805 State Street

    Hamburg, PA 19526
    • $850,000
    • STATUS: Active
    • ON SITE: 827 days
    • ID#: 6813062
    UPDATED: 47 min ago
    $850,000
    • 0
      BEDS
    • 1.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1935
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Re/Max Of Reading.

    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



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Kirk Simmon Team | Berkshire Hathaway HomeServices Fox & Roach participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-09-23T16:55:38.07.
    www.kirksimmon.com/homes/63951714

    805 State Street Hamburg, PA 19526

    • Price: $850,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 6813062
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.43
    Acres
    1935
    Built
    Neighborhood:
    None
    County:
    Berks
    Area:
    Hamburg Boro (10246)
    School District:
    Hamburg
    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

    Building Facade Orientation Southeast Exterior AlumextStucco Exterior Amenities Bldgexpnposs Foundation Concrete Foundation Location Urban Location Types None Lot Dimensions Irreg Parking 26 to 50 Car GarageOnsitegarLot ParkingPaved ParkingHandicap Parking Roof Pitched RoofShingle Roof Topography Level Water Front No

    Interior Features

    Bathrooms Three+ BathroomsPrivate Restrooms Building Features Ceiling FansFire AlarmFire Resistant RaSecurity LightShowers Floor Tile/BrickCarpetflrVinyl Hot Water Electric Plumbing Mixed Plumbing Walls Ceilings Sheetrckintw

    Property Features

    Annual Gross Expense 21546.0 Annual Gross Income 92700.0 Building Name Fiore's Plaza Building Or Business CommercialOfficeProfessionalRetailApartmnt BldR&D Flex SpaceMedical Current Financing Conventional Electric Service 100-150Ampel200-300AmpelCircuit Breakers Fuel On Site On Site Propane Inclusion Remarks (3) Range/Refrig Units(2) Ranges Land Only No Leased Units 9 Lot Number 4744 Property Option Sale Sewer Septic Public Sewer Tax Year 2018 Tenancy Month-To-Month Lease(S)1 Yr Or Less3 Yr Or LessOption to Buy Total Assessment 312400.0 Total Taxes 13314.0 Utilities Water AvailableSewer AvailableGas AvailableElectric AvailablePhone UtilitiesCable TV AvailableUndergrnduti Water Public Zoning Code Vc



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Kirk Simmon Team | Berkshire Hathaway HomeServices Fox & Roach participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-09-23T16:55:38.07.
     
    The Kirk Simmon Team | Berkshire Hathaway HomeServices Fox & Roach
    100 Deerfield Lane, Suite 140
    Malvern PA, 19355
    Listing courtesy of Re/Max Of Reading.