502 1st Street, Birdsboro, PA 19508 - MLS #5985262
Request Information
My Notes
Map
Schools
502 1st Street
Birdsboro, PA 19508
Birdsboro, PA 19508
MLS #5985262
$215,0004 Units
0.150000 Acres
Property Details
Note: Excellent 4 unit investment opportunity! Classic architecture, strong brick construction, great rental histories, layouts & varieties, generous cap rates & possible owner financing will surely not disappoint! 502 E. 1st St. has 4 fully leased income producing units in two separate buildings. The stately brick building houses three 2 BR apartments along with the rear house that has one 2 BR apartment that tenant pays their own utilities. New steps & retaining wall recently added. Flexible month to month leases. Tenants pay hot water and have access to coin operated laundry room. Recently added thermostat limiters to significantly lower heating expense & raise NOI, along with natural gas conversion in all units
- Property Type Multi-Family
- Building Floors 3.00
- Design Quadplex
- Gross Square Feet 3218
- Land Square Feet 6534
- Total Units 4
- Unit 1 Lease End MONTH TO MONTH
- Unit 2 Lease End MONTH TO MONTH
- Unit 3 Lease End MONTH TO MONTH
- Unit 4 Lease End MONTH TO MONTH
- Property Age 110
- County BERKS
- Subdivision NONE AVAILABLE
Community & Schools
- School District Daniel Boone
Interior Features
- Basement Y
- Basement Type Partial,Unfinished
- Two Bedroom Unit Count 4
- Baths Full Unit 1 1
- Beds Unit 1 2
- Baths Full Unit 2 1
- Beds Unit 2 2
- Baths Full Unit 3 1
- Beds Unit 3 2
- Beds Unit 4 2
- Baths Full Unit 4 1
Exterior Features
- Water Front N
- Exterior Brick
- Has Garage Flag N
- Garage Spaces NoGarage
- Parking Street
Appliances & Utilites
- Central Air N
Financial Details
- Unit 1 Monthly Rent 750.00
- Unit 2 Monthly Rent 785.00
- Unit 3 Monthly Rent 715.00
- Unit 4 Monthly Rent 785.00
- Annual Heating Expense 4582.00
- Annual Insurance Expense 1104.00
- Annual Maintanance Expense 3299.00
- Annual Other Expense 738.00
- Annual Water Sewer Expense 2721.00
- Tax Year 2010
- Total Assessment 108800.00
- Total Taxes 4517.00
Miscellaneous Details
- New Construction N
- Property Condition Average+Prop
- Type MultiBldgs
Map & Directions
From Pottstown, Rt.422W, (l) Rt. 82, (l) E. 1st St. to property on (r)
Map for 502 1st Street, Birdsboro, PA 1950840.2641805-75.8030935
Map locations are not exact and are meant to be an estimated reference only.
In addition to this Multi-Family real estate property, we have hundreds of addtional Birdsboro real estate listings and homes for sale and Berks County real estate listings and homes for sale.
