NOT LISTED FOR SALE

58 Pearl St Reedsville, PA 17084

-- Bed
-- Bath
1,340 Sq Ft
7,841 Sq Ft Lot

Last Sold June 20, 2024

Last sale price $285,000 $213 Per Sq Ft

10 Days on Market

Highlights

  • Traditional Floor Plan
  • Attic
  • Formal Dining Room
  • Traditional Architecture
  • Breakfast Area or Nook
  • Porch

About This Home

As of June 2024

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.

Last Agent to Sell the Property

Jo Ann Smith

Keller Williams Advantage Realty License #RS328934 Listed on: 04/22/2024

Keller Williams Advantage Realty

Last Buyer's Agent

Krissy Bonson

Kissinger, Bigatel & Brower License #RS326351

Kissinger, Bigatel & Brower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 47.00 x 340.00
  • Level Lot
  • Back Yard
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone Foundation
  • Aluminum Siding

Interior Spaces

  • Bathtub with Shower
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Alley Access
  • On-Street Parking

Outdoor Features

  • Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 ,15-0523--,000

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals
  • Trash Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,935

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal items
  • Inclusions: home - kitchen appliances. Apts - kitchen appliances, washers and dryers
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: 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.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Laminate Plank, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room, Floor Plan - Traditional, Tub Shower, Window Treatments
  • Fireplace: No
  • Foundation Details: Block, Crawl Space, Stone
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 215.67
  • Above Grade Finished Sq Ft: 1340
  • Below Grade Sq Ft: 670
  • Total Below Grade Sq Ft: 670
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 58

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Aluminum Siding
  • Road Surface Type: Paved
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Alley, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit, Window Unit(s)
  • Electric Service: 200+ Amp Service, 100 Amp Service
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard - Electric, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Schools

  • School District: MIFFLIN COUNTY
  • School District Key: 300200396879
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 101
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.18
  • Lot Dimensions: 47.00 x 340.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • Zoning Description: Village Center

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Total Actual Rent: 27300.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1833.00
  • Tax Annual Amount: 2935.00
  • Assessor Parcel Number: 14 ,15-0523--,000
  • Tax Total Finished Sq Ft: 1340
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/20/2024

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: MIFFLIN COUNTY

Range of Values:

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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 Change Sq Ft Price
06/20/2024 06/20/24 Sold $285,000 -1.4% $213 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $289,000 +189.0% $216 / Sq Ft
12/23/2019 12/23/19 Sold $100,000 0.0% $75 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $100,000 -- $75 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMF2028644

Bright MLS