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!
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
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#: PAMC2037820

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

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.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