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Sold

618 ARCH STREET

618 ARCH STREET, PERKASIE, PA 18944

$380,000
Great opportunity to purchase a 4 unit investment property in the heart of Perkasie! This property consists of two buildings. The main structure is a very charming Victorian with a large wrap-around porch and 3 apartments. The detached outbuilding contains a 4th apartment and 3 garage bays. Tenants pay heat and electric. All apartments are occupied. There are two 1BR apartments and two 2BR apartments. Heat for two of the units is natural gas. Heat for a third apt is oil. The 4th apartment above the detached garage has electric baseboard heat. Each unit has its own electric hot water heater. Two car garage rents for $185/month. The main house is approximately 2800 SF and the outbuilding with 4th apt is approximately 400 SF. Off street driveway parking. Convenient laundry room in main building. Rents are on the low side for long term tenants. Income/Expense statement available upon request. Property is professionally managed and has been well maintained through the years. Don't miss out on this one!

2,800 Sq.Ft. LIVING AREA

0.23 Acres lot

Bob Kelley

Bob Kelley

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area2,800 Sq.Ft.
  • Lot Area0.23 Acres
  • MLS® IDPABU507642
  • TypeMULTI_FAMILY
  • YEAR BUILT1900
  • Architecture StylesTraditional, Colonial, Victorian
  • School DistrictPENNRIDGE

Exterior

  • Garage Space3.00
  • water SourcePublic
  • utilitiesNatural Gas Available
  • parkingAsphalt Driveway
  • HEAT TYPEBaseboard - Electric, Baseboard - Hot Water
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer
  • SubstructureFrame
  • other exterior FeaturesSidewalks, Above Grade, Below Grade

Financial

  • Sales Price$380,000
  • Real Estate Tax $5,663/yr
  • Zoning C2

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