400 N Main Street, Bernville, PA 19506 - MLS PABK377816

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This is an incredible, suburban, income-producing NINE (9!) unit property with a 14 car parking lot and a HUGE shed/barn-like structure (38x40) that is not currently rented (but could be for additional income). Also note, each unit has a storage locker in the basement, which is included in the monthly rent (again, these lockers could be income sources should the new landlord want to charge for them). Each unit also has a washer and dryer hookup (appliances are tenant-owned) in the basement. There are separate electric meters and hot water heaters for each unit (tenant pays electric and cable). The roof was replaced in 2019 and the two cast-iron boilers are only 8 years old. Gross operating income is $93,600/A. Expenses run approximately $36,000/A, including taxes, insurance, trash, water/sewer, cleaning/maintenance, credit checks, permits/fees, repairs, and utilities (oil & owner's electrical meter. Cap rate 8% with loads of potential for even higher ROI.

Berkshire Hathaway HomeServices
Homesale Realty

cam@homesale.com

800.383.3535

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property details

Type

Townhouse

Status

Closed

County

BERKS

Year Built

1900

Beds

Lot Size

14,810 Sq. Ft., 0.3 acres

Listing Id

PABK377816

Courtesy Of

Heather Christie - BHHS Homesale Realty- Reading Berks +1 484-332-0839

List Office Phone

+1 (610) 372-3200

Exterior Features

Parking Spaces

Utility & Building Info

Sewer

Public Sewer

Parcel Number

1479987

Cooling

None

Water Source

Public Water

Heating

Electric Heating
Oil
Baseboard

Tax Amount

5861

Architectural Style

Colonial

BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.

Price History

date	event	price	source
05/23/2021 05/23/2021	Pending	$695,000	Bright MLS (MDBMLS-R)
05/18/2021 05/18/2021	Active	$695,000	Bright MLS (MDBMLS-R)

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400 N Main Street Bernville, PA 19506

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