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5370 OLEY TURNPIKE RD Reading, PA 19606
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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 8,400 sqft
Price per Sqft $45
Subdivision None Available
MLS Listing ID 1002654140
Sold Date 03/31/16
Style Other
HOA Y/N N
Abv Grd Liv Area 8,400
Originating Board TREND
Year Built 1979
Annual Tax Amount $10,857
Tax Year 2016
Lot Size 3.160 Acres
Acres 3.16
Lot Dimensions IRREG
Property Description
Rare opportunity to own a 8 unit Exeter Township suburban fully occupied apartment building. 4-2BR and 4-1BR apartments all under one roof. Situated on a conveniently located 3 plus acre lot. Most are long term tenants under annual auto renewing 1 year leases. This 3 story building offers plenty of off street parking in both front and back. On site well and septic, all separate electric meters (9 total includes 1 owner's) and each unit has its own hot water heater. Tenants pay their own utilities. Don't miss out on this income producing opportunity schedule your showing today.
Location
State PA
County Berks
Area Exeter Twp (10243)
Zoning RES
Rooms
Other Rooms Primary Bedroom
Basement Partial, Unfinished, Outside Entrance
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Electric, Baseboard
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Electric
Laundry None
Exterior
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Foundation Stone
Sewer On Site Septic
Water Well
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Exeter Township
Others
Tax ID 43-5337-04-71-8514
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Dave Decembrino • RE/MAX Of Reading