SQFT | 2010 |
Days on Market | 11 |
Lease Type | Month to Month |
Standard Status | Pending |
Year Built Source | Assessor |
Total Actual Rent | 27300.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric,Oil |
---|---|
Flooring | Carpet,Laminate Plank,Vinyl |
Hot Water | Electric |
Furnished Units | None |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | STREET |
Central Air Y/N | No |
LivingAreaSource | Assessor |
Three Bedroom Units Count | 1 |
Exterior Features
Lot Features | Level,Rear Yard |
---|---|
Water Source | Public |
Inclusions | home - kitchen appliances. Apts - kitchen appliances,washers and dryers |
Type of Parking | Alley,On Street |
Land Use Code | 101 |
Foundation Details | Block,Crawl Space,Stone |
Spa | No |
Water View Y/N | No |
Lot Dimensions | 47.00 x 340.00 |
Lot Size Acres | 0.18 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Road Responsibility | Boro/Township |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool