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123 Water Street

East Berlin, PA 17316

– beds
– baths
1,120 sqft
~2 acre lot
$526 per sqft
1960 build

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 / RE/MAX Patriots

Last checked: Checking… • Last updated Apr 4, 2024 •

MLS# PAAD2011970 —

The Building

Year Built:

1960
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Other
Building Units Total:

3
Accessibility Features:

None
Foundation Details:

Block
Total SqFt Source:

Assessor
Total Below Grade SqFt:

1120
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1120

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2240
Living Area SqFt:

1,120 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, 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 Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

1.53
Lot Size Source:

Assessor
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

Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

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
2/16/24 Feb 16, 2024	Listed / Active	BRIGHT	$590,000

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This multifamily located in East Berlin, PA 17316 is currently for sale for $590,000. 123 Water Street is a 1,120 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Bermudian Springs Elementary School, Bermudian Springs Middle School, and Bermudian Springs High School.

Listing Courtesy of: BRIGHT and RE/MAX Patriots.

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.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.