NOT LISTED FOR SALE

1128 1st Ave Berwick, PA 18603

6 Beds
3 Baths
2,160 Sq Ft
7,405 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $193,000 $89 Per Sq Ft

29 Days on Market

Highlights

  • No HOA
  • Heating System Uses Steam
  • 5-minute walk to Sponslers Park
  • 1 Car Detached Garage

About This Home

As of May 2024

Seize the opportunity to invest in a thriving future with this enticing 2-unit property, designed for high cash flow and maximum investment potential. Each side of this duplex features 3 spacious bedrooms, making it ideal for those seeking a comfortable living space and the convenience of nearby amenities.

Perfect for the savvy investor, this property presents a unique ''house hack'' opportunity: live in one unit while renting out the other & building equity! This strategy not only reduces your living expenses but also generates significant income, helping to pay off the mortgage or invest further into your future. Don't wait, contact me to see this property before it is gone! The dual-unit setup ensures privacy and comfort for both the owner-occupant and tenants, making it a highly attractive option for potential renters.

The property is well maintained, offering a turnkey solution for investors looking to capitalize on high cash flow from day one.

Last Agent to Sell the Property

Marc Nespoli

EXP Realty, LLC License #RS336155 Listed on: 03/21/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45 x 160

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Heating System Uses Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 04C-02 -205-00,000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $681
  • Trash Expense $384
  • Water Sewer Expense $864
  • Operating Expense $6,455
  • Gross Income $22,500
  • Net Operating Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,552

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Directions: Rt. 11 to Rt. 93-take first right onto Washington St.-proceed to First Ave.-turn left onto First Ave.-property on left
  • Prop. Type: ResidentialIncome
  • Services Utilities Heating: Gas Steam
  • Services Utilities Water: Public
  • Year Built: 1900
  • Income And Expenses Garbage: 384.0
  • Income And Expenses Gross Oper Income: 22500.0
  • Net Operating Income: 16045.15
  • Income And Expenses Sched Oper Income: 22500.0
  • Major Appliances Dishwashers: 1.0
  • Major Appliances Electric Meters: 2.0
  • Major Appliances Furnaces: 1.0
  • Major Appliances Ranges: 2.0
  • Major Appliances Refrigerators: 1.0
  • Major Appliances Water Heaters: 1.0
  • Services Utilities Road Type: Public
  • Reso Property Sub Type: MultiFamily
  • MLS Status: Closed
  • Subdivision Name: 0-None
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • General Property Description:Basement: Full
  • ServicesUtilities Sewer2: Public
  • Roof TypeYear Shingle: Yes
  • Exterior Finish Aluminum: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Unheated
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.17
  • Disclosures: Deed, Tax Card
  • Construction Type: Frame
  • Foundation Details: None
  • Reso Roof: Shingle
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • General Property Description:Garage Stall2: 1 Car
  • General Property Description:Garage Type2: Detached

Utilities

  • Heating: Gas Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Paved Streets, Street Lights
  • Association: No

Fee Information

  • Trash Expense: 384.0
  • Annual Water Sewer Expense: 864.0

Schools

  • Junior High Dist: Berwick

Lot Info

  • Zoning: Residential R-2
  • Lot Dimensions: 45 x 160
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04C-02 -205-00,000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22500.0
  • Insurance Expense: 681.0
  • Annual Operating Expense: 6454.85
  • Number Of Separate Electric Meters: 2

Tax Info

  • New Taxes Expense: 1520.85
  • Tax Annual Amount: 1551.91
  • Tax Map Number: 20160/3741
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $193,000 -10.2% $89 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $215,000 0.0% $100 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $215,000 -- $100 / Sq Ft
Source: Central Susquehanna Valley Board of REALTORS® MLS

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Map

Source: Central Susquehanna Valley Board of REALTORS® MLS

MLS Number: 20-96446

Central Susquehanna Valley Board of REALTORS® MLS
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