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69 S 3RD Street
Hamburg, Pennsylvania 19526 United States

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Details for 69 S 3RD Street

 
Price:
$309,000 
Annual taxes:
$7,836 
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Exterior:
.25 Acres
Property Type:
Multi-Family Home
Web Id:
6824960
MLS ID:
6824960
Subdivision:
NONE AVAILABLE
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School District:
HAMBURG AREA SD
High:
HAMBURG
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About 69 S 3RD Street

GREAT INVESTMENT OPPORTUNITY! Turn key 6-7 unit mixed use property with a bonus 7-8 car garage. Gross rental income $49,000 with potential of up to $58,000. Low maintenance money maker! VERY CONSISTENT INCOME! Owner pays gas heat, water/sewer, and trash. Tenants pay their own hot water and electric. Property consists of two separate buildings on one parcel. Front building has a successful commercial hair salon on the first floor with full bath(tenant for 20 years), life lease tenant on second floor, and a 1 bedroom apt on the third floor. Rear building consists of two 2 bedroom units and one 1 bedroom unit as well as multiple storage areas and a 7-8 car garage(currently empty). Several improvements were made in the last year including a new front sidewalk, gas boiler conversion/chimney liner, new fencing, and misc new roofing, just to name a few. Building is priced with a 9.7% cap rate as is, but has an upswing potential of another 9500+ per year.

Listing Area: Hamburg Boro

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PROPERTY INFORMATION

Basement: 
Full
Cooling: 
Wall Unit
Heating: 
Oil
Parking Description: 
Street
Sewer: 
Public Sewer
Water: 
Public
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69 S 3RD Street, Hamburg, Pennsylvania 19526 United States is a Multi-Family Home. This Multi-Family Home has 0 bedrooms,0 FullBaths, 0 Partial Baths, and is available for $309,000 USD.
 
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Listing Courtesy of Coldwell Banker Residential Brokerage-Wyomissing
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Phone: ­609.921.1050
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