805 State Street

    HAMBURG, PA 19526
    • $850,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 1000253669
    UPDATED: 31 min ago
    $850,000
    • 0
      BEDS
    • 1.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1933
    County:

    School Ratings & Info

    School District:

    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. The first floor spaces are currently occupied by a hair and nail salon and the other by a tanning salon. 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!

    Monthly Payment Calculator

    ©2018 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. 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: 2018-11-20T13:00:46.44.
    www.paulacashion.com/homes/88035263

    805 State Street HAMBURG, PA 19526

    • Price: $850,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 1000253669
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.43
    Acres
    1933
    Built
    Neighborhood:
    None Available
    County:
    Berks
    Area:
    Hamburg Boro (10246)
    School District:
    Hamburg Area
    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. The first floor spaces are currently occupied by a hair and nail salon and the other by a tanning salon. 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

    Architectural Style Other Construction Materials Aluminum SidingStuccoMixed Plumbing Direction Faces Southeast Garage YN No Location Type Urban Parking Features LotPaved ParkingHandicap Parking Parking Types Parking Lot Riparian Rights YN No Roof PitchedShingle Sign On Property YN Y Topography List Level Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Features Private RestroomsCeiling FansFire AlarmFire-Resistance RatingSecurity LightingShowers Exclusions 7 Tanning Beds1 Tanning Booth2 SaunasSound Equipment In Suite B Fireplace YN No Flooring Tile/BrickCarpetVinyl Inclusions (3) Range/Refrig Units(2) Ranges Room List Master Bedroom Walls Ceilings Other

    Property Features

    Acceptable Financing Conventional Annual Gross Expense 21546.00 Association YN No Building Name Fiore's Plaza Business Type CommercialProfessional/OfficeProfessional ServiceRetailApartment BuildingR&D Flex SpaceMedical Central Air YN No Condo YN No Cross Street Franklin St Electric 100 Amp Service200+ Amp ServiceCircuit Breakers Exterior Amenities Transport Building Expansion Possible Foundation Details Concrete Perimeter Gross Income 92700.00 Heating Fuel Bottled Gas/Propane Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 9 Original MLSNumber 120580113155:TREND Ownership Interest Fee Simple Possession 61-90 Days Cd Purchase Optional YN Yes Rent Includes WaterSewerCommon Area MaintenanceLawn ServiceSnow RemovalTrash RemovalTaxes Sale Includes Land And BuildingLand Only Sewer Public Sewer Tax Annual Amount 13314.0 Tax Assessment Amount 312400.0 Tax Lot 4744 Tenant Pays ElectricityHeatGasWaterSewerHot WaterCooking Fuel Utilities Water AvailableSewer AvailableNatural Gas AvailableElectric AvailablePhoneCable Tv AvailableUnder Ground Vacation Rental YN No Water Source Public Zoning Vc

    Listing courtesy of Re/Max Of Reading.
    ©2018 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. 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: 2018-11-20T13:00:46.44.
     
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