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123 Water Street

East Berlin, PA 17316

– beds
– baths
5,200 sqft
~2 acre lot
$88 per sqft
1960 build

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Looking to add to your investment portfolio? Look no further! Presenting a lucrative investment opportunity consisting of two distinct residential units within a single property. This offering comprises a well-maintained three-bedroom brick rancher and a duplex, both of which are presently occupied by tenants, ensuring immediate cash flow for investors. Stable tenancy reflects the desirability and reliability of the property, mitigating vacancy risks and offering a hassle-free investment opportunity. With a stable rental history, desirable location, and potential for long-term growth, this property portfolio represents a compelling investment proposition for discerning investors looking to capitalize on the lucrative rental market. The property enjoys proximity to essential amenities and convenient access to major transportation routes. Enhancing the accessibility and convenience for tenants, further bolstering the property’s appeal and long-term investment potential.

Listing courtesy of BRIGHT / Coldwell Banker Realty

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# PAAD2013696 —

The Building

Year Built:

1960
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Other
Building Units Total:

3
Accessibility Features:

None
Foundation Details:

Block
Basement:

Yes
Basement Type:

Partially Finished
Total SqFt Source:

Estimated
Total Below Grade SqFt:

1120
Total Below Grade SqFt Source:

Estimated

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

6320
Living Area SqFt:

5,200 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Buyer Financing:

Conventional
Possession:

Settlement

Location

Directions:

From PA-234W: R on Harrisburg St. L on Wagner Ave. L on Water St. House on L
Latitude:

39.94095084
Longitude:

-76.97822426

The Property

Property Subtype:

Duplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

1.53
Lot Size Source:

Estimated
Lot SqFt:

66,647 Sqft
Inclusions:

Rancher, Duplex, and Barn
Zoning:

COMMERCIAL
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

101
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

10004-0010---000
Tax Year:

2024
Tax Lot:

0010
Tax Annual Amount:

$5,792
Tax Assessed Value:

$303,600
Year Assessed:

2024
School Tax:

3897.0
County Tax:

1347.00
City/Town Tax:

546.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Other
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Bermudian Springs
School District Source:

Listing Agent

The Community

Subdivision Name:

East Berlin Borough
Pool:

No Pool

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Garage - Side Entry
Garage Spaces:

2.00
Type of Parking:

Attached Garage, Off Street
# of Attached Garage Spaces:

2

Extra Units

Vacation Rental:

No
Two Bedroom Units:

2
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
8/29/24 Aug 29, 2024	Sold	BRIGHT	$460,000	-7.1%
7/14/24 Jul 14, 2024	Pending	BRIGHT	$495,000
6/29/24 Jun 29, 2024	Listed / Active	BRIGHT	$495,000

Multifamily Sold on 8/29/2024

$460,000

Listing provided by broker:

Francesco Joseph Messina

Coldwell Banker Realty

(717) 757-2717

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Listing Courtesy of: BRIGHT and Coldwell Banker Realty.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.

123 Water Street

East Berlin, PA 17316