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Sold
  • $475,000

    1621 Swamp Pike, Gilbertsville, PA 19525

    6beds
    7baths
    7,224sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $677,800 Zestimate®
    $66/sqft
    $2,128 Estimated rent

    What's special

    Great investment opportunity with 4 residential apartments and 3 commercial spaces for a total of 7 units. The property is fully rented at lower than market rents. There is a large parking lot and it sits on a little over 2 acres. The owner pays all utilities on 5 of the units and 2 units pay their own except sewer. The property is being sold AS IS. Income and expenses are as follows: total income $56,460 - Sewer $3,200, Insurance $2,390, Taxes $9,566, Electric $4,584, Gas $2,808, Trash $1,536. Net operating income is $32,376. Lots of potential here!

    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2022 at 02:17am

    Listed by:

    Kathy Kolarz 610-323-3550,

    Herb Real Estate, Inc.

    Bought with:

    Vijay Peethambaram, RS338509

    Tesla Realty Group, LLC

    Source: Bright MLS,MLS#: PAMC2037820MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Oven/Range - Electric, Electric Water Heater
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 7,224
    • Total interior livable area: 7,224 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2.10 Acres
    • Dimensions: 188.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 320006696004
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick, Stucco, Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt,Flat,Shingle
    Condition
    • Average
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Well

    Community & neighborhood

    Location
    • Region: Gilbertsville
    • Municipality: DOUGLASS TWP

    HOA & financial

    Other financial information
    • Total actual rent: 56460

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Professional Offices
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Black Top
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $677,800
    2% more+ $13,556
    With Zillow Showcase(estimated)
    $691,356