2693 W PHILADELPHIA AVE Active Save Request In-Person Tour Request Virtual Tour
Oley,PA 19547
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,450 sqft
Price per Sqft $178
MLS Listing ID PABK2054750
Year Built 1890
Annual Tax Amount $4,240
Tax Year 2024
Lot Size 0.350 Acres
Property Sub-Type Five Or More Units
Property Description
We are thrilled to share some fantastic news with you! Our latest project, a completely renovated 6-unit apartment building located in the charming town of Oley, PA, Berks County, is now ready to dazzle and impress. Unique opportunity for a multiunit property in this beautiful country setting. Projected annual income after expenses is over $101,000! That's an impressive 9 CAP.
This stunning building offers a variety of units ranging from cozy studios to spacious 4-bedroom apartments, each meticulously designed with modern elegance and functionality in mind. The units feature beautifully tiled bathrooms that exude a sense of luxury, and kitchens adorned with sleek granite countertops, pristine white shaker cabinets, and a mix of top-of-the-line stainless steel, black and white appliances – perfect for those who appreciate a touch of sophistication in their living space.
To ensure ultimate comfort and convenience, we've installed brand new hot water baseboard combi boilers that provide on-demand hot water for showers, making everyday living a breeze. Additionally, the building has gone through significant upgrades, including new plumbing, electrical systems, and energy-efficient windows to enhance the overall living experience and reduce utility costs for tenants.
We invite you to take a closer look at these exceptional units and experience firsthand the quality and attention to detail that sets this property apart. It's a fantastic opportunity for both realtors seeking prime rental options and investors looking to expand their portfolio with a high-value asset. The location in Oley, PA, adds to the appeal, offering a peaceful and welcoming community atmosphere, while still being conveniently close to major highways and amenities.
Don't miss out on this exciting opportunity! We look forward to hearing from you and welcoming you to explore all that this remarkable apartment building has to offer.
Location
State PA
County Berks
Area Oley Twp (10267)
Zoning LB-LOCAL BUSSINESS & COMM
Interior
Hot Water Propane
Heating Baseboard - Electric,Baseboard - Hot Water
Cooling None
Flooring Luxury Vinyl Plank,Vinyl
Inclusions All Apliances and LP tanks (Tanks are owned not leased)
Exterior
Garage Spaces 12.0
Utilities Available Above Ground,Propane
Water Access N
View Street,Pasture,Mountain
Roof Type Metal,Asphalt
Building
Lot Description Level
Foundation Stone
Sewer On Site Septic
Water Well
New Construction N
Schools
Elementary Schools Oley Valley
Middle Schools Oley Valley
High Schools Oley Valley
School District Oley Valley
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition Standard