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Sold for $285,000 on 06/20/24
  • $285,000

    58 Pearl St, Reedsville, PA 17084

    5beds
    --baths
    1,340sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $298,100 Zestimate®
    $213/sqft
    $1,249 Estimated rent

    What's special

    Nestled in the heart of Downtown Reedsville, this well maintained property presents a rare investment opportunity with multiple income streams. Boasting a versatile layout, the property features a spacious 3-bedroom/2-bathroom house, two charming one-bedroom apartments, and a generous six-car garage. The house commands a rental income of $925 per month, offering comfortable living spaces and modern amenities. Each one-bedroom apartment is currently leased at $675 per month, providing consistent rental yields. Additionally, the expansive garage, currently utilized by the owners, offers the potential for an additional $400 per month in rental income. Situated in Downtown Reedsville, tenants enjoy easy access to local amenities, churches, parks, restaurants and shops. The property has been well maintained, ensuring a hassle-free ownership experience and attracting quality, long-term tenants. New owners will benefit from stable rental income and capitalize on the growing demand for rental properties in the vibrant Reedsville community. With strategic upgrades and market trends favoring urban living, there's potential for property appreciation over time. Whether you're a seasoned investor or a first-time buyer, this turnkey property offers a seamless investment opportunity with minimal effort required. Don't miss out on this exceptional investment opportunity in Downtown Reedsville. Schedule a viewing today and secure your foothold in this thriving real estate market! Property is in flood zone. Owner is PA Licensed Real Estate Salesperson.

    Zillow last checked: 7 hours ago

    Listing updated: June 22, 2024 at 01:40am

    Listed by:

    Jo Ann Smith 814-880-6754,

    Keller Williams Advantage Realty,

    Listing Team: Jo Ann Smith Team

    Bought with:

    Kristina Bonson, RS326351

    Kissinger, Bigatel & Brower

    Source: Bright MLS,MLS#: PAMF2028644MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 670
    Heating
    • Baseboard, Hot Water, Electric, Oil
    Cooling
    • Ceiling Fan(s), Wall Unit(s), Window Unit(s), Electric
    Appliances
    • Included: Microwave, Oven/Range - Electric, Refrigerator, Electric Water Heater
    Features
    • Attic, Breakfast Area, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room, Floor Plan - Traditional, Bathroom - Tub Shower
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 2,010
    • Total interior livable area: 1,340 sqft

    Property

    Parking
    • Parking features: Alley Access, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Porch
    • Pool features: None
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 7,841 sqft
    • Dimensions: 47.00 x 340.00
    • Features: Level, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 14 ,150523,000
    • Zoning: RESIDENTIAL
    • Zoning description: Village Center
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Foundation: Block, Crawl Space, Stone
    Condition
    • Very Good
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: 200+ Amp Service, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available, Water Available, Cable

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Reedsville
    • Municipality: BROWN TWP

    HOA & financial

    Other financial information
    • Total actual rent: 27300

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Other
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved
    Services availability
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