NOT LISTED FOR SALE

6802 Boyertown Pike Douglassville, PA 19518

Estimated Value: $540,798 - $611,000

-- Bed
4 Baths
13,068 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $500,000 $38 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,347/month

4 Days on Market

Highlights

  • 90% Forced Air Heating System
  • 4 Car Garage
  • Walk-Up Access

About This Home

As of November 2023

**Rare Find Alert** First time on the market this 4-unit apartment building is now available in Oley schools! Welcome to 6802 Boyertown Pike offering over 13,000 sf of living space and an additional 3-car garage. This is a great opportunity for an investor to add this property to their portfolio!! Currently, 3-units are rented out (month-to-month) and the 4th has been recently vacated. Two of the units are 1-bedroom units, the third unit is a 2-bedroom unit and the fourth is a 3-bedroom unit. The rental amounts being collected are very reduced and are roughly 50+% less compared to other rentals in the area. This apartment building and garages has so much to offer for a seasoned or new investor, please inquire today! Don't miss this opportunity!!

Last Agent to Sell the Property

Joseph Marinelli

Long & Foster Real Estate, Inc. License #RS332098 Listed on: 08/11/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Brenda Marinelli

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Joseph Marinelli

Long & Foster Real Estate, Inc. License #RS332098 Listed on: 08/11/2023

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot

Parking

  • 4 Car Garage
  • Assigned Parking Garage Space
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • 13,068 Sq Ft Home
  • Quadruplex
  • Stone Foundation

Unfinished Basement

  • Walk-Up Access
  • Basement Windows

Utilities

  • 90% Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Powered By Leased Propane
  • 100 Amp Service
  • Shared Well
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 4913
  • Assessor Parcel Number 67-5356-02-66-4913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,566

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal belongings. Washer, dryers, microwaves, window treatments, a/c window units.
  • Inclusions: Range/ovens and refrigerator(s).
  • New Construction: No
  • Expected On Market: 2023-08-11
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished, Windows, Walkout Stairs
  • Total Sq Ft: 13068
  • Living Area Sq Ft: 13068
  • Price Per Sq Ft: 42.08
  • Above Grade Finished Sq Ft: 13068
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6802

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Parking Garage
  • Parking Garage Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well, Well-Shared

Schools

  • School District: OLEY VALLEY
  • School District Key: 300200397314
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 116
  • Lot Size Acres: 0.30
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Year Assessed: 2023
  • Zoning: APARTMENT
  • Zoning Description: 4-unit quadruplex apartment building with garages.

Rental Info

  • Number Of Units Month To Month: 3
  • Total Actual Rent: 33000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3973.00
  • Tax Annual Amount: 5566.00
  • Assessor Parcel Number: 67-5356-02-66-4913
  • Tax Lot: 4913
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/03/2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: OLEY VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Nov 3, 2023
Sold by
Gehringer Alan J and Gehringer Renee S
Bought by
Scholl Edgar W and Scholl Heather D
Seller's Agent
Joseph Marinelli
Long & Foster Real Estate, Inc.
Buyer's Agent
Joseph Marinelli
Long & Foster Real Estate, Inc.
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%
Views
45
Current Estimated Value
$584,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,950
Avg. Annual Appreciation
9.11%
Original Mortgage
$375,000
Outstanding Balance
$368,730
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$216,220

Purchase Details

Closed on
Feb 1, 1989
Bought by
Gehringer Alan J and Gehringer Renee S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scholl Edgar W $500,000 Devon Abstract
Gehringer Alan J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholl Edgar W $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $500,000 -9.1% $38 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $549,900 -- $42 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,923 $134,500 $41,900 $92,600
2024 $5,806 $134,500 $41,900 $92,600
2023 $5,606 $134,500 $41,900 $92,600
2022 $5,499 $134,500 $41,900 $92,600
2021 $5,432 $134,500 $41,900 $92,600
2020 $5,351 $134,500 $41,900 $92,600
2019 $5,271 $134,500 $41,900 $92,600
2018 $5,203 $134,500 $41,900 $92,600
2017 $4,963 $134,500 $41,900 $92,600
2016 $1,341 $134,500 $41,900 $92,600
2015 $1,341 $134,500 $41,900 $92,600
2014 $1,341 $134,500 $41,900 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2033354

Bright MLS

APN: 67-5356-02-66-4913