58 Pearl Street
Reedsville, PA 17084
- – beds
- – baths
- 1,340 sqft
- 7,841 sqft lot
- $212 per sqft
- 1940 build
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Nestled in the heart of Downtown Reedsville, this well maintained property presents a rare investment opportunity with multiple income streams. Boasting a versatile layout, the property features a spacious 3-bedroom/2-bathroom house, two charming one-bedroom apartments, and a generous six-car garage. The house commands a rental income of $925 per month, offering comfortable living spaces and modern amenities. Each one-bedroom apartment is currently leased at $675 per month, providing consistent rental yields. Additionally, the expansive garage, currently utilized by the owners, offers the potential for an additional $400 per month in rental income. Situated in Downtown Reedsville, tenants enjoy easy access to local amenities, churches, parks, restaurants and shops. The property has been well maintained, ensuring a hassle-free ownership experience and attracting quality, long-term tenants. New owners will benefit from stable rental income and capitalize on the growing demand for rental properties in the vibrant Reedsville community. With strategic upgrades and market trends favoring urban living, there's potential for property appreciation over time. Whether you're a seasoned investor or a first-time buyer, this turnkey property offers a seamless investment opportunity with minimal effort required. Don't miss out on this exceptional investment opportunity in Downtown Reedsville. Schedule a viewing today and secure your foothold in this thriving real estate market! Property is in flood zone. Owner is PA Licensed Real Estate Salesperson.
Listing courtesy of BRIGHT / Keller Williams Advantage Realty
Last checked:
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Last updated Oct 17, 2024
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MLS# PAMF2028644 —
The Building
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Year Built:1940
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Aluminum Siding
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Structure Type:Other
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Architectural Style:Traditional
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Building Units Total:4
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Security Features:Smoke Detector
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Accessibility Features:None
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Foundation Details:Block, Crawl Space, Stone
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Total SqFt Source:Assessor
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Total Below Grade SqFt:670
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1340
Interior
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Interior Features:Attic, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room, Floor Plan - Traditional, Tub Shower, Window Treatments
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Flooring Type:Carpet, Laminate Plank, Vinyl
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2010
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Living Area SqFt:1,340 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Buyer Financing:Conventional
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Possession:Settlement
Location
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Directions:Hwy 322 to Reedsville Exit, turn left at traffic light, go straight through traffic light then bear right toward downtown Reedsville, turn left at traffic light onto Logan Street, travel two blocks to Pearl Street, turn right, see yard sign on right
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Latitude:40.66452000
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Longitude:-77.59377000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.18
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Lot Size Source:Assessor
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Lot Size Dimensions:47.00 x 340.00
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Lot Dimensions Source:Assessor
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Lot Features:Level, Rear Yard
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Lot SqFt:7,841 Sqft
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Inclusions:home - kitchen appliances. Apts - kitchen appliances, washers and dryers
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Exclusions:Tenants personal items
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Zoning Description:Village Center
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Zoning:RESIDENTIAL
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Road Surface Type:Paved
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Road Responsibility:Boro/Township
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View:Street
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:101
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (814) 880-6754
- Office phone:
- (814) 272-3333
Taxes
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Tax ID Number:14 ,15-0523--,000
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Tax Year:2023
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Tax Annual Amount:$2,935
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Tax Assessed Value:$53,000
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Year Assessed:2023
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School Tax:1833.0
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County Tax:837.00
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City/Town Tax:265.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Ceiling Fan(s), Wall Unit, Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric, Hot Water
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Heating Fuel:Electric, Oil
Utilities
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Utilities:Cable TV Available, Phone Available, Water Available
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service, 100 Amp Service
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Hot Water:Electric
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Microwave, Oven/Range - Electric, Refrigerator
Schools
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School District Name:Mifflin County
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Municipal Trash:No
Parking
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Garage:No
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Type of Parking:Alley, On Street
Extra Units
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# of Units:3
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:2
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/20/24
Jun 20, 2024
|
Sold | BRIGHT | $285,000 | -1.4% |
5/2/24
May 2, 2024
|
Pending | BRIGHT | $289,000 | |
4/22/24
Apr 22, 2024
|
Listed / Active | BRIGHT | $289,000 |