110 S Kemp Street, Lyon Station, PA 19536

$218,000
2,672
SqFt
Sold Price
$218,000
List Price
$224,900
Closing Date
Mar 28, 2019
Days On Market
39
Status
CLOSED
MLS#
PABK247784
Living Area
2,672
Lot Size (Acres)
0.24
Style
Other
Year Built
1900
County
Berks
School District
Kutztown Area

Property Description

Attention investors or owner occupied to live in one and rent the other. Pride of ownership shows in this fantastic 2 unit opportunity in Lyons Borough located 3 miles from Kutztown University. Previously converted into 2 twin homes these units have been an income producing property over the past 14 years and updated from the bottom to the top. Including but not limited to: windows, doors, roof, electric, siding, kitchens and baths. Generating an 8.8% cap rate landlord has used as a solid student rental property. Unit A: generates $1280 a month with 4 bedrooms and double staircase. Unit B: generates $960 a month with 3 bedrooms. Both units have generous kitchen, dining room, living room, 1.5 baths and 1st fl laundry. Tenants pay electric which includes heat. Owner pays water/sewer/trash. But wait.....included with this well maintained property is 10 car off street parking, 2 car detached garage and a 1 car detached garage adding to the income portfolio. You won't find a nicer property!

Additional Information

Area
Lyons Boro (10260)
Subdivision
None Available
Taxes
$3642
School District
Kutztown Area
Garage
Yes
Garage Spaces
2
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Utilities
Cable TV
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Real Estate-Allentown. Selling Office: .

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