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    106 N Main Street

    TOPTON, PA 19562
    • $380,000
    • STATUS: Active
    • ON SITE: 235 days
    • ID#: PABK355320
    $380,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    Like New, this 4 unit apartment building has been completely rebuilt from the ground up and fully occupied since that time, 13 years ago. Within the original brick masonry exterior facade is the best residential apartment building you will find in the area. Quality materials and craftsmanship throughout, including hardwood & marble flooring, and full sized oak & cherry kitchen cabinetry , all professionally installed. This is of great benefit to the next owner as a truly turn-key investment with low maintenance and low vacancies! All units are 1 bedroom with one studio and 3 spacious full sized units. Each unit has completely separate systems (electric heat pumps with central A/C, water meters, electric meters, etc.) including a full building sprinkler system and basement dehumidification system. Onsite shared laundry room adds convenience for the occupants and brings in additional cash income. There is also an asphalt parking lot which can accommodate 8 cars just outside the apartments. This property can be financed as a commerical investment or through a conventional residential mortgage as an owner occupied residences. Great location, Near Kutztown University and just west of the Lehigh Valley!

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. 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. Data last updated: 2020-10-25T23:49:39.237.
    www.forcenj.com/homes/103844124
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    106 N Main Street TOPTON, PA 19562

    • Price: $380,000
    • Status: Active
    • ID#: PABK355320
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1900
    Built
    Neighborhood:
    Topton Boro (10285)
    County:
    Berks
    Area:
    Topton Boro (10285)
    School District:
    Brandywine Heights Area
    Property Description
    Like New, this 4 unit apartment building has been completely rebuilt from the ground up and fully occupied since that time, 13 years ago. Within the original brick masonry exterior facade is the best residential apartment building you will find in the area. Quality materials and craftsmanship throughout, including hardwood & marble flooring, and full sized oak & cherry kitchen cabinetry , all professionally installed. This is of great benefit to the next owner as a truly turn-key investment with low maintenance and low vacancies! All units are 1 bedroom with one studio and 3 spacious full sized units. Each unit has completely separate systems (electric heat pumps with central A/C, water meters, electric meters, etc.) including a full building sprinkler system and basement dehumidification system. Onsite shared laundry room adds convenience for the occupants and brings in additional cash income. There is also an asphalt parking lot which can accommodate 8 cars just outside the apartments. This property can be financed as a commerical investment or through a conventional residential mortgage as an owner occupied residences. Great location, Near Kutztown University and just west of the Lehigh Valley!
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types Parking Lot Property Condition Good Riparian Rights YN No Roof Architectural ShingleRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2400.00 Cooling Central A/C Flooring HardwoodMarble Heating Hot Water Heating YN Yes Inclusions All Appliances Except Refrigerator in A Net Square Feet 2400.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 10409.00 Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street High St. Gross Income 36900.00 Heating Fuel Oil Hot Water Electric Incorporated City Name Topton Boro Insurance Expense 731.00 Maintenance Expense 1000.00 Navigable Water YN N Net Operating Income 26491.00 New Construction YN No Number Of Units Total 4 Operating Expense 10409.00 Operating Expense Includes InsuranceRepair/MaintenanceTrash Original MLSNumber 304049219356 Owner Pays Taxes - Real EstateTrash CollectionSnow Removal Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 6200.00 Tax Assessment Amount 125800.00 Tax Lot 2400 Total Actual Rent 36300.00 Trash Expense 1500.00 Vacation Rental YN No Water Source Public Year Built Effective 2005 Zoning Commercial

    Listing courtesy of Amf Real Estate Services.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. 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. Data last updated: 2020-10-25T23:49:39.237.
     
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    Nexthome Force Realty Partners
    36 Monmouth Street, Unit 2
    Shrewsbury NJ, 07701