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501 N Main St, Bernville, PA 19506

$155,600

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
501 N Main St, Bernville, PA 19506 View this property at 501 N Main St, Bernville, PA 19506
501 N Main St Bernville PA 19506

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Map & Location

Property Description

Nice property for first time real estate investor. 3 Unit Multi Family Property in Bernville, PA. Each unit has 2 bedrooms. Separate utilities. All tenants pay their own Utilities (Heat & Electric). Large 2 Car Garage with two storage units rent for $200/mo total. Landlord pays sewer, water, trash, taxes, and Insurance.Good investment property for first time real estate investor. 9.72 Cap rate. 40% Cash on Cash return. 170% Debt Service Coverage Ratio. Excellent cash flow. Long term tenant handles routine maintenance issues. Separate utilities for all Units (Heat & Electric). Additional $200/mo income from oversize garage in rear of property. Good property for first time real estate investor. Near Routes 183 & I-78.

Full Property Details for 501 N Main St

  • Sold For: $155,600
  • Taxes: $2,813 (2013)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 6189653
  • Added: 1, 614 day(s) ago

Property History

  • 501 N Main St, Bernville, PA
  • Sold at $155,600 on 11/15/13
  • Reduced to $164,900 on 6/9/13
  • Increased to $169,000 on 3/27/13
  • Listed at $165,000 on 3/24/13

Interior

  • Interior Features: Ceiling Fan(s), Cable TV Available

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking: 3 Car Parking, Driveway/Off-Street, Shared Driveway

Location

  • Area: Bernville Boro
  • County: BERKS
  • Subdivision: None Available

Heating & Cooling

  • Heating Type: Oil, Radiator

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1901

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Dimensions: IRREGULAR

Financial Considerations

  • Tax Amount: $2,813
  • Tax Year: 2013

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— 501 N Main St —

501 N Main St, Bernville, PA 19506 (MLS# 6189653) is a Multi-Family property that was sold at $155,600 on November 15, 2013. This property was listed by Joseph Leone from our Blue Bell Office. Want to learn more about 501 N Main St? Do you have questions about finding other Multi-Family real estate for sale in Bernville? You can browse all Bernville real estate or contact a Coldwell Banker agent to request more information.